806 Union Street Manchester, NH 03104
Four-unit quadplex with a 1/2/2/3-bedroom mix, vinyl siding, newer roof, and rear alley access for parking.
- Added:
- Jun 30, 2026
- Days on Market:
- 12
- Last Refresh:
- Jul 1 at 6:21 am
Property Features for 806 Union Street
General Information
- Standard status
- Active
- Size
- 4,726 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing office Century 21 North East (978) 852-2242
Listing date Jun 30, 2026
Source Laerrealty
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Investment Insights
Based on property information with market context.
The property is located in Manchester’s North End, with access to downtown and nearby schools, hospitals, shopping, restaurants, and major commuter routes. A notice of a group showing is listed for June 30 (Tuesday) at 4:30 PM, with agents required to attend unless other arrangements have been made.
While the building has deferred maintenance, including porch repairs and future heating system improvements, it also presents a straightforward multi-unit structure for investors or owner-occupants. The current owner is intentionally not renting the 1-bedroom unit to provide an owner-occupant option. The property is described as generating approximately $71,400 in annual rental income.
Key Highlights
- 4‑unit multi‑family property with 4,726 SF total living space and a 1/2/2/3‑bedroom unit mix
- Approximately $71,400 in annual rental income; 1‑bedroom unit is scheduled to be vacant as of July 1
- Exterior includes vinyl siding and a newer architectural shingle roof with portions of slate roofing
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 | $96.4k | $20.40 |
| − Vacancy | −$5.3k | −$1.12 |
| EGI | $91.1k | $19.28 |
| − OpEx | −$27.3k | −$5.78 |
| NOI | $63.8k | $13.49 |