#5048838, Kristi Whitten, Listing office: Keller Williams Realty-Metropolitan

Address not disclosed - MLS#5049386 Manchester, NH 03104
Property details
About This Home
Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.
Highlights
Summary
- Basement: Yes
- Flooring Type: Carpet, Laminate, Vinyl
- Garage Space: 2 spaces
- Parking: Detached, Garage, Off Street, Parking Spaces 5 - 10
- Heating: Natural Gas, Forced Air
- Cooling: None
- List Price: $550,000
- Price/SqFt: $151
- Year Built: 1890
- Stories: 2
- Living Area: 3,638 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 5049386
- Office Name: Keller Williams Realty-Metropolitan
- Office Phone: (603) 232-8282
- Office Email: ecarrasquillo@kw.com
- Listing Agent: Amanda Plecinoga
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. 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.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
3
Parker-Varney School
Public District PK-4
0.1 mi
•223 James Pollack Dr
5
Bakersville School
Public District PK-5
1.0 mi
•20 Elm St
3
Gossler Park School
Public District KG-4
1.0 mi
•145 Parkside Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,854. The majority of Manchester, NH residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
Living in Manchester, NH
Manchester's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is increasingly focusing on enhancing walkability and bikeability, particularly in the downtown area, to promote a more pedestrian-friendly environment. Ride-sharing services are operational, complementing the existing transportation options and offering additional convenience for residents and visitors.
The city is served by a robust educational system, including numerous public schools that span elementary to high school levels, alongside private institutions that cater to a range of educational needs. Manchester is home to several healthcare facilities, offering services from primary care to specialized medical treatments. The public library system is well-established, providing residents with access to a wealth of resources and programs. Retail and dining options reflect the local culture, with a blend of national chains and independent businesses that cater to a variety of tastes and preferences.
Manchester prides itself on a vibrant community spirit, underscored by annual events that showcase the city's cultural heritage and local talent. The city's character is further enriched by its public parks, museums, and art galleries, which serve as hubs for community engagement and cultural expression. Residents and visitors alike enjoy a variety of recreational and entertainment options that contribute to the city's lively yet family-friendly atmosphere.
Manchester's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles in the area are varied, with a notable presence of colonial, ranch, and Victorian homes. A significant portion of the housing stock was constructed during the late 20th century, reflecting a period of growth and development. The city has a healthy homeownership rate, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.
About this property
This 3,638 square foot home, which was built in 1890, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $550,000.
While more than 65 listings in Manchester, NH in June 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Manchester, NH increased by 32.4% between May and June 2025. The median list price of listings available in June 2025 was $472,500, while the average time on the real estate market was 8 days.