421 Laurel Street, Manchester, NH 03103
MULTI_FAMILY - Other - Manchester, NH
- Added:
- Jun 22, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 23 at 12:06 am
Property Features for 421 Laurel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 3 Fam MDL
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 9, Bathroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Basement, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 2
- Standard status
- Active
- Size
- 4,096 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8361
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Wood, Vinyl
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Tar/Gravel, Flat
- Architectural style
- Other
Listing agent Michelle Gannon (603) 647-5718
Listing office Coldwell Banker Classic Realty 1330 Hooksett Road, Hooksett, NH (603) 647-5718
Listing date Jun 22, 2026
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.
HighLights
- Three‑family property with approximately 4,900 SF of living space
- One unit on each floor; layouts include 3‑bedroom units plus additional finished lower‑level space
- Remodeled in 1983; built in 1900
- Wood frame with vinyl siding; roof includes tar/gravel flat roofing
- Natural gas heating; public water and cable available
- Off‑street parking and a backyard; scheduled showings Thursday, June 25th from 2‑4 PM
Overview
Set on a city lot, the property is described as offering convenient access to downtown Manchester, schools, shopping, dining, and major commuter routes. The asset totals approximately 4,900 square feet of living space, with scheduled showings on Thursday, June 25th from 2:00 PM to 4:00 PM.
For tenants, buyers, or owner-occupants, the unit mix supports multiple living arrangements within the same building, including the option to live in one unit while renting the others. The off-street parking and backyard add practical daily value, while the three-bedroom layouts are aligned with households looking for multiple bedrooms within each residence.
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 | $83.6k | $20.40 |
| − Vacancy | −$4.6k | −$1.12 |
| EGI | $79.0k | $19.28 |
| − OpEx | −$23.7k | −$5.78 |
| NOI | $55.3k | $13.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4418015
- Latitude
- 42.9884871
