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Listed by Camden Steady of Elm Grove Realty

Listing Sold by Elm Grove Realty
This investment property is a turnkey, 3-unit building near downtown Manchester. It's comprised of 3, 3-bedroom apartments and 1, 3-car garage. The second-floor unit is vacant for the option of owner occupancy. With an average monthly rent of $1,693 per unit (at full capacity), this property has a stable tenant base and is a solid investment. This property has seen a large number of capital improvements and cost saving measures including unit renovations, replacement of the garage roof, full weatherization by Southern NH Services, newer boiler, and replacement windows. With a potential gross income of $60,960 and low operating costs, this is sure to turn a profit for any investor. One of the owning entities is a licensed real estate agent. GROUP TOURS BY APPOINTMENT: 5/24 @3PM (full), 5/25 @10AM (full), 5/25 @5PM (full) TOURS FOR VACANT UNIT BY APPOINTMENT (self-tours available) ACCEPTING OFFERS UNTIL 7PM FRIDAY (5/26)

More Info

Tax Information

  • Tax Year2022

Building

  • Year Built1910
  • Building ConstructionFiberglss Blwn Insulation, Wood Frame, Asbestos Exterior
  • StyleApartment Building, Multi-Family, Multi-Level, Tri-Level
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms6
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms6
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location3
  • Unit 3 Total Rooms6
  • # of 3+ Bedrooms3
  • Bathroom3
  • Total Baths3
  • Basement
    • Basement Stairs
    • Bulkhead
    • Concrete Floor
    • Exterior Access
    • Full
    • Interior Access
    • Interior Stairs
    • Unfinished
  • FoundationGranite

Basic Information

  • StatusSLD
  • List Price$529,000
  • Date Price Change05/22/2023
  • MLS Number4953692
  • MLS StatusClosed
  • Sale Date06/23/2023

Property

  • Acreage0.13
  • GarageYes
  • Parking Spaces3
  • Lot DescriptionCity Lot, Curbing
  • Lot35
  • Square Feet3,312
  • APX Fin AG Sqft3,312
  • Road Frontage49
  • RoadsPaved, Public
  • AreaNH-Hillsborough

Amenities

  • PricePerSqFt184.18

Other

  • Taxes$6,812.64
  • Seasonal Y/NNo
  • Operating Expenses8800
  • Date Listed05/22/2023
  • Unit 1 Deposit$1,580
  • Unit 3 Rent Amount$1,750
  • View Count2

Location

  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • ZoningR-2
  • Elementary SchoolHenry Wilson School
  • Junior HighHillside Middle School
  • High SchoolCentral High School
  • Address470 Spruce Street
  • Flood Zone Y/NUnknown

Exterior

  • RoofFlat, Membrane, Rolled
  • Exterior ColorWhite

Utilities

  • Heat SystemNatural Gas, Steam
  • WaterIncluded, Public
  • Water HeaterNatural Gas Water Heater
  • Electric100 Amp Service, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable Available

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 25, 2026 12:23 PM EDT

 

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