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Victorian Duplex with Two Townhouse Units

58 Park Avenue Manchester, NH 03104

New
58 Park Avenue, Manchester, NH, 03104
$700,000
For Sale
$700,000

MULTI_FAMILY - Victorian - Manchester, NH

Property Size3,840 SF
Lot Size0.36 Acres
Price / SF$182.29
Days on Market1

Property Features for 58 Park Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 4, Basement, Bathroom 3, Bedroom 2, Bedroom 3
Parking features
Garage, Driveway
Standard status
Active
Size
3,840 SF
Lot size
0.36 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
11173

Utilities

Heating system
Natural Gas, Steam
Water source
Public

Building Details

Year built
1890
Floors in Building
4
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Metal
Architectural style
Victorian
Listing agency RE/MAX Synergy
Listed by NH Realty Gals
Added: Jul 22 Checked: Jul 22 at 7:06PM
MLS# 5101160

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.


Investment Insights

Based on property information with market context.

This Victorian duplex features two townhouse-style residences with a similar layout and three bedrooms plus a den on the upper level, along with a full bath. The main living areas include powder rooms, with the owner’s residence also featuring a rear family room that opens to a west-facing deck and a one-car garage. Walk-up attics provide cedar closet storage and attic fans. The property is improved with a premium AL-CO metal roofing system.

The owner’s unit has a generator hookup. The building sits directly across from Stark Park and is described as being minutes from downtown Manchester, major highways, restaurants, shopping, and downtown.

Zoned RES, this is currently listed for sale and showings begin with the owner-occupied unit 58, with the tenant unit available for second showings only.

Key Highlights

  • North End Victorian duplex across from Stark Park (30 acres), featuring two townhouse‑style residences with matching layouts
  • Unit 58 (owner‑occupied) offers approx. 2,050+/- SF with large living spaces, a one‑car garage, and a rear family room opening to a west‑facing deck
  • Tenant unit (56) offers approx. 1,790+/- SF with a nearly identical floor plan and spacious townhouse‑style layout

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 $78.3k $20.40
− Vacancy −$4.3k −$1.12
EGI $74.0k $19.28
− OpEx −$22.2k −$5.78
NOI $51.8k $13.49
3,840 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$740.3K
$647.7K – $863.7K (±1% cap)
NOI $51,819 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$689.4K
$603.2K – $804.3K (±1% cap)
NOI $48,255 @ 7.0% cap · market cap 6.89%
Theoretical Best
Specialty Retail
$943.0K
$825.1K – $1.10M (±1% cap)
NOI $66,010 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Auto Repair Shop HVAC Service Building Supply Nail Salon Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Victorian duplex offering two townhouse-style residences, each with three bedrooms and a den, plus premium metal roofing.
Where is this duplex located?
The property is located at 58 Park Avenue Manchester, NH.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: North End Victorian duplex across from Stark Park (30 acres), featuring two townhouse‑style residences with matching layouts; Unit 58 (owner‑occupied) offers approx. 2,050+/- SF with large living spaces, a one‑car garage, and a rear family room opening to a west‑facing deck; Tenant unit (56) offers approx. 1,790+/- SF with a nearly identical floor plan and spacious townhouse‑style layout
Contact an agent
More about this property
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