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    Two-Family Residential Property Title is generated by Realmo AI

    440 Gold Street, Manchester, NH 03103

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    Claim this Listing
    New
    For Sale
    $525,000

    Well-maintained two-family home offers flexible owner occupancy alongside income potential from the second unit.

    Type:Multi Family Home
    Property size:
    2,672 SF
    Price / SF:
    $196/SF
    Added:
    Jun 11, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 15 at 2:07 am

    Property Features for 440 Gold Street

    General Information

    Standard status
    Active
    Size
    2,672 SF
    Property subtype
    Multi Family Home

    Building Details

    Year Built
    1945

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    Listing Contact
    Michael Caouette

    Listing agent Michael Caouette

    Listing office Keller Williams Realty-Metropolitan

    Listing date Jun 11, 2026

    Source Threehillsres

    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

    • Well‑maintained two‑family property built in 1945
    • Flexible setup with one unit available for owner occupancy and income potential from the second unit
    • Convenient Manchester location just minutes from major highways, shopping, dining, and schools
    • Close to downtown Manchester with easy access to everyday amenities

    Overview

    This well-maintained two-family property is well suited to an owner-occupant or investor model, with one unit available for owner occupancy and income potential from the second unit. The layout is functional and supports flexible living arrangements, including multi-generational households seeking separation and convenience within the same building.

    Located in Manchester, the property is described as being just minutes from major highways, as well as nearby shopping, dining, schools, and downtown Manchester. The central convenience is intended to make everyday errands and commuting more straightforward.

    For tenants and buyers, the appeal is the built-in flexibility of having two separate units within a single residential property. It can support a primary household while also providing a second unit to offset housing costs, or offer an investor a straightforward way to add a two-family asset. Showings require 24 hours notice.

    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 $54.5k $20.40
    − Vacancy −$3.0k −$1.12
    EGI $51.5k $19.28
    − OpEx −$15.5k −$5.78
    NOI $36.1k $13.49
    2,672 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $515.1K
    $450.7K – $601.0K (±1% cap)
    NOI $36,058 @ 7.0% cap · market cap 6.87%
    Second Best
    Apartment 5plus
    $479.7K
    $419.7K – $559.6K (±1% cap)
    NOI $33,577 @ 7.0% cap · market cap 6.40%
    Theoretical Best
    Specialty Retail
    $656.2K
    $574.2K – $765.5K (±1% cap)
    NOI $45,932 @ 7.0% cap · market cap 8.75%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4505058
    Latitude
    42.9562578

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home offers flexible owner occupancy alongside income potential from the second unit.
    Where is this duplex located?
    The property is located at 440 Gold Street Manchester, NH.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Well‑maintained two‑family property built in 1945; Flexible setup with one unit available for owner occupancy and income potential from the second unit; Convenient Manchester location just minutes from major highways, shopping, dining, and schools
    More about this property
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