514 Hanover Street, Manchester, NH
Residential Income
Listed by Galactic Realty Group LLC · Matthew G Brown
Property Description
Set in Manchester, New Hampshire, 514 Hanover Street is a residential income built in 1910, now offered at $1,325,000. The layout delivers 6,289 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 $211 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.
Turn-key 5-unit multifamily investment opportunity located atop Manchester’s prestigious “Hanover Hill.” This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.
Location Highlights
514 Hanover Street is a residential income in Manchester, New Hampshire, listed at $1,325,000. That works out to about $211 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.
Zoned schools in the Manchester Sch Dst SAU #37: McDonough School (Elementary), Hillside Middle School (Middle), Central High School (High). Always confirm zoning with the district office.
Property Details
Essentials & finishes
- SqFt:6,289
- Price / SqFt:$210.69
- Property Type:Residential Income
- Year Built:1910
- County:NH-Hillsborough
- Town:Manchester, NH
- Status:Active
- Days on Market:50
Primary Features
Interior Features
Location Information
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $22,525 |
| 2023 | $21,962 |
| 2022 | $21,399 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Manchester138
- Average list price$471,225
- Price range$220,000 – $689,000
Mortgage Calculator
Estimate your monthly payment for this home
- Principal & Interest$6,700
- Property Tax$1,877
- Home Insurance$276
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 514 Hanover Street, Manchester, NH
Questions About This Listing
Can I still buy 514 Hanover Street?
The listing's current MLS status is Active. Reach out and we can confirm availability and arrange a showing.
What is the asking price of 514 Hanover Street?
514 Hanover Street in Manchester, NH is listed at $1,325,000.
That works out to about $211 per square foot.
How big is 514 Hanover Street?
It offers 6,289 square feet of living space.
Where is 514 Hanover Street located?
The property is in Manchester, New Hampshire (03104).
What is the MLS number for 514 Hanover Street?
The MLS number is #5101368 (PrimeMLS), listed on July 23, 2026.
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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.
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Considering this property as a short-term rental?