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Charlotte Gill

charlotte@obergagency.com +1(207) 256-0638

Listed By Nick Gray Gray Property Group, LLC

Est. payment | -/mo

2,257 SqFt

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Est. payment | -/mo

Save

2,257 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,257 sqft

MLS Listing ID 5082071

Style Apartment Building

Construction Status Existing

Year Built 1890

Annual Tax Amount $5,153

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. 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, along with additional street parking. Current rents are ~$1,325 per unit per month, generating ~$48K/year in gross income and an estimated ~$30K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 379 and 383 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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning MX-2

Rooms

Basement Concrete Floor, Unfinished

Interior

Heating Forced Air, Hot Air

Cooling None

Flooring Carpet, Vinyl Plank

Exterior

Parking Features No

Utilities Available Cable, Gas at Street

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Tar and Gravel

Building

Lot Description City Lot

Story 2

Sewer Public

Water Public

Architectural Style Apartment Building

Construction Status Existing

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 256-0638

charlotte@obergagency.com

132 Bridgton Rd, Bridgton, Maine 04009, USA

377 Manchester ST Manchester, NH 03103

Charlotte Gill

Key Details

Location

Rooms

Interior

Exterior

Building

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377 Manchester ST

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