Nine-Unit Multifamily
101-107 Putnam Street Manchester, NH 03102
101-107 Putnam Street, Manchester, NH, 03102
$1,899,900
For Sale
$1,899,900
MULTI_FAMILY - Other - Manchester, NH
Property Size11,120 SF
Lot Size0.36 Acres
Price / SF$170.85
Days on Market85
Property Features for 101-107 Putnam Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 26
- Bathrooms
- 8
- Rooms
- Bedroom 23, Bedroom 9, Bedroom 14, Bedroom 4, Bedroom 11, Bedroom 26, Bedroom 5, Bedroom 1, Bedroom 25, Bathroom 5, Bedroom 20, Bathroom 6, Bedroom 8, Bedroom 6, Bedroom 15, Bedroom 21, Bedroom 7, Bedroom 18, Bathroom 7, Bedroom 22, Bedroom 13, Bedroom 16, Bedroom 17, Bathroom 2, Bedroom 10, Bedroom 2, Basement, Bathroom 8, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 24, Bedroom 19, Bedroom 12, Bathroom 4
- Patio and Porch features
- Porch
- Exterior features
- Porch, Storage
- Appliances
- Electric Water Heater
- Standard status
- Active
- Size
- 11,120 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20818
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Space Heater, Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 3
- Number of units
- 9
- Flooring type
- Laminate, Vinyl, Hardwood, Carpet
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Flat, Tar/Gravel
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
RE/MAX Synergy
(603) 472-3900
Listed by
Majlinda Shishko · License #76562
(603) 647-8000
Added: Apr 29 Updated: Jul 21 at 11:15PM Checked: Jul 22 at 5:06AM
MLS# 5085984
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.
Investment Insights
Based on property information with market context.
This nine-unit residential building offers a practical mix of layouts, consisting of three 4-bedroom/1-bath units and six 3-bedroom/1-bath units. The unit configurations are designed to provide natural light, and each unit includes washer and dryer hookups.
The property is located at 101-107 Putnam Street in Manchester, New Hampshire. It is situated on a 0.36-acre lot and is identified with R2 zoning.
The building is being offered for sale, and it is currently back on market due to a previous buyer being unable to secure financing.
The property is located at 101-107 Putnam Street in Manchester, New Hampshire. It is situated on a 0.36-acre lot and is identified with R2 zoning.
The building is being offered for sale, and it is currently back on market due to a previous buyer being unable to secure financing.
Key Highlights
- 9‑unit residential building with a mix of layouts: three 4‑bedroom/1‑bath units and six 3‑bedroom/1‑bath units
- Each unit includes washer and dryer hookups
- Year built: 1890
Local Financial Insights For Apartment 5plus
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 | $266.9k | $24.00 |
| − Vacancy | −$12.8k | −$1.15 |
| EGI | $254.1k | $22.85 |
| − OpEx | −$114.3k | −$10.28 |
| NOI | $139.7k | $12.57 |
11,120 SF · lease $24.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.00M
$1.75M – $2.33M
NOI $139,738 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,153 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Nine residential units include three 4-bedroom layouts and six 3-bedroom layouts with washer and dryer hookups.
Where is this apartment building located?
The property is located at 101-107 Putnam Street Manchester, NH.
What is the asking price?
The asking price for this property is $1,899,900.
What are key features of this property?
This property features: 9‑unit residential building with a mix of layouts: three 4‑bedroom/1‑bath units and six 3‑bedroom/1‑bath units; Each unit includes washer and dryer hookups; Year built: 1890
