$699,000
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313 Amher Street Manchester, NH 03104
Multi-Family
Residence
Beds
3
Baths
4,100
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Opportunity is knocking! This large 3-unit multifamily property is fully occupied and ready for its next investor. Located in a highly desirable rental area known for its walkability and easy access to major routes, this property offers substantial rental income and long-term potential. The first-fl...oor unit features approximately 1,548 SF with 4 bedrooms and 1 bath, occupied by a long-term tenant on a month-to-month tenancy paying $2,350/month, excluding utilities. The second-floor unit, recently renovated, also spans 1,548 SF and offers 3 bedrooms and 1 bath. It is leased through September 2026 at $2,200/month, excluding utilities. The third-floor unit includes 1,004 SF of living space with 3 bedrooms and 1 bath, occupied by a month-to-month tenant paying $2,150/month, excluding utilities. Current owners have completed numerous updates throughout the building. The first and third floors, while well-maintained, offer potential for cosmetic improvements upon tenant turnover. With a 7.5% cap rate, this property presents an exceptional investment opportunity in a high-demand location surrounded by like-kind multifamily properties. Ample parking is available for tenants. Showings are by appointment only with a 48-hour notice required, as all units are currently occupied.
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MLS#
5067889
Property Type
Multi-Family
Bathrooms
3 Full
Year Built
1911
Square Feet
4,100
sq. ft
Price per Sq. Ft.
$170.49
Lot Size
0.14
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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