11 Congress St, Manchester, NH 03102
Bright, sunny triplex with renovated unit and detached garage.
- Added:
- Apr 24, 2026
- Days on Market:
- 54
- 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
Listing agent Gregory McCarthy (603) 836-2699
Listing office Keller Williams Realty Metropolitan (603) 836-2699
Listing date Apr 24, 2026
Source Elliman
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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
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 | $87.7k | $20.40 |
| − Vacancy | −$4.8k | −$1.12 |
| EGI | $82.9k | $19.28 |
| − OpEx | −$24.9k | −$5.78 |
| NOI | $58.0k | $13.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4888197
- Latitude
- 42.9926397