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367 Amherst Street, Manchester, NH 03104

Beds
6
Baths
4
Sqft
6,362
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Realty-Metropolitan
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Overview

Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
4
Square feet
6,362
Lot size (acres)
0.19
Year built
1890

Interior features

Basement
Yes, Finished

Garage and parking

Garage parking spaces
2

Utilities

Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$6,539.72

Public schools

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Sourced from: PrimeMLS MLS®#: 5049386 Last checked:

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