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  • Listed by: 

    Brandon Gove,

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

    Bought with: EXP Realty
    $733,000

    59-61 Nashua Street, Manchester, NH 03104

    6beds
    3,254sqft
    Multi Family
    Built in 1820
    -- sqft lot
    $763,900 Zestimate®
    $225/sqft
    $2,945 Estimated rent

    Owner options

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    $2,945/mo

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    $2,945/mo

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    $4,794/mo

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    $4,794/mo

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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: 8 hours ago

    Listing updated: October 18, 2024 at 02:55pm

    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 Public Transit, 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 & neighborhood

    Location
    • Region: Manchester

    Other

    Other facts
    • Road surface type: Paved
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $763,900
    2% more+$15,278
    With Zillow Showcase(estimated)$779,178