383 Concord Street, Manchester, NH 03104
Local realty services provided by:ERA Key Realty Services
383 Concord Street,Manchester, NH 03104
$675,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: moe archambault, brett rickenbach
Office: moe marketing realty group
MLS#:5067696
Source:PrimeMLS
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Price summary
- Price:$675,000
About this home
This spacious and solid three-family home is professionally managed and fully rented, producing $65,000 a year. All three units were fully renovated in 2021, featuring new kitchens, updated appliances, modern flooring, fresh paint, and more. Each unit includes its own washer and dryer. Recent upgrades include new Rinnai heaters in Units 1 and 2, a complete electrical upgrade and new subpanel in Unit 2, and a new roof installed in 2024. Tenants are responsible for their own gas and electric utilities, keeping operating costs low. Additional highlights include private decks for Units 1 and 2 and parking for three cars. An attached vacant fourth, one bedroom unit, at the rear of the property presents an opportunity for additional rental income. Currently zoned R-2, this lot will soon fall under the new MX-1 (Mixed Use Neighborhood) zoning district. When approved in December, the new zoning will expand development options to include up to a 4-unit multifamily residence. With the creation of one additional parking space, this unit could be made rentable, enhancing the property’s cash flow. This is a turnkey, income-producing investment property offering strong cash flow and minimal maintenance needs. Agent interest.
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Home facts
- Year built:1890
- Listing ID #:5067696
- Added:46 day(s) ago
- Updated:December 17, 2025 at 07:22 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Direct Vent
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1890
Schools
- High school:Manchester Central High Sch
- Middle school:Hillside Middle School
- Elementary school:McDonough School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$675,000
- Tax amount:$7,996 (2024)
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