Great opportunity to own a large, clean, fully renovated four-unit building near Manchester's Hanover Hill neighborhood. This turnkey investment has been thoughtfully updated by the current owner with quality upgrades and modern finishes, making it ideal for both seasoned investors and owner-occupants. The building had a complete roof replacement and new asphalt paving laid in 2019, followed by new blown-in insulation installed throughout, two new forced air furnaces with new ducting, and four Rinnai on-demand water heaters installed in 2021, greatly increasing the building's energy efficiency and comfort. The two first-floor units are generously sized two-bedroom/one-bathroom apartments while the upper two floors are massive four-bedroom townhouse-style apartments. Every unit includes updated kitchens with newer appliances and clean white cabinetry, renovated bathrooms with modern fixtures, and washer and dryer hookups for added convenience. The interiors feature vinyl plank flooring, neutral tones, and bright, sun-filled living spaces. All units are separately metered, and tenants are responsible for their own utilities, offering strong cash flow potential and lower operating costs. All electrical panels have been recently upgraded too. With plenty of off-street parking, large clean units, and no major capital expenditures on the horizon, this property is ready to generate income from day one.
Active
Listed by: Downtown Realty
$925,000
412 Manchester Street, Manchester, NH 03103
12beds
4baths
4,000sqft
Multi Family
Built in 1915
-- sqft lot
$887,700 Zestimate®
$231/sqft
$-- HOA
What's special
Plenty of off-street parkingWasher and dryer hookupsLarge clean unitsNeutral tonesMassive four-bedroom townhouse-style apartmentsComplete roof replacementNew asphalt paving
- 54 days |
- 276 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Lefebvre,
Downtown Realty 603-554-2309
Source: PrimeMLS,MLS#: 5086869
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Natural Gas, Direct Vent, Forced Air
Cooling
- None
Features
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 5,600
- Total interior livable area: 4,000 sqft
- Finished area above ground: 4,000
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Off Street
Features
- Levels: 3
Lot
- Size: 6,534 Square Feet
- Features: City Lot, Near Shopping, Near Hospital, Near School(s)
Details
- Parcel number: MNCHM0343B000L0012
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Fieldstone, Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $430,300
- Annual tax amount: $8,425
- Date on market: 5/4/2026
- Road surface type: Paved
Estimated market value
$887,700
$843,000 - $932,000
$2,260/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $925,000+164.5%$231/sqft |
Source: | ||
| 2/5/2019 | Sold | $349,700+249.7%$87/sqft |
Source: | ||
| 6/22/2011 | Sold | $100,000+5.4%$25/sqft |
Source: Public Record Report a problem | ||
| 12/23/1999 | Sold | $94,900$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,425 +3.8% | $430,300 |
| 2023 | $8,115 +3.4% | $430,300 |
| 2022 | $7,849 +3.2% | $430,300 |
| 2021 | $7,608 +25.8% | $430,300 +75.4% |
| 2020 | $6,049 +1.4% | $245,300 |
| 2019 | $5,966 +2.7% | $245,300 |
| 2018 | $5,809 +1.6% | $245,300 |
| 2017 | $5,720 +0.8% | $245,300 |
| 2016 | $5,676 +2.5% | $245,300 +3.9% |
| 2015 | $5,537 -0.3% | $236,200 |
| 2014 | $5,551 +6% | $236,200 |
| 2012 | $5,239 +229.2% | $236,200 |
| 2005 | $1,591 +9.1% | -- |
| 2004 | $1,459 +2.8% | -- |
| 2003 | $1,419 +7.8% | -- |
| 2002 | $1,316 +8.3% | -- |
| 2001 | $1,215 | $79,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Kalivas Union
Nearby schools
GreatSchools rating
- 4/10Mcdonough SchoolGrades: PK-4Distance: 0.5 mi
- 4/10Hillside Middle SchoolGrades: 5-8Distance: 0.6 mi
- 3/10Manchester Central High SchoolGrades: 9-12Distance: 0.4 mi
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A local lender can help you make sure your offer is ready when you are.
- New Hampshire
- Hillsborough County
- Manchester
- 03103
- Kalivas Union
- 412 Manchester Street






