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Listed by: NAI Norwood Group

Bought with: NAI Norwood Group

$655,000

39 Glendale Avenue, Manchester, NH 03103

6beds

8,232sqft

Multi Family

Built in 1920

-- sqft lot

$670,000 Zestimate^®

$80/sqft

$2,113 Estimated rent

Home value

$670,000

$616,000 - $730,000

$2,113/mo

Zestimate^® history

Owner options

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$2,113/mo

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$2,113/mo

Rent Zestimate^®

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$4,315/mo

Est. payment

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$4,315/mo

Est. payment

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What's special

Incredible opportunity for an investor to add to their portfolio with this spacious two-family building located in an excellent area in Manchester. The second-floor unit contains 3bd/1br, a bonus room and a private deck. The first-floor unit is a very large 3bd/1br and a large second family room. Tenants have plenty of storage options with space in the basement and garage. Current tenants have their own washers/dryers in the basement, which could be turned into coin-op machines to create extra income. Rents are currently well under market rate, with plenty of room to increase up to market rate. Buyers should take note that both units in the property are currently occupied with lease agreements in place. Additionally, the property is being sold as-is, and as a result Buyers may find it difficult to secure FHA/VA financing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas, Oil, Hot Water

Cooling

Other

Appliances

Included: Gas Water Heater, Oil Water Heater

Features

Basement: Concrete,Concrete Floor,Interior Stairs,Interior Access,Interior Entry

Interior area

Total structure area: 16,464
Total interior livable area: 8,232 sqft
Finished area above ground: 5,528
Finished area below ground: 2,704

Property

Parking

Total spaces: 2
Parking features: Shared Driveway, Concrete, Paved, Detached, Driveway, Garage, On Site, On Street, Other
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two

Lot

Size: 5,663 sqft
Features: City Lot, Level, Neighborhood

Details

Parcel number: MNCHM0124B000L0008
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Other Exterior
Foundation: Concrete
Roof: Other Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Electric: Other
Sewer: Public Sewer
Water: Public
Utilities for property: Other

Community & neighborhood

Location

Region: Manchester

Price history

Date	Event	Price
7/1/2025	Sold	$655,000+54.1%$80/sqft
Source: Public Record Report a problem
12/15/2023	Sold	$425,000-7.4%$52/sqft
Source: PrimeMLS #4968064 Report a problem
10/19/2023	Contingent	$459,000$56/sqft
Source: PrimeMLS #4968064 Report a problem
8/31/2023	Listed for sale	$459,000$56/sqft
Source: PrimeMLS #4968064 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,818 +3.8%	$348,200
2023	$6,567 +3.4%	$348,200
2022	$6,351 +3.2%	$348,200
2021	$6,156 +18.2%	$348,200 +64.9%
2020	$5,208 +1.4%	$211,200
2019	$5,136 +2.7%	$211,200
2018	$5,001 +1.5%	$211,200
2017	$4,925 +0.8%	$211,200
2016	$4,887 +8.2%	$211,200 +9.7%
2015	$4,515 -0.2%	$192,600
2014	$4,526 +5.9%	$192,600
2012	$4,272	$192,600