Westside Mixed-Use Investment
For Sale
$1,350,000
160 AMORY St, Manchester, NH 03102
Brick 8-unit property with commercial and residential spaces.
Property SizeContact for details
Lot Size0.25 Acres
Days on Market164
Property Features for 160 AMORY St
General Information
Standard status
Active
Lot size
0.25 Acres
Property subtype
Investment
Building Details
Year Built
1880
Units
8
Listing Agency:
Bhhs Verani Londonderry
(603) 540-5104
Listed By:
Christopher Evans · License #NH 005229
Source:
Elliman
Added: Mar 11
Changed: Aug 12
Last Checked: Aug 20 at 9:44AM
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 Bhhs Verani Londonderry
Investment Insights
Based on property information with market context.
Located on the westside, this brick building features a mix of residential and commercial units. It includes two 3-bedroom apartments equipped with appliances and washer/dryer hookups, along with six commercial units. The property has undergone significant rehabilitation in recent years, both on the exterior and interior, and features new windows. The second-floor tenant is responsible for their electric bill, while the third-floor unit, which has been recently renovated, pays for electric, hot air heat, and hot water. The commercial tenants cover their own electric and hot water expenses; the seller heats five of the commercial units with a newer gas furnace, while the laundromat pays for its own heat. The property benefits from long-term ownership and tenancy, presenting an opportunity to increase rents. Two commercial units have recently become vacant, with one having been recently remodeled, making it suitable for an owner-user or for lease. Potential uses for the commercial spaces include a restaurant, smoke shop, or office. The building's exterior is constructed of brick and aluminum siding. The commercial units currently house a laundromat, pizza/bakery, church, and karate/gym, with two units currently vacant. The property is presented as a good investment opportunity, offering a 6.9% cap rate on a $103,000 net.
Key Highlights
- Boasting a 6.9% Cap rate on $103K net income.
- Eight units total: two residential (3‑bedroom apartments with appliances and W/D hookups) and six commercial units.
- Value‑add opportunity: Rents can easily be raised.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 03102, NH
33,396
Population
15,264
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
9.1 sq mi
ZIP Area
3,670
Density / Sq Mi
$69,927
Median Household Income
$43,518
Median Earnings
$1,533
Median Rent
$309,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick 8-unit property with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 160 AMORY St Manchester, NH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Boasting a 6.9% Cap rate on $103K net income.; Eight units total: two residential (3‑bedroom apartments with appliances and W/D hookups) and six commercial units.; Value‑add opportunity: Rents can easily be raised.
