379 Manchester Street, Manchester, NH

Property Description

A residential income with New Hampshire roots, 379 Manchester Street in Manchester dates to 1898 and lists at $555,000. The home provides 2,498 square feet of living space. 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: roughly $222 per square foot. The full photo gallery, live pricing and every MLS detail for 379 Manchester Street follow below.

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 ~$1,430 per unit per month, generating ~$52K/year in gross income and an estimated ~$32K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 377 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

379 Manchester Street is a residential income in Manchester, New Hampshire, listed at $555,000. That works out to about $222 per square foot, for a home built in 1898. 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