Listed by Keller Williams Realty-Metropolitan · Danielle Bissonnette · 603-232-8282
Residential Income · Manchester, NH
422 Lake Avenue, Manchester, NH
$685,000
Est. $3,464/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Sq Ft
- 3,913
- Built
- 1910
- MLS®
- #5109960
Property Description
Welcome to 422 Lake Avenue, a multi-family income property in Manchester, New Hampshire. The home offers 3,913 square feet of living space, listed at $685,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: a 0.11-acre lot, garage parking for 2 and 1910 construction. See the listing's full details below, and reach out for a private showing of 422 Lake Avenue.
Investors take notice. Fully occupied 3 Family with a separate garage rental for $150 a month. Plenty of off street parking. Long term tenants; potential for additional income as Sellers are below rental values. Third story completely re-finished and is bright and airy. First floor updated kitchen and bath. All units have separate storage space outside their unit. 3 - 100 AMP panels, heating system just 3 years old. Clean dry basement with storage potential. Situated just minutes from downtown Manchester, hospitals, shopping, restaurants, parks and public transportation. With net operating income of $52,500; this is a great addition to your investment portfolio.
Location Highlights
422 Lake Avenue is a residential income in Manchester, New Hampshire, listed at $685,000. That works out to about $175 per square foot, for a home built in 1910. It has been on the market for 7 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
- 3,913
- Price / SqFt
- $175.06
- Property Type
- Residential Income
- Year Built
- 1910
- County
- NH-Hillsborough
- Town
- Manchester, NH
- Status
- Active
- Days on Market
- 41
Primary Features
- County
- NH-Hillsborough
- Property Type
- Residential Income
- Year Built
- 1910
- Zoning
- Three Family MDL
Interior Features
- Appliances
- Gas Water Heater
- Basement
- Yes
- Basement Access Type
- Interior
- Basement Description
- Concrete, Concrete Floor
- Cooling
- None
- Electric
- 100 Amp Service, Circuit Breakers
- Flooring
- Carpet, Laminate, Manufactured
- Heating
- Hot Air
- SqFt-Approximate Finished Above Grade
- 3,913
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 3,913
- SqFt Approximate Total
- 5,297
Location Information
- School - District
- Manchester School District
Financial Details
- Electric Company
- Eversource
- Fuel Company
- Liberty Utilites
- Tax - Gross Amount
- $8,225.54
- Tax Year
- 2025
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame
- Covenants
- No
- Flood Zone
- No
- Pre-Construction
- No
- Seasonal
- No
- Total Stories
- 3
- Surveyed
- Unknown
External Features
- Driveway
- Paved
- Exterior Features
- Partial Fence
- Foundation
- Granite
- Garage
- Yes
- Garage Capacity
- 2
- Lot Features
- City Lot, Curbing, Leased
- Lot - Acres
- 0.11
- Lot - SqFt
- 4,792
- Parking
- Off Street, Parking Spaces 1 - 10, Paved
- Road Frontage Type
- Paved
- Road Frontage
- Yes
- Road Frontage Length
- 40
- Roof
- Slate
- Sewer
- Public
- Utilities
- Gas at Street
- Water Source
- Public
MLS®: PrimeMLS #5109960; Listed by Keller Williams Realty-Metropolitan · Danielle Bissonnette · 603-232-8282
Property History
Estimated annual taxes for this property
- 2024
- $11,645
- 2023
- $11,354
- 2022
- $11,063
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
$4,577/ mo
- Principal & Interest
- $3,464
- Property Tax
- $970
- Home Insurance
- $143
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 422 Lake Avenue, Manchester, NH
Assigned Schools
- District
- Manchester School District
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How much does 422 Lake Avenue cost?
422 Lake Avenue in Manchester, NH is listed for $685,000 on PrimeMLS.
That is about $175 per square foot of finished living space.
It came on the market on September 16, 2026.
How big is 422 Lake Avenue?
422 Lake Avenue in Manchester, NH has 3,913 square feet of finished living space.
What parking does 422 Lake Avenue have?
422 Lake Avenue in Manchester, NH has a 2-car garage and a paved driveway.
Parking details: off street, parking spaces 1 - 10 and paved.
What school district is 422 Lake Avenue in?
The MLS places 422 Lake Avenue in Manchester, NH in the Manchester School District.
School assignments can change; confirm with the district.
Is 422 Lake Avenue still for sale?
Yes. 422 Lake Avenue in Manchester, NH is listed as Active on PrimeMLS (MLS #5109960).
Status can change quickly; contact us to confirm availability before you visit.
Which brokerage has 422 Lake Avenue listed?
422 Lake Avenue in Manchester, NH is listed by Danielle Bissonnette of Keller Williams Realty-Metropolitan (603-232-8282).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What type of home is 422 Lake Avenue?
422 Lake Avenue in Manchester, NH is a multi-family income property built in 1910.
The MLS lists its style as Multi-Family, with three stories.
What town is 422 Lake Avenue in?
422 Lake Avenue is in Manchester, New Hampshire 03103, in Hillsborough County.
What is the lot size of 422 Lake Avenue?
422 Lake Avenue in Manchester, NH sits on 0.11 acres, per the MLS.
The lot is described as city lot, curbing and leased.
It has 40 feet of road frontage (paved).
Zoning: Three Family MDL.
The MLS lists it as outside a flood zone.
What are the annual property taxes for 422 Lake Avenue?
Annual property taxes on 422 Lake Avenue in Manchester, NH are $8,225 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.
What heating and cooling does 422 Lake Avenue have?
422 Lake Avenue in Manchester, NH is heated by hot air, per the MLS.
The MLS lists no cooling system.
What are the water and sewer systems at 422 Lake Avenue?
422 Lake Avenue 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 (Eversource).
Other utilities: gas at street.
Does 422 Lake Avenue have a basement?
Yes. 422 Lake Avenue in Manchester, NH has a basement with interior access.
The MLS describes it as concrete and concrete floor.
What are the key features of 422 Lake Avenue?
Outside, the MLS lists these features at 422 Lake Avenue in Manchester, NH: partial fence.
Flooring: carpet, laminate and manufactured.
Listed appliances: gas water heater; confirm which ones convey in the purchase agreement.
How does the price of 422 Lake Avenue compare with other Manchester listings?
At $685,000, 422 Lake Avenue 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 can I see 422 Lake Avenue in person?
To see 422 Lake Avenue 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.