Two-Family Residential Income
763 Silver Street Manchester, NH 03103
763 Silver Street, Manchester, NH, 03103
$639,000
For Sale
$639,000
MULTI_FAMILY - Colonial - Manchester, NH
Property Size2,266 SF
Lot Size0.16 Acres
Price / SF$281.99
Days on Market30
Property Features for 763 Silver Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Two Family
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 1, Basement, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1
- Standard status
- Active
- Size
- 2,266 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6659
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Colonial
Listing agency
Bennett, R. E. Brokerage
(603) 668-2682
Listed by
Robert Bennett
(603) 668-2682
Added: Jun 24 Updated: Jul 22 at 2:59PM Checked: Jul 23 at 12:06AM
MLS# 5096496
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 well-maintained two-family features two spacious 3-bedroom, 1-bath units. The first-floor unit (763) is vacant and move-in ready with fresh paint throughout, updated flooring, stainless steel appliances, in-unit laundry, and a refreshed bathroom with a brand-new tub. The second-floor unit (765) includes hardwood floors and kitchen updates with quartz countertops, with in-unit laundry as well.
The property offers approximately six marked off-street parking spaces plus additional overflow, along with an 8x10 storage shed and usable outdoor space for grilling and summer seating. Additional site improvements during ownership include Harvey windows, vinyl siding, refinished decks, a new roof in 2020, gutters in 2022, vinyl privacy fencing, and a newly repaved driveway in 2024.
Zoned for Two Family, the property is listed as a for-sale opportunity at 763 Silver Street in Manchester, NH.
The property offers approximately six marked off-street parking spaces plus additional overflow, along with an 8x10 storage shed and usable outdoor space for grilling and summer seating. Additional site improvements during ownership include Harvey windows, vinyl siding, refinished decks, a new roof in 2020, gutters in 2022, vinyl privacy fencing, and a newly repaved driveway in 2024.
Zoned for Two Family, the property is listed as a for-sale opportunity at 763 Silver Street in Manchester, NH.
Key Highlights
- Two‑family Colonial built in 1940 with vinyl siding and natural gas heating
- Two 3‑bedroom, 1‑bath units plus basement—Unit 763 is vacant and move‑in ready
- Unit 763 features fresh paint, updated flooring, stainless steel appliances, in‑unit laundry, and a refreshed bathroom with a brand‑new tub
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 | $46.2k | $20.40 |
| − Vacancy | −$2.5k | −$1.12 |
| EGI | $43.7k | $19.28 |
| − OpEx | −$13.1k | −$5.78 |
| NOI | $30.6k | $13.49 |
2,266 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.8K
$382.2K – $509.7K
NOI $30,579 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$406.8K
$355.9K – $474.6K
NOI $28,475 @ 7.0% cap · market cap 4.46%
Theoretical Best
Specialty Retail
$556.5K
$486.9K – $649.2K
NOI $38,953 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family with two 3-bedroom units, off-street parking, and a vacant first-floor unit ready for owner occupancy.
Where is this duplex located?
The property is located at 763 Silver Street Manchester, NH.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Two‑family Colonial built in 1940 with vinyl siding and natural gas heating; Two 3‑bedroom, 1‑bath units plus basement—Unit 763 is vacant and move‑in ready; Unit 763 features fresh paint, updated flooring, stainless steel appliances, in‑unit laundry, and a refreshed bathroom with a brand‑new tub
