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$550,000

Address not disclosed - MLS#5049386 Manchester, NH 03104

3,638 sqft
0.2 acres
$151 / sqft
Land

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

Home typeOther
HeatingNatural Gas, Forced Air
StatusActive
Size3,638 sqft
BasementYes
Lot size0.19 Acres
Year built1890
ParkingDetached, Garage, Off Street, Parking Spaces 5 - 10
MLS #5049386
Garage2 spaces

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

IDX© 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

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

20%
<35k
69%
35k-100k
8%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
16%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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