383 Manchester Street, Manchester, NH 03103
Local realty services provided by:ERA Key Realty Services
383 Manchester Street,Manchester, NH 03103
$650,000
- 6 Beds
- 3 Baths
- 2,580 sq. ft.
- Multi-family
- Active
Listed by: nick gray, matthew dennehy
Office: gray property group, llc.603-637-4812
MLS#:5082086
Source:PrimeMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$251.94
About this home
Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 2-bedroom units with functional layouts and in-unit washer/dryer hookups. The interiors are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The property offers off-street parking for 3 vehicles via an easement with the adjacent 379 Manchester Street, along with additional street parking. Current rents are ~$1,750 per unit per month, generating ~$63K/year in gross income and an estimated ~$42K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 377 and 379 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management....
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Home facts
- Year built:1898
- Listing ID #:5082086
- Added:49 day(s) ago
- Updated:May 23, 2026 at 10:25 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Concrete Floor, Walk-up
- Living area:2,580 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1898
- Building area:2,580 sq. ft.
- Lot area:0.07 Acres
- Levels:2.5 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$251.94
- Tax amount:$5,878 (2025)
Parking
- Parking description:Paved Driveway
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