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.
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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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