Property profile

26 Massabesic St Manchester, NH 03103

OFF-MARKET
Investment properties
Property ID
US58-0218290
1,958 SF 0.04 ac lot Built 1897
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional mixed-use investment opportunity in Manchester, New Hampshire, presents a compelling chance to acquire a thriving multifamily property. Located at 26 Massabesic Street, this three-story building boasts a total of 2,893 square feet situated on a 0.11-acre lot. The property comprises four units: two two-bedroom, one-bathroom apartments and two retail spaces, offering a diverse income stream. Its strategic location across from Harriman Park and Lake Ave Foodmart, and within a mile of Elliot Hospital, ensures high tenant occupancy and strong commercial viability. Downtown Manchester's amenities are just a five-minute drive away. Each unit has separately metered utilities, enhancing efficiency and management. Heating and hot water systems vary across units, utilizing electricity, gas, or oil. This property offers a unique blend of residential stability and commercial potential, making it an ideal addition to any investment portfolio. The asking price is $399,000. This is a rare opportunity to own a well-situated, income-producing property in a thriving New Hampshire city. Don't miss out!

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1897
Construction FRAME
Total area 1,958 SF
Lot 0.04 ac (1,604 SF)
APN MNCH M:0131 B:000 L:0054
UPID US58-0218290

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26 Massabesic St Manchester, NH 03103-4214
Manchester metro Census 1600 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2025
Last sale
$320,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$320,000
2024
Price N/A
2022
Price N/A
2021
$350,000
2017
$340,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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