518 Central Street, Manchester, NH
Residential Income
Listed by BHHS Verani Belmont · Shirley Freeman
Property Description
This spacious two-family property offers flexibility for investors and owner-occupants. Live in one unit and offset your expenses with rental income, or maximize your investment potential by renting both units. The first floor unit offers an updated open concept living dining area, 2 spacious bedrooms and a full bath. This unit opens to a patio and a fenced yard. The second level features the same floor plan, with a private deck overlooking the shaded yard. The finished bonus area in the lower level provides additional room for a home office, recreation space, or storage. Outside, you'll find a rare oversized fenced yard for a city property, offering plenty of space for gardening, entertaining or pets. Enclosed side yard is perfect for a toddler play area. A patio area creates the perfect spot to relax and enjoy the outdoors. The shed provides convenient storage for tools and seasonal items. The two-car garage & the driveway offer plenty of off street parking. Walk to Derryfield Park, Elliott Hospital or downtown. Ideally located close to Derryfield Golf Course, shopping, dining, major highways, and downtown Manchester amenities, this property offers easy access to everything you need for work & play. Whether you're looking to build equity, expand your portfolio, or find a home with income potential, this versatile multi-family property is ready for a new home owner or new tenants.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- SqFt:1,920
- Price / SqFt:$260.36
- Property Type:Residential Income
- Year Built:1960
- County:NH-Hillsborough
- Town:Manchester, NH
- Status:Active
- Days on Market:7
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $8,498 |
| 2023 | $8,286 |
| 2022 | $8,073 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Manchester128
- Average list price$554,883
- Price range$359,900 – $867,000
- Market sentimentBuyer's Market
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- Principal & Interest$2,528
- Property Tax$708
- Home Insurance$104
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.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 128 active · 0 sold in Manchester (last 90 days)
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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