Listed by Downtown Realty · Matthew Lefebvre · 603-554-2309
Residential Income · Manchester, NH
406 Belmont Street, Manchester, NH
$850,000
Est. $4,298/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 3,348
- Built
- 1920
- MLS®
- #5110849
Property Description
406 Belmont Street sits in Manchester, New Hampshire — a multi-family income property offering 3,348 square feet of living space. The asking price is $850,000. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Beyond the basics, the listing carries a 0.1-acre lot, 1920 construction and roughly $254 per square foot. See the listing's full details below, and reach out for a private showing of 406 Belmont Street.
This six-unit multifamily asset in Manchester, NH offers a fully occupied, low-maintenance investment in a strong urban submarket. This city lot has limited landscaping maintenance and features one paved, off-street parking space per unit behind the building. The five 1-bedroom units have been renovated by the current ownership and have a mix of refinished hardwood and vinyl plank flooring throughout along with new kitchens, appliances, and fixtures. The sole studio unit remains unrenovated but is kept in excellent condition by a long-term resident. Landlord pays for heat, hot water, and water/sewer, while tenants are responsible for their own electric. Other major upgrades during the current ownership include, a full vinyl siding wrap, replacement of natural gas water heater, replacement of front decks, and the upgrade of electrical service and panels to individual 100-amp circuit breakers. Rents are slightly below-market throughout the property with a current gross annual rent projected at $100,800 and a proforma potential of $108,000 as rents are adjusted toward market levels. With all six units fully occupied and rents already near market, this offering presents a stable, turnkey opportunity for an investor seeking a low-management asset with modest, steady upside.
Location Highlights
406 Belmont Street is a residential income in Manchester, New Hampshire, listed at $850,000. That works out to about $254 per square foot, for a home built in 1920. It has been on the market for 6 weeks.
At this latitude, Manchester averages roughly 8.3 hours of sun a day in June and 3.6 in December.
Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.
Property Details
Essentials & finishes
- SqFt
- 3,348
- Price / SqFt
- $253.88
- Property Type
- Residential Income
- Year Built
- 1920
- County
- NH-Hillsborough
- Town
- Manchester, NH
- Status
- Active
- Days on Market
- 29
Primary Features
- County
- NH-Hillsborough
- Property Type
- Residential Income
- Year Built
- 1920
- Zoning
- MX-2
Interior Features
- Basement
- Yes
- Basement Access Type
- Walk-up
- Basement Description
- Unfinished
- Cooling
- None
- Electric
- 100 Amp Service, Circuit Breakers
- Flooring
- Hardwood, Tile, Vinyl Plank
- Heating
- Natural Gas, Oil, Steam
- SqFt-Approximate Finished Above Grade
- 3,348
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 3,348
- SqFt Approximate Total
- 4,464
Financial Details
- Tax - Gross Amount
- $8,559.50
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame
- Covenants
- Unknown
- Flood Zone
- Unknown
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- 3
- Surveyed
- Unknown
External Features
- Driveway
- Paved
- Exterior Features
- Deck, Partial Fence, Covered Porch
- Foundation
- Concrete, Fieldstone
- Garage
- No
- Lot Features
- City Lot, Landscaped, Level
- Lot - Acres
- 0.1
- Lot - SqFt
- 4,356
- Parking
- Off Street, On Site
- Road Frontage Type
- Paved, Public Maintained Road, Public
- Road Frontage
- TBD
- Roof
- Membrane
- Sewer
- Public
- Utilities
- Other
- Water Source
- Public
MLS®: PrimeMLS #5110849; Listed by Downtown Realty · Matthew Lefebvre · 603-554-2309
Property History
Estimated annual taxes for this property
- 2024
- $14,450
- 2023
- $14,089
- 2022
- $13,728
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
Market Data
Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town
- Active listings in Manchester
- 178
- Average list price
- $516,308
- Price range
- $175,000 – $825,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$5,679/ mo
- Principal & Interest
- $4,298
- Property Tax
- $1,204
- Home Insurance
- $177
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Around This Property
Schools, everyday places and nearby destinations near 406 Belmont Street, Manchester, NH
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How big is 406 Belmont Street?
406 Belmont Street in Manchester, NH has 3,348 square feet of finished living space.
What is the asking price of 406 Belmont Street?
406 Belmont Street in Manchester, NH is listed for $850,000 on PrimeMLS.
That is about $254 per square foot of finished living space.
It came on the market on September 21, 2026.
Does 406 Belmont Street have town water and sewer?
406 Belmont Street in Manchester, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 100 amp service and circuit breakers.
Is there a basement at 406 Belmont Street?
Yes. 406 Belmont Street in Manchester, NH has a basement with walk-up access.
The MLS describes it as unfinished.
What features does 406 Belmont Street have?
Outside, the MLS lists these features at 406 Belmont Street in Manchester, NH: deck, partial fence and covered porch.
Flooring: hardwood, tile and vinyl plank.
Does 406 Belmont Street have a garage?
The MLS lists no garage at 406 Belmont Street in Manchester, NH; parking is off a paved driveway.
Parking details: off street and on site.
Is 406 Belmont Street still available?
Yes. 406 Belmont Street in Manchester, NH is listed as Active on PrimeMLS (MLS #5110849).
Status can change quickly; contact us to confirm availability before you visit.
Who is the listing agent for 406 Belmont Street?
406 Belmont Street in Manchester, NH is listed by Matthew Lefebvre of Downtown Realty (603-554-2309).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What kind of property is 406 Belmont Street?
406 Belmont Street in Manchester, NH is a multi-family income property built in 1920.
The MLS lists its style as Apartment Building, Multi-Family, with three stories.
Where is 406 Belmont Street located?
406 Belmont Street is in Manchester, New Hampshire 03103, in Hillsborough County.
How much land comes with 406 Belmont Street?
406 Belmont Street in Manchester, NH sits on 0.1 acres, per the MLS.
The lot is described as city lot, landscaped and level.
Zoning: MX-2.
How much are the property taxes on 406 Belmont Street?
Annual property taxes on 406 Belmont Street in Manchester, NH are $8,559 for the 2025 tax year, per the MLS.
New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Manchester assessing office.
How is 406 Belmont Street heated?
406 Belmont Street in Manchester, NH is heated by natural gas, oil and steam, per the MLS.
The MLS lists no cooling system.
How does the price of 406 Belmont Street compare with other Manchester listings?
At $850,000, 406 Belmont Street in Manchester, NH is priced above the $649,900 median asking price of the 55 multi-family properties for sale in Manchester on PrimeMLS as of November 3, 2026 (this listing included).
That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.
How do I schedule a showing of 406 Belmont Street?
To see 406 Belmont Street in Manchester, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.
We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.
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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.
This listing data is intended for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/03/26.