Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
Active under contract
Listed by:
Amanda Plecinoga,
Keller Williams Realty-Metropolitan 603-232-8282
$550,000
Manchester, NH 03104
6beds
3,638sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
Ground-level commercial space
- 34 days
- on Zillow |
- 201 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 11:04am
Listed by:
Amanda Plecinoga,
Keller Williams Realty-Metropolitan 603-232-8282
Source: PrimeMLS,MLS#: 5049386

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 6,362
- Total interior livable area: 3,638 sqft
- Finished area above ground: 3,638
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, Detached, Garage, Off Street, Parking Spaces 5 - 10
- Garage spaces: 2
Features
- Levels: Two,Multi-Level
- Frontage length: Road frontage: 68
Lot
- Size: 8,276.4 Square Feet
- Features: City Lot, Level, Near Shopping, Neighborhood, Near Public Transit
Details
- Zoning description: R3 / Mixed-Use
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete, Stone
- Roof: Asphalt Shingle,Slate
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas On-Site
Community & HOA
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $151/sqft
- Annual tax amount: $6,539
- Date on market: 7/1/2025
- Road surface type: Paved
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