Active

Listed by: Galactic Realty Group LLC • Matthew G Brown

$1,325,000

514 Hanover Street, Manchester, NH 03104

10beds

8baths

6,289sqft

$9,822/mo

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Multi Family

Built in 1910

-- sqft lot

$-- Zestimate^®

$211/sqft

$-- HOA

What's special

Turn-key 5-unit multifamily investment opportunity located atop Manchester’s prestigious “Hanover Hill.” This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.

70 days
215
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 8

Heating

Natural Gas, Baseboard

Cooling

Mini Split

Features

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

Interior area

Total structure area: 8,905
Total interior livable area: 6,289 sqft
Finished area above ground: 6,289
Finished area below ground: 0

Property

Parking

Parking features: Paved

Features

Levels: 3

Lot

Size: 0.39 Acres
Features: Landscaped

Details

Parcel number: MNCHM0063B000L0009
Zoning description: MX-1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Exterior
Foundation: Granite
Roof: Shingle

Condition

New construction: No
Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Gas On-Site

Community & HOA

Location

Region: Manchester

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $549,100
Annual tax amount: $10,751
Date on market: 7/23/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,319/mo

Price history

Date	Event	Price
7/23/2026	Listed for sale	$1,325,000+63.6%$211/sqft
Source: PrimeMLS #5101368 Report a problem
11/18/2022	Sold	$810,000-3.6%$129/sqft
Source: PrimeMLS #4928441 Report a problem
10/20/2022	Contingent	$840,000$134/sqft
Source: PrimeMLS #4928441 Report a problem
10/10/2022	Price change	$840,000-2.9%$134/sqft
Source: PrimeMLS #4928441 Report a problem
9/28/2022	Price change	$865,000-2.8%$138/sqft
Source: PrimeMLS #4928441 Report a problem
9/6/2022	Listed for sale	$890,000+109.4%$142/sqft
Source: PrimeMLS #4928441 Report a problem
9/29/2020	Sold	$425,000+14.9%$68/sqft
Source: Public Record Report a problem
3/13/2015	Sold	$370,000+117.6%$59/sqft
Source: Public Record Report a problem
7/31/1998	Sold	$170,000+25.9%$27/sqft
Source: Public Record Report a problem
5/1/1997	Sold	$135,000$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$10,751 +3.8%	$549,100
2023	$10,356 +3.4%	$549,100
2022	$10,016 +3.2%	$549,100
2021	$9,708 +13.5%	$549,100 +58.3%
2020	$8,552 +1.4%	$346,800
2019	$8,434 +2.7%	$346,800
2018	$8,212 +1.5%	$346,800
2017	$8,087 +0.8%	$346,800
2016	$8,025 +4.9%	$346,800 +6.2%
2015	$7,653 +6.8%	$326,500 +7.1%
2014	$7,165 +5.9%	$304,900
2012	$6,763	$304,900
2011	--	$304,900 -30.5%
2010	--	$438,600
2009	$4,022 +13.3%	$438,600
2005	$3,550 +9.1%	--
2004	$3,254 +2.8%	--
2003	$3,165 +7.8%	--
2002	$2,936 +42.3%	--
2001	$2,063	$134,500