Well-maintained 9-unit multifamily portfolio located on the East Side of Manchester, consisting of three adjacent 3-unit buildings at 377, 379, and 383 Manchester Street. The portfolio includes six 1-bedroom units and three 2-bedroom units, all with functional layouts. Interiors across the units are serviceable and easy to maintain, suited for consistent tenant demand. Each unit is separately metered, with tenants responsible for natural gas (heat) and electricity (hot water, lights, and plugs), helping to keep operating expenses low, while the landlord covers water and sewer. The properties feature approximately 9–10 off-street parking spaces across a contiguous lot, along with additional street parking. 383 Manchester Street benefits from parking via an easement with the adjacent 379 Manchester Street. Current rents are approximately $1,325-$1,475/month for the 1-bedroom units and ~$1,750/month for the 2-bedroom units, generating a combined ~$163K/year in gross income and an estimated ~$105K in net operating income. This portfolio offers investors the ability to acquire scale within a single location, with operational efficiencies, strong in-place income, and long-term upside through rent growth and continued management improvements.
Lot & Building Features
UtilitiesCable
ConstructionTimber Frame, Vinyl Siding
CoolingNone
HeatingHot Air, Forced Air
SewerPublic
Tax Year2025
Taxes Paid$17,635
WaterPublic
Basement DescriptionUnfinished, Concrete Floor
FoundationFieldstone
Lot DescriptionCity Lot
RoofAsphalt Shingle
GarageNo
Price History of 377-383 Manchester Street, Manchester, NH
Date
Name
Price
Difference
04/01/2026
Listing Price
$1,725,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Listed by Gray Property Group, LLC, Nick Gray & Matthew Dennehy 603-637-4812
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20%
1.0223188405797%
6.75%
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
377-383 Manchester Street (MLS #5082090) is a apartment building multi-family listing located in Manchester, NH.
This multi-family listing is 8,500 sqft and on a lot of 9,148 sqft (or 0.21 acres) and is 136 years old. This property was listed on 04/03/2026 and has been priced for sale at $1,725,000.
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: Gray Property Group, LLC
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 05/20/2026