Listed by Downtown Realty · Matthew Lefebvre
406 Belmont Street, Manchester, NH
Residential Income
Listed by Downtown Realty · Matthew Lefebvre
Property Description
406 Belmont Street sits in Manchester, New Hampshire — a residential income 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 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 7 days.
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:4
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Estimated annual taxes for this property
| Year | Est. Tax |
|---|---|
| 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 Manchester148
- Average list price$449,875
- Price range$210,000 – $750,000
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- 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, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Listed by Downtown Realty · Matthew Lefebvre
Owl’s Nest Real Estate estimate, not MLS data.
Questions About This Listing
What is the MLS number for 406 Belmont Street?
The MLS number is #5110849 (PrimeMLS), listed on September 21, 2026.
What is the asking price of 406 Belmont Street?
406 Belmont Street in Manchester, NH is listed at $850,000.
That works out to about $254 per square foot.
What kind of property is 406 Belmont Street?
Residential income in Manchester, New Hampshire, built in 1920.
How big is 406 Belmont Street?
It offers 3,348 square feet of living space.
Where is 406 Belmont Street located?
The property is in Manchester, New Hampshire (03103).
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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 09/28/26.