Manchester Area Multi-Family Real Estate

82 W.brook Manchester NH 03104

Price$2,689,000

Est. Mortgage: $/month

MLS Number 4734383

  • Multifamily Multi-Family
  • Units 20
  • Bathroom 20
  • Acreage 0.4
  • Square Feet 18,144

UNIQUE,BRICK 20-APT. BUILDING ON UNIVERSITY LINE! SE corner of W.Brook St & Canal St. What student dorms this would be for 5 major nearby colleges,including SNHU & UNH, just down the street. Near heart of The Millyard, just off Amoskeag Bridge Exit of Everett Tpke. Many improvements including newer roof,windows, blown-in insulation; has wet sprinkler system, fire-alarm system, recent CoC. (18,149 sq.ft of apts). 2 coin-op laundry rooms. 25+ car paved parking on .40 acre lot. On busline. Spacious, multi-level apartments w/high ceilings, modern feel to units, could be future luxury condos. 14 (2-bedrm),(3) 3-bedrm,(3) 1-bedrm. Bring your ideas! Think of it as Boston, North!

Listed by Joan Blais of BHHS Verani Londonderry

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$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1358 Elm Manchester NH 03101

Price$2,380,000

Est. Mortgage: $/month

Pending

MLS Number 4732699

  • Multifamily Multi-Family
  • Units 27
  • Bathroom 27
  • Acreage 0.2
  • Square Feet 25,276

1358 Elm Street is a mixed-use, brick building located in downtown Manchester on the intersection of Dow Street and Elm Street. This building is comprised of four, fully occupied, ground level retail units on Elm Street and twenty-three apartments with a blend of studio, one-bedroom, and two-bedroom units. Featuring on-site laundry, leased parking directly abutting the building accessed via N Hampshire Lane, an additional off-site leased lot for overflow parking, and three additional, unfinished units. This ±32,364 SF building has had many capital improvements over the years, including the the installation of rubber membrane roofs, window replacement, upgrading the sewer line, conversion to natural gas heating systems, and much more. Many of the apartments in this building are below market rent and haven't been renovated for many years, providing an opportunity for significant value add. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1279 Elm Manchester NH 03101

Price$2,340,000

Est. Mortgage: $/month

Pending

MLS Number 4737345

  • Multifamily Multi-Family
  • Units 29
  • Bathroom 29
  • Acreage 0.25
  • Square Feet 19,981

With a premiere location on the corner of Elm Street and Orange Street, this 29 unit building is a unique investment opportunity. Comprised of 7 commercial units, 8 studio apartments, 11 one bedroom apartments, and 3 two bedroom apartments, this property has a solid mix of unit types and income sources. With the same ownership for 26 years, this building has HUGE value-add potential. Many units have not been renovated recently and have the potential for rents to be increased substantially. Additional cost-saving measures could be applied by separating utilities and cutting operating expenses substantially. Many major capital improvements have already been made to this building including installation of rubber membrane roofs, upgrading windows to vinyl replacement, renovation and buildout of several commercial units, and more. This property is located in a Qualified Opportunity Zone.

Listed by Matthew Lefebvre of Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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205-213 Pine Manchester NH 03103

Price$1,425,000

Est. Mortgage: $/month

MLS Number 4727068

  • Multifamily Multi-Family
  • Units 18
  • Bathroom 18
  • Acreage 0.24
  • Square Feet 17,462

Three large buildings with 18 apartments. 6-3 bedroom apartments and 12-2 bedroom apartments. This is a real money maker and has been very good for the many notable owners of the property's history. The building and tenancies are stabilized with strong cash flows separate utilities, and some long term tenants.

Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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297 Concord Manchester NH 03104

Price$1,260,000

Est. Mortgage: $/month

Pending

MLS Number 4766622

  • Multifamily Multi-Family
  • Units 21
  • Bathroom 21
  • Acreage 0.13
  • Square Feet 13,254

21 UNITS ---INVESTMENT OPPORTUNITY to own 2 SEPARATE DEEDED PROPERTIES across the street from one another . The 15 Unit is at 295-297 Concord STREET and a SEPARATE FULLY RENOVATED De-LEADED 6 FAMILY at 8-10 DERRY STREET w/Paved parking for 14 vehicles. Properties are ONLY being sold as a package, financials are combined in this listing, additional information uploaded for review. Great mix of 1 and 2 Bedroom rental units GROSSING $190,680.00 w/$47,335.00 expenses ( includes taxes). SOLID NET $143,345.00. . See Uploaded documents for further income/expense breakdown. TREMENDOUS UPSIDE POTENTIAL IN THE HEART OF THE CITY !! The 15 unit is in need of some renovations. All buyers are encouraged to DRIVE BY prior to scheduling an appointment and proof of financing required in advance.

Listed by Frank Rosano and Pierre Peloquin of Pierre Peloquin Realty

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$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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499 Beech Manchester NH 03104

Price$1,120,000

Est. Mortgage: $/month

MLS Number 4762502

  • Multifamily Multi-Family
  • Units 16
  • Bathroom 16
  • Acreage 0.16
  • Square Feet 6,638

This investment property is a turnkey, 16 unit building in the heart of Manchester. Comprised of twelve studio apartments, two studio deluxe apartments, and two 1BR apartments. With an average monthly rent of $775 this property has a stable tenant base and is a solid investment with some opportunities for growth. This building has seen a large number of capital improvements and cost saving measures including conversion of all systems to natural gas, new vinyl siding, insulation, new roofs, upgrading windows to vinyl replacement, unit renovations, installation of laundry room (with coin operated washer/dryer units), lead abatement work throughout the building and much more. This property has lead safe certificates on-file completed in 2013. While room for adding additional income or cutting expenses exists, this property is a perfect investment for someone looking for a stable building that produces a solid return. With a gross income of almost $150,000 and extremely low operating expenses, this is sure to turn a profit for any investor. Showings begin on 07/05/2019.

Listed by Matthew Lefebvre of Elm Grove Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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405 Manchester Manchester NH 03103

Price$989,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4759250

  • Multifamily Multi-Family
  • Units 15
  • Bathroom 15
  • Acreage 0.21
  • Square Feet 8,576

Att: bottom-line Investors. This makes financial sense. seller could hold 10% 2nd mortgage so you just need 10%-15% down.Tenants pay all heat,hot water,electric bills. Parking at rear. Has CoC. Newer roof,vinyl siding & windows. Newer electric thoughout/sep meters , 15 newer hot water tanks Seller did a lot of baths,cabinets,flooring,all re-painted., there's room for an on-site future laundry room. Master key system.10% CR

Listed by Joan Blais of BHHS Verani Londonderry

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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61 Tonella Milford NH 03055

Price$874,900

Est. Mortgage: $/month

MLS Number 4728879

  • Multifamily Multi-Family
  • Units 12
  • Bathroom 2
  • Acreage 2.23
  • Square Feet 2,100

Town approved 12 Unit Townhouse project. Water and Sewer at site.

Listed by Karl Zahn of Keller Williams Realty/NH

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$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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332 Hanover Street Manchester NH 03104

Price$770,000

Est. Mortgage: $/month

Pending

MLS Number 4757567

  • Multifamily Multi-Family
  • Units 11
  • Bathroom 11
  • Acreage 0.11
  • Square Feet 8,655

Hanover hill 11-unit investment !!! Consisting of a classic victorian style 8-unit & separate 3 family ( all large 3 bedroom units). The 8-unit was gutted to the studs about 23 years ago due to fire. Updated w/insulation, drywall, electrical, plumbing, kitchens, baths, doors & mouldings, vinyl siding, vinyl windows, seven 1-bdrm units, one 2-bedrm and three 3-bdrm units grossing $119,820.00 annually w/$ 30,745.00 expenses ( includes taxes). Solid net income of 89,075.00. Owner pays heat/hot water for all units . New natural gas heating system . Plenty of available parking across the street ( $75.00/month / lot not part of this sale) or just 3 doors away on amherst street ( another private lot). 24 hour notice a must!!! Best cash flowing investment we've seen in quite some time !!!!

Listed by Pierre Peloquin of Pierre Peloquin Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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269-273 Cedar Manchester NH 03103

Price$750,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4764595

  • Multifamily Multi-Family
  • Units 9
  • Bathroom 9
  • Acreage 0.12
  • Square Feet 10,215

Strong cash flows & stable tenancies. All Large Apartments. Unit 9 is $1295/mo. 9 Apartments in Total; Six 4-Bedroom Apartments and Three 3-Bedroom Apartments, Separate utilities. Easy to rent because of the apartment sizes. Solid 8% cap rate, a great cash on cash return. Building is in decent condition, and has lead safe certificate.

Listed by Steve Cotran of RE/MAX Area Real Estate Network LTD

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is 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 August 20, 2019.