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    Historic Two-Family Residential Income Title is generated by Realmo AI

    358 Auburn Street, Manchester, NH 03103

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    Claim this Listing
    For Sale
    $469,500

    MULTI_FAMILY - Other - Manchester, NH

    Property size:
    2,110 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $222/SF
    Added:
    Mar 9, 2026
    Days on Market:
    107
    Last Refresh:
    Jun 23 at 11:06 am

    Property Features for 358 Auburn Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Res
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Standard status
    Active
    Size
    2,110 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6149

    Utilities

    Heating system
    Natural Gas, Oil
    Water source
    Public

    Building Details

    Year built
    1870
    Floors in Building
    3
    Number of units
    2
    Building materials
    Wood Frame, Vinyl Exterior
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Blaise Blouin

    Listing agent Blaise Blouin

    Listing office Coldwell Banker Realty Bedford NH 166 Rte 101, Bedford, NH

    Listing date Mar 9, 2026

    MLS# 5078625 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family home built in 1870 with wood frame and vinyl exterior
    • Both units are currently rented (buyer to verify) with 2 bedrooms each
    • Each unit includes hardwood flooring and an enclosed porch for additional living/office/guest space
    • Original woodwork featured throughout the home
    • Public water and oil and natural gas heating
    • On‑site garage plus potential for third‑floor expansion (buyer to verify)

    Overview

    This historic two-family residence was built in 1870 and is offered for sale as a residential income property. The home contains two separate living units, and each unit provides two bedrooms, hardwood flooring, and an enclosed porch for added everyday space. Original woodwork is featured throughout, reflecting the home’s classic character. A garage on site adds practical convenience, and the property has been maintained over the years. There is also potential for third-floor expansion, subject to buyer verification.

    The property is located at 358 Auburn Street in Manchester, NH 03103, in Hillsborough County. The listing notes a highly desirable and accessible location, providing context for long-term livability, with both units currently rented.

    With both units in place and currently rented, this could be a straightforward fit for investors seeking an owner-managed multifamily, as well as owner-occupants looking to offset expenses with tenant income. The enclosed porches and hardwood floors offer consistent interior appeal across both units. The included garage supports day-to-day needs, while the mentioned expansion opportunity may interest buyers who want to explore additional living space through third-floor improvements, pending verification.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $43.0k $20.40
    − Vacancy −$2.4k −$1.12
    EGI $40.7k $19.28
    − OpEx −$12.2k −$5.78
    NOI $28.5k $13.49
    2,110 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $406.8K
    $355.9K – $474.6K (±1% cap)
    NOI $28,474 @ 7.0% cap · market cap 6.06%
    Second Best
    Apartment 5plus
    $378.8K
    $331.4K – $441.9K (±1% cap)
    NOI $26,515 @ 7.0% cap · market cap 5.65%
    Theoretical Best
    Specialty Retail
    $518.2K
    $453.4K – $604.5K (±1% cap)
    NOI $36,271 @ 7.0% cap · market cap 7.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4538895
    Latitude
    42.9852835

    FAQs

    What type of property is this?
    Duplex - Built in 1870, this two-family home features two 2-bedroom units with hardwood floors and enclosed porches.
    Where is this duplex located?
    The property is located at 358 Auburn Street Manchester, NH.
    What is the asking price?
    The asking price for this property is $469,500.
    What are key features of this property?
    This property features: Two‑family home built in 1870 with wood frame and vinyl exterior; Both units are currently rented (buyer to verify) with 2 bedrooms each; Each unit includes hardwood flooring and an enclosed porch for additional living/office/guest space
    More about this property
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