27 Blodget St, Manchester, NH 03104
Four-unit income property with a large 4-bedroom house, separate utilities, and natural gas heat.
- Added:
- Jun 20, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 21 at 2:12 am
Property Features for 27 Blodget St
General Information
- Standard status
- Active
- Size
- 4,188 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1930
Listing agent John Roy (603) 625-2468
Listing office (603) 625-2468
Listing date Jun 20, 2026
Source Elliman
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 John Roy
HighLights
- Four‑unit multifamily property with over 4,188 SF of rentable space and a 1930 build year
- Large single‑family 4‑bedroom, 2‑bath home plus three 1‑bedroom units for a strong unit mix
- Two‑car detached garage included; attached 3‑family structure on the property
- Separately metered utilities (except hot water in the three‑family); tenants pay most utilities
- Natural gas heat to help keep operating costs down
- Two units are on month‑to‑month tenancy for potential rent flexibility or owner‑occupancy
Overview
The property offers immediate flexibility thanks to the current month-to-month occupancy. Group showings are by appointment only, scheduled for Friday, June 12 at 6:00 PM, Saturday, June 13 at 12:00 PM, and Sunday, June 14 at 1:00 PM.
For tenants and buyers seeking steady, practical operating control, the separate metering structure allows residents to be responsible for their own utilities (with the noted hot water exception). For an owner-occupant, the layout supports living in the largest unit while the three 1-bedroom units provide additional rental income. For investors, the size of the primary 4-bedroom unit and the variety of unit types can support a more tailored leasing approach within this four-unit configuration.
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 | $85.4k | $20.40 |
| − Vacancy | −$4.7k | −$1.12 |
| EGI | $80.7k | $19.28 |
| − OpEx | −$24.2k | −$5.78 |
| NOI | $56.5k | $13.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4627842
- Latitude
- 43.0005403
