Two-Unit Duplex with
336 Lovering Street, Manchester, NH 03109
For Sale
$499,900
Pending
Both residences include private laundry and storage areas, with off-street parking available for occupants.
Property Size1,764 SF
Days on Market54
Property Features for 336 Lovering Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Amenities
in-unit washer/dryer
Building Details
Year Built
Buildings
Listing Agency:
BHHS Verani Londonderry
(603) 434-2377
Listed By:
Brian Gentile
(603) 235-3227
Source:
Anotchaboverealestate
Added: Sep 17
Changed: Nov 9
Last Checked: Nov 8 at 3:17PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1985, this Manchester duplex contains two 2-bedroom, 1-bath residences within 1,764 square feet. Each unit has a kitchen equipped with a refrigerator, range, dishwasher, and microwave. Plank flooring serves the first-floor living areas, while carpet is installed in the bedrooms. Both residences also have a full basement with a dedicated washer and dryer, along with off-street parking for residents.
At 336 Lovering Street, the property is near major highways, restaurants, shopping, and trails.
At 336 Lovering Street, the property is near major highways, restaurants, shopping, and trails.
Key Highlights
- Two 2‑bedroom, 1‑bath units in a 1,764‑square‑foot duplex
- Full basement and dedicated washer and dryer for each unit
- Kitchens include a refrigerator, range, dishwasher, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,804
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,080
$476.1K
Cap Rate 7%
$340,057
$340.1K
Cap Rate 9%
$264,489
$264.5K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$36.0K $20.40/SF
− Vacancy
−$2.0K −$1.12/SF
EGI
$34.0K $19.28/SF
− OpEx
−$10.2K −$5.78/SF
NOI
$23.8K $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%
$476,080
Cap Rate 7%
$340,057
Cap Rate 9%
$264,489
Alternative Uses
Best Use
Multifamily LT 5
$340.1K
$297.6K – $396.7K
NOI $23,804 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$316.7K
$277.1K – $369.5K
NOI $22,167 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$433.2K
$379.0K – $505.4K
NOI $30,323 @ 7.0% cap · market cap 6.07%
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
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 03109, NH
10,580
Population
4,250
Households
2.5
Avg Household Size
42
Median Age
34%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
1,469
Density / Sq Mi
$108,060
Median Household Income
$56,189
Median Earnings
$1,834
Median Rent
$350,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Manchester, NH
Properties on Market for Duplexes in Manchester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private laundry and storage areas, with off-street parking available for occupants.
Where is this duplex located?
The property is located at 336 Lovering Street Manchester, NH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a 1,764‑square‑foot duplex; Full basement and dedicated washer and dryer for each unit; Kitchens include a refrigerator, range, dishwasher, and microwave
