Multi-Family for Sale: 72 Prospect Street #557 Pine Street, Manchester, NH 03104 SOLD

15 beds
8 full baths
7,563 sqft
$1,600,000
$1,600,000
72 Prospect Street #557 Pine Street, Manchester, NH 03104 SOLD
15 beds
8 full baths
7,563 sqft
$1,600,000
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Selling Price: $1,600,000
Original List Price: $16,759,000
Sold at 9.5% of list price
Sold Date: 08/15/2025

Type Multi-Family
Style Multi-Family, Apartment Building
Beds 15
Baths 8 full baths
Square Feet 7,563 sqft
Lot Size 0.23 acres
Year Built 1910

City Manchester
County Hillsborough

MLS 5043156
Status Closed
DOM 14 days
This well-maintained 8-unit property is comprised of: two 3-bedroom, three 2-bedroom, and three 1-bedroom apartments. All units are separately metered, with tenants responsible for their own utilities. The property includes 10 off-street parking spaces and a laundry room with coin-operated washer and dryer. Significant upgrades include a lead abatement, with DHHS Lead Safe Certificates for each unit, and a new main water line installed in 2024. The large basement houses three boilers and nine hot water heaters. Heating is provided via a combination of natural gas and electric systems: six units are natural gas (three boilers, three Rinnai heaters), while two units are heated by electric mini-splits. Six units are in active leases and two are month-to-month. The property generates an annual NOI of approximately $132,000.

Lot & Building Features

Utilities Gas On-Site, Cable
Construction Aluminum Siding, Wood Frame
Cooling Mini Split, None
Heating Mini Split, Natural Gas, Heat Pump, Gas Heater, Electric, Hot Water, Baseboard
Sewer Public
Tax Year 2024
Water Public
Basement Description Exterior Access, Bulkhead, Concrete Floor, Concrete, Unfinished, Full
Foundation Granite, Brick, Stone
Lot Description City Lot
Roof Other, Slate, Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Gas Heat
Unit 1 Lease Term Annual
Unit 1 Level Number 72-1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2060.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Hot Water, Heat, Electric
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Gas Heat
Unit 2 Lease Term Annual
Unit 2 Level Number 72-2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2045.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Hot Water, Heat, Electric
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Gas Heat
Unit 3 Lease Term Annual
Unit 3 Level Number 557-1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1525.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Hot Water, Heat, Electric
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Info Gas Heat
Unit 4 Lease Term Annual
Unit 4 Level Number 557-2
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1550.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 4 Tenant Pays Hot Water, Heat, Electric
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Info Gas Heat
Unit 5 Lease Term Annual
Unit 5 Level Number 557-3
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 1465.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Leased
Unit 5 Tenant Pays Hot Water, Heat, Electric
Unit 6 Baths 1
Unit 6 Bedrooms 2
Unit 6 Lease Term Annual
Unit 6 Level Number 557-4
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 1765.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 6 Tenant Pays Hot Water, Heat, Electric
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Info Gas Heat
Unit 7 Lease Term Annual
Unit 7 Level Number 557-5
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 1550.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 7 Tenant Pays Hot Water, Heat, Electric
Unit 8 Baths 1
Unit 8 Bedrooms 2
Unit 8 Lease Term Annual
Unit 8 Level Number 557-6
Unit 8 Rental Agreement Yes
Unit 8 Rental Amount 1780.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Status Leased
Unit 8 Tenant Pays Hot Water, Heat, Electric

Price History of 72 Prospect Street, Manchester, NH

Date Name Price Difference
05/28/2025 Price Adjustment $1,600,000 90.45%
05/28/2025 Listing Price $16,759,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 72 Prospect 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 BHHS Verani Londonderry, Casey Purinton 603-397-8246
Sold by BHHS Verani Nashua, Tejinder Bhogal 603-888-4600
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Listing information courtesy of: Berkshire Hathaway HomeServices Verani Realty

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 01/15/2026