339 Amherst Street Manchester, NH 03104
MULTI_FAMILY - Other - Manchester, NH
Property Features for 339 Amherst Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MX-2
- Bedrooms
- 24
- Bathrooms
- 6
- Rooms
- Basement, Bedroom 1, Bedroom 17, Bedroom 10, Bathroom 2, Bathroom 3, Bedroom 13, Bedroom 12, Bathroom 6, Bedroom 22, Bathroom 5, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 11, Bedroom 15, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 7, Bedroom 20, Bedroom 2, Bedroom 14, Bedroom 23, Bedroom 24, Bedroom 18, Bedroom 4, Bedroom 21, Bedroom 16, Bedroom 19
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- Size
- 8,310 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15364
Utilities
- Utilities
- Cable Available
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1860
- Floors in Building
- 3
- Number of units
- 6
- Flooring type
- Vinyl, Carpet
- Building materials
- T1-11 Exterior, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Debra Hull (603) 493-4555
Listing office Debra Hull Realty, LLC 46 Benton Rd. Unit C, Manchester, NH (603) 493-4555
Listing date Jul 9, 2026
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Investment Insights
Based on property information with market context.
The property provides off-street parking for 7 vehicles and includes 5 storage units. The Certificate of Compliance (COC) is current, and the property has been managed and maintained by the same owners for more than 22 years, supporting an established rental history.
For sale as a turnkey, income-producing asset, the building is zoned MX-2.
Key Highlights
- 6‑unit multifamily building with approximately $10,300 monthly gross income and is fully occupied
- Each unit includes 4 bedrooms and 1 bathroom, with washer and dryer hookups plus refrigerator and gas or electric range
- Tenants pay their own electricity and hot water; owner pays heat, water, and sewer
Local Financial Insights For Apartment 5plus
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 | $199.4k | $24.00 |
| − Vacancy | −$9.6k | −$1.15 |
| EGI | $189.9k | $22.85 |
| − OpEx | −$85.4k | −$10.28 |
| NOI | $104.4k | $12.57 |