Three-Story Brick Apartment
97 Bridge St Manchester, NH 03101
New
97 Bridge St, Manchester, NH, 03101
$2,200,000
For Sale
$2,200,000
Twelve-unit, brick multifamily building with on-site parking and a full basement across three stories.
Property Size10,506 SF
Price / SF$209.40
Days on Market3
Property Features for 97 Bridge St
General Information
- Standard status
- Active
- Size
- 10,506 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing Agency
Northeast Private Client Group, LLC
(413) 896-3060
Listed by
James Casey · License #134670
(413) 896-3060
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 2:55 am Checked: Jul 20 at 2:55 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northeast Private Client Group, LLC
Investment Insights
Based on property information with market context.
Bridge Street Apartments is a 12-unit, brick-constructed multifamily property originally built in 1900. The building offers approximately 10,506 square feet of living area across three stories, supported by a full basement. On-site parking is provided with seven spaces.
The property is located at 97 Bridge St in Manchester, New Hampshire, in an established rental corridor with a walkable location near downtown Manchester.
The building is available for scheduled tours by interested and qualified parties.
The property is located at 97 Bridge St in Manchester, New Hampshire, in an established rental corridor with a walkable location near downtown Manchester.
The building is available for scheduled tours by interested and qualified parties.
Key Highlights
- 12‑unit brick multifamily building at 97 Bridge St in Manchester, NH
- Built in 1900; masonry construction with a full basement
- Approximately 10,506 SF of living area across three stories
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 | $252.1k | $24.00 |
| − Vacancy | −$12.1k | −$1.15 |
| EGI | $240.0k | $22.85 |
| − OpEx | −$108.0k | −$10.28 |
| NOI | $132.0k | $12.57 |
10,506 SF · lease $24.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.89M
$1.65M – $2.20M
NOI $132,023 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.58M
$2.26M – $3.01M
NOI $180,598 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stellar Time Towing ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Twelve-unit, brick multifamily building with on-site parking and a full basement across three stories.
Where is this apartment building located?
The property is located at 97 Bridge St Manchester, NH.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 12‑unit brick multifamily building at 97 Bridge St in Manchester, NH; Built in 1900; masonry construction with a full basement; Approximately 10,506 SF of living area across three stories
