Multi-Family for Sale: 119 Hanover Street, Manchester, NH 03101

11,248 sqft
$2,975,000
$2,975,000
119 Hanover Street, Manchester, NH 03101
11,248 sqft
$2,975,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$2,975,000

Type Multi-Family
Style Apartment Building
Square Feet 11,248 sqft
Lot Size 0.14 acres
Year Built 1910
Taxes Paid $17,739

City Manchester
County Hillsborough

MLS 5037275
Status Active
DOM 22 days
119 Hanover Street presents a rare opportunity to own a fully occupied, mixed-use property in the heart of downtown Manchester, all for under $3 million! Positioned on the corner of Hanover and Chestnut Street—just steps from The Palace Theater, Hanover Street Chophouse, and major new multifamily developments—this location offers unmatched walkability and visibility. The two-story brick building features 11 fully leased apartments (a mix of studios and 1-bedrooms), 5 commercial storefronts, and a long-standing billboard lease. Every unit has undergone significant renovations in the past two years, including new electrical panels, updated plumbing, a new rubber roof, high-efficiency mini-splits, and a freshly painted exterior. Each residential unit is outfitted with high-end finishes such as granite countertops, stainless steel appliances, premium LVP flooring, and in-unit A/C. Residents also enjoy free high-speed Wi-Fi, a new laundry room, and 24/7 security coverage via high-resolution interior and exterior cameras. All five commercial spaces are leased on multi-year terms to a stable mix of retail and restaurant tenants. The on-site billboard—rented for nearly 30 years—offers additional upside with a tenant currently paying below-market rent on an at-will basis. Don’t miss this chance to acquire a fully renovated, income-producing building in one of New Hampshire’s strongest rental markets.

Lot & Building Features

Utilities Gas - On-Site, Other
Construction Brick Exterior, Steel Frame
Cooling Mini Split
Heating Electric, Steam, Natural Gas
Sewer Public
Tax Year 2024
Taxes Paid $17,739
Water Public
Basement Description Unfinished
Foundation Fieldstone
Lot Description City Lot, Corner
Roof Rolled
Garage No

Price History of 119 Hanover Street, Manchester, NH

Date Name Price Difference
04/22/2025 Listing Price $2,975,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 119 Hanover Street, Manchester, NH

Location Map Street View
Photo of Lori Bellemore
Direct: 603-494-6513
Office
195 McGregor Street, Suite 325
Manchester, NH 03102
603-824-5794
Listed by Downtown Realty, Matthew Lefebvre
$
20%
0.59627092436975%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

119 Hanover Street (MLS #5037275) is a apartment building multi-family listing located in Manchester, NH. This multi-family listing is 11,248 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 115 years old. This property was listed on 04/22/2025 and has been priced for sale at $2,975,000.

Nearby zip codes are 03102, 03103 4213, 03103, 03104 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Downtown Realty

Copyright 2025 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 05/14/2025