Spacious Manchester Triplex Opportunity

11 Congress St, Manchester, NH 03102

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For Sale

$740,000

Bright, sunny triplex with renovated unit and detached garage.

Type:Investment

Property size:

4,300 SF

Price / SF:

$172/SF

HighLights

High 8.4% cap rate makes this a compelling investment opportunity.
Vacant first‑floor unit provides flexibility for owner‑occupancy or tenant selection.
Large 3‑family home with over 4,300 sq ft of living space (approximately 1,417 sq ft per unit).
Located on a desirable, quiet dead‑end street in a neighborhood of single‑family homes.
Third‑floor unit recently renovated with new paint, flooring, kitchen cabinets, and quartz countertops.
Separate utilities for each unit, natural gas heat, Weil‑McLain boilers, newer hot water tanks, and replacement windows.

We can help!

Listing Contact

Gregory McCarthy

Learn more

For Sale

$740,000

Bright, sunny triplex with renovated unit and detached garage.

Type:Investment

Property size:

4,300 SF

Price / SF:

$172/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 4:43 pm

Property Features for 11 Congress St

General Information

Standard status: Active
Size: 4,300 SF
Property subtype: Investment

Building Details

Year Built: 1920

We can help!

Listing Contact

Gregory McCarthy

Listing agent Gregory McCarthy

Listing office Keller Williams Realty Metropolitan

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Metropolitan

HighLights

High 8.4% cap rate makes this a compelling investment opportunity.
Vacant first‑floor unit provides flexibility for owner‑occupancy or tenant selection.
Large 3‑family home with over 4,300 sq ft of living space (approximately 1,417 sq ft per unit).
Located on a desirable, quiet dead‑end street in a neighborhood of single‑family homes.
Third‑floor unit recently renovated with new paint, flooring, kitchen cabinets, and quartz countertops.
Separate utilities for each unit, natural gas heat, Weil‑McLain boilers, newer hot water tanks, and replacement windows.

Overview

Located on a quiet dead-end street on Manchester’s West Side, this triplex is surrounded by single-family homes. The property offers over 4,300 sq ft of living space. Each unit features approximately 1,417 sq ft, with spacious kitchens, living rooms, and laundry/utility rooms. A detached 2-stall garage is included. The third-floor unit, a 2-bedroom apartment, has been recently renovated with fresh paint, new flooring, new kitchen cabinets, and quartz countertops. The first-floor unit is currently vacant, offering flexibility for an owner-occupant or investor. The vacant unit also includes a private deck. The partially fenced backyard features 5-foot vinyl fencing and hardscape. Each unit has separate utilities, natural gas heat, Weil-McLain boilers, newer hot water tanks, and replacement windows. Individual basement storage units are available for tenants. The property is located in a somewhat walkable area with a walk score of 58 and a somewhat bikeable area with a bike score of 39.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$87.7k	$20.40
− Vacancy	−$4.8k	−$1.12
EGI	$82.9k	$19.28
− OpEx	−$24.9k	−$5.78
NOI	$58.0k	$13.49

4,300 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$829.0K

$725.3K – $967.1K (±1% cap)

NOI $58,027 @ 7.0% cap · market cap 7.84%

Second Best

Apartment 5plus

$771.9K

$675.5K – $900.6K (±1% cap)

NOI $54,036 @ 7.0% cap · market cap 7.30%

Theoretical Best

Specialty Retail

$1.06M

$924.0K – $1.23M (±1% cap)

NOI $73,917 @ 7.0% cap · market cap 9.99%

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Manchester
County: Merrimack
State: New Hampshire
Longitude: -71.4888197
Latitude: 42.9926397

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For sale
Triplexes
NH
Manchester
03102
11 Congress St

What type of property is this?

Triplex - Bright, sunny triplex with renovated unit and detached garage.

Where is this triplex located?

The property is located at 11 Congress St Manchester, NH.

What is the asking price?

The asking price for this property is $740,000.

What are key features of this property?

This property features: High 8.4% cap rate makes this a compelling investment opportunity.; Vacant first‑floor unit provides flexibility for owner‑occupancy or tenant selection.; Large 3‑family home with over 4,300 sq ft of living space (approximately 1,417 sq ft per unit).