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379 Manchester St Manchester, NH 03103

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For Sale
$1,300,000

Three-building multifamily portfolio in Manchester, NH with value-add potential.

Property size:
6,193 SF

Property Features for 379 Manchester St

General Information

Size
6,193 SF

Building Details

Year built
1898

Source: Brad Carlson Agent Brad Carlson

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


Overview

Manchester Street Apartments Portfolio

The Manchester Street Apartments represent a portfolio of three contiguous three-family properties located in Manchester, NH. The portfolio comprises a total of nine units, with a unit mix of five one-bedroom and four two-bedroom apartments. The properties have been professionally managed and well maintained. Upgrades have been made to many of the hallways, flooring, and apartments, resulting in a more modern aesthetic. Each building features separate utilities, which are paid by the tenants. Landlord responsibilities are limited to water, sewer, and common area electricity. Off-street parking is available. The properties offer an opportunity to raise rents to market rate. The total property size is 6,193 square feet. Manchester, New Hampshire, situated along the Merrimack River, combines urban amenities with natural surroundings. The city has evolved into a center for business, technology, and healthcare, while maintaining its historic architecture. Downtown Manchester offers diverse dining options, cultural attractions such as the Currier Museum of Art, and a vibrant arts scene, with convenient access to New Hampshire's lakes and mountains.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Manchester
County
Merrimack
State
New Hampshire
Longitude
-71.4499972
Latitude
42.9900054

FAQs

What type of property is this?
Triplex - Three-building multifamily portfolio in Manchester, NH with value-add potential.
Where is this triplex located?
The property is located at 379 Manchester St Manchester, NH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Opportunity to increase rents to market rate for immediate cash flow improvement.; - Portfolio of three well-maintained, professionally managed buildings.; - Desirable unit mix of one and two-bedroom apartments.
More about this property
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