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.
Active
Listed by: Galactic Realty Group LLC • Matthew G Brown
$1,325,000
514 Hanover Street, Manchester, NH 03104
10beds
8baths
6,289sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$211/sqft
$-- HOA
What's special
- 24 days |
- 443 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Matthew G Brown,
Galactic Realty Group LLC 603-637-4818
Source: PrimeMLS,MLS#: 5101368
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
$2,069/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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hanover Hill
Nearby schools
GreatSchools rating
- 4/10Mcdonough SchoolGrades: PK-4Distance: 0.3 mi
- 4/10Hillside Middle SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Manchester Central High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: McDonough School
- Middle: Hillside Middle School
- High: Central High School
- District: Manchester Sch Dst SAU #37
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,9252 bd2 ba-- sqft514 Hanover St APT 2, Manchester, NH 03104For Rent
- $--2 bd1 ba-- sqft514 Hanover St #5, Manchester, NH 03104Off Market
- $--1 bd1 ba700 sqft514 Hanover St #4, Manchester, NH 03104Off Market
- $--4 bd3 ba2k sqft514 Hanover St APT 1, Manchester, NH 03104Off Market
- $--1 bd1 ba700 sqft514 Hanover St #3, Manchester, NH 03104Off Market
- $738,3005 bd-- ba4.1k sqft508 Hanover St, Manchester, NH 03104Off Market
- $576,1003 bd2 ba2.9k sqft522 Hanover St, Manchester, NH 03104Off Market
- $548,3004 bd1 ba2k sqft523 Beacon St, Manchester, NH 03104Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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