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Property profile & analytics
OFF-MARKET
Investment properties
26 Massabesic St, Manchester, NH 03103-4214
Individually Owned
1-yr Hold
Property ID
US58-0218290
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
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Craig R St Pierre Ret · 1 yrs held
Craig R St Pierre Ret
since 2025
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,729
Tax year 2023
Assessed value
$197,700
Assessed 2023
Previous assessed
$197,700
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$52,500
Assessed improvement
$145,200
Applied tax rate
45,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1897
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
5
Total area
1,958 SF
Lot
0.04 ac (1,604 SF)
APN
MNCH M:0131 B:000 L:0054
UPID
US58-0218290
Jurisdiction
MANCHESTER CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1897
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
5
Lot
0.04 ac
Current owner
From public records · entity-resolved
Craig R St Pierre Ret
Individual
Mailing address
PO BOX 396, CHESTER, NH 03036-0396
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
—
Craig R St Pierre Ret
—
Deed
related
$540,000 · Granite State Cu
Mar 14, 2025
—
Craig R St Pierre Ret
—
Deed
related
$292,000 · Granite State Cu
Jan 9, 2025
$320,000
Craig R St Pierre Ret
Brickleaf Properties LLC
Warranty Deed
—
Dec 10, 2024
—
Brickleaf Properties LLC
—
Deed
related
$250,000 · Token Lending LLC
May 4, 2022
—
Brickleaf Pro LLC
—
Deed
related
$2,190,000 · Eastern Bank
May 26, 2021
$350,000
Brickleaf Properties LLC
Oakleaf LLC
Warranty Deed
$397,500 · Stromfield Cap Fund
Jun 6, 2017
$340,000
Oakleaf LLC
Skilogianis,catherine
Warranty Deed
related
$272,000 · Hanscom FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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