55 High St Manchester, NH 03104
This exceptional investment opportunity presents a well-maintained, nine-unit apartment building located at 55 High St, Manchester, NH 03104. The property, situated on a 0.11-acre lot (APN 7-14), boasts a total of 4,191 square feet and is currently 100% occupied. Built in 1920, this three-story building is zoned residential and features nine units, each approximately 465 square feet. The units are configured as a living room/bedroom combination with faux fireplaces, eat-in kitchens, and full baths. Hardwood floors and tile add to the charm. Recent renovations and repairs over the past decade include a new gas hot water furnace and water heater, exterior painting, and updated circuit breakers. Tenants are responsible for their own electricity and cable. Conveniently located across from Pulaski Park, this property offers easy access to public transportation and is just two blocks from downtown Manchester. Ample parking is available in the rear and side of the building, supplemented by on-street parking. The asking price is $1,250,000, representing a price per unit of $138,888.89. This property presents a strong return on investment and is an ideal addition to any real estate portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.