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Property profile & analytics
FOR SALE
Multifamily properties

217 Spruce St Manchester, NH 03103

Built 1900
Property ID
US58-0672605
Property summary
AI-generated overview

Fantastic multi-family opportunity for investors and owner-occupants alike! Each unit features 3 bedrooms and 1 full bathroom with spacious rooms and functional layouts. The property also includes 8 off-street parking spaces, providing ample parking for residents and visitors. All units are currently rented, offering immediate income potential for the next owner. Separate utilities provide added convenience and can simplify property management and maintenance. The flexible configuration allows an owner to occupy one unit while generating rental income from the others, or operate the property as a fully leased investment. Separate living spaces, functional layouts, and generous parking make this a solid addition to an investment portfolio. Conveniently situated near shopping, restaurants, schools, public transportation, and major commuter routes, the property offers easy access to everyday amenities. Whether you're seeking rental income, owner-occupancy with supplemental income, or a long-term investment, this property presents a fantastic opportunity. bikeScore: 62, Bikeable walkScore: 83, Very Walkable

Property profile
Verified
Property type Multifamily properties
Year built 1900
UPID US58-0672605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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