377 Manchester Street, Manchester, NH

Property Description

Set in Manchester, New Hampshire, 377 Manchester Street is a residential income built in 1890, now offered at $479,000. The layout delivers 1,662 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. The numbers worth knowing: roughly $288 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. The interiors are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The property offers off-street parking for 3 vehicles, along with additional street parking. Current rents are ~$1,325 per unit per month, generating ~$48K/year in gross income and an estimated ~$30K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 379 and 383 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.

Location Highlights

377 Manchester Street is a residential income in Manchester, New Hampshire, listed at $479,000. That works out to about $288 per square foot, for a home built in 1890. It has been on the market for 5 months.

At this latitude, Manchester averages roughly 8.3 hours of sun a day in June and 3.6 in December.

Property Details

Essentials & finishes