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2-Unit Duplex with Finished Basement
New
For Sale
$579,900

260 Blucher Street, Manchester, NH 03102

Multi-Family, Manchester, NH

Property Size3,276 SF
Lot Size0.11 Acres
Price / SF$177.01
Days on Market2

Property Features for 260 Blucher Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Basement, Bedroom 3, Bathroom 1, Bathroom 2
Lot features City Lot
Elementary school Gossler Park Elementary School
Middle school Parkside Middle School
High school Manchester West High School
Elementary school district Manchester School District
Middle school district Manchester School District
High school district Manchester School District
Standard status Active
Size 3,276 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7112

Utilities

Utilities Cable Available
Heating system Natural Gas
Water source Public

Amenities

hardwood floors
washer and dryer hookups
natural gas heating
separate utilities
finished basement
kitchenette
bonus room
cedar closet
wood/coal-burning stove
off-street parking
wheelchair-accessible ramp
electric-powered shed

Building Details

Year built 1970
Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX Synergy · RE/MAX International
Listed By: Emmanuel Georges
Added: Oct 22 Last Checked: Oct 23 at 12:06PM
MLS# 5115294

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2-unit duplex contains 3,276 square feet and sits on a 0.11-acre lot. Both residences have hardwood floors, washer and dryer hookups, natural gas heating, and separate utilities. The finished basement adds a kitchenette, bonus room, bathroom, and cedar closet; a wood- and coal-burning stove provides another heating option for the basement and first-floor unit. A wheelchair-accessible ramp serves the first-floor residence.

Built in 1970, the property has vinyl siding, a shingle roof, and public water. Exterior features include ample off-street parking and an electric-powered shed. Gossler Park Elementary School and Parkside Middle School are within walking distance.

Key Highlights

  • Two residences with separate utilities
  • 3,276 square feet on a 0.11‑acre lot
  • Finished basement includes kitchenette, bonus room, bathroom, and cedar closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,208
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,160 $884.2K
Cap Rate 7%
$631,543 $631.5K
Cap Rate 9%
$491,200 $491.2K
Market Conditions
NOI Build-Up for 3,276 SF
Gross rent
$66.8K $20.40/SF
− Vacancy
−$3.7K −$1.12/SF
EGI
$63.2K $19.28/SF
− OpEx
−$18.9K −$5.78/SF
NOI
$44.2K $13.49/SF
Area
Manchester, NH
Vacancy
5.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,160
Cap Rate 7%
$631,543
Cap Rate 9%
$491,200

Alternative Uses

Best Use
Multifamily LT 5
$631.5K
$552.6K – $736.8K (±1% cap)
NOI $44,208 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$588.1K
$514.6K – $686.1K (±1% cap)
NOI $41,168 @ 7.0% cap · market cap 7.10%
Theoretical Best
Specialty Retail
$804.5K
$703.9K – $938.6K (±1% cap)
NOI $56,314 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,078
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer natural gas heat, hardwood flooring, and a wheelchair-accessible ramp at the first-floor entrance.
Where is this duplex located?
The property is located at 260 Blucher Street Manchester, NH.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two residences with separate utilities; 3,276 square feet on a 0.11‑acre lot; Finished basement includes kitchenette, bonus room, bathroom, and cedar closet
More about this property
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