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  • Listed by: Coldwell Banker Realty - Portsmouth, NH • Brandon Gove
    Bought with: EXP Realty
    $733,000

    59-61 Nashua Street, Manchester, NH 03104

    6beds
    3,254sqft
    Multi Family
    Built in 1820
    -- sqft lot
    $793,700 Zestimate®
    $225/sqft
    $2,461 Estimated rent

    Home value

    $793,700

    $746,000 - $841,000

    $2,461/mo

    Zestimate® history
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    What's special

    Discover this exceptional 3-unit property located in the heart of Manchester, NH—one of the state’s most sought-after rental markets. This investment gem is perfectly situated within walking distance to schools for all grades, public transportation, and the vibrant downtown area filled with trendy restaurants and shops. Each unit boasts separate utilities, including efficient natural gas heating, ensuring ease of management and tenant convenience. The property sits on an oversized city lot, providing ample off-street parking—a rare find in this bustling area. The property features 7 garage bays and a large shed, offering potential for extra income or valuable storage space. The shed and 3 garage bays are currently rented and bringing in $745 in monthly income. The upstairs 3-bedroom unit spans over 1,500 sq ft, providing spacious living that’s highly desirable in this market for renters and owner occupants alike. All units are currently rented at below-market rates and tenants are on month-to-month leases, offering significant potential for increased income. The large, accessible basement provides even more storage opportunities for each unit. Whether you’re a seasoned investor or looking to start your real estate portfolio, this property presents a unique blend of location, amenities, and income potential that’s hard to match. Don’t miss out on this lucrative investment in Manchester’s thriving rental market! Showings begin at Open House on Saturday 8/17 from 11-1.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Gove,

    Coldwell Banker Realty - Portsmouth, NH Off:603-334-1900

    Bought with:

    Sara Lucas

    EXP Realty

    Source: PrimeMLS,MLS#: 5009814MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Hot Water, Monitor Type, Mini Split
    Cooling
    • Mini Split
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Bulkhead,Storage Space,Unfinished,Interior Access,Interior Entry
    Interior area
    • Total structure area: 5,382
    • Total interior livable area: 3,254 sqft
    • Finished area above ground: 3,254
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 7
    • Parking features: Paved, Driveway, Garage, Off Street, Parking Spaces 5 - 10
    • Garage spaces: 7
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Enclosed Porch
    • Exterior features: Storage
    • Frontage length: Road frontage: 220
    Lot
    • Size: 0.28 Acres
    • Features: City Lot, Corner Lot, Near Shopping, Near School(s)
    Details
    • Additional structures: Outbuilding
    • Zoning description: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Timber Frame, Vinyl Siding
    • Foundation: Concrete, Block w/ Skim Coating
    • Roof: Membrane,Shingle
    Condition
    • New construction: No
    • Year built: 1820

    Utilities & green energy

    • Electric: 100 Amp Service
    • Water: Public Water On-Site
    • Utilities for property: Cable at Site, Gas On-Site, Sewer Connected

    Community & HOA

    Location
    • Region: Manchester

    Financial & listing details

    • Price per square foot: $225/sqft
    • Annual tax amount: $8,270
    • Date on market: 8/15/2024
    • Exclusions: Tenant owns Washer & Dryer in Unit 59B, Tenant owns all Appliances in Unit 59A
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/18/2024Sold$733,000+2.5%$225/sqft
    Source: PrimeMLS #5009814 Report a problem
    8/15/2024Listed for sale$714,900+138.4%$220/sqft
    Source: PrimeMLS #5009814 Report a problem
    9/6/2019Sold$299,900$92/sqft
    Source: PrimeMLS #4763425 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Corey Square

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: McDonough School
    • Middle: Hillside Middle School
    • High: Manchester Central High Sch

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $793,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $793,700