377 Manchester Street Manchester, NH $ 499,000
377 Manchester Street
$ 499,000
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377 Manchester Street

Manchester, NH, 03103
$ 499,000
Baths0.0 Sq 2,257

Monthly Estimate*

$ 3,072

Listed by Nick Gray, Gray Property Group, LLC, 603-637-4812, ngray@graypropertygroup.com
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Studio

Multi-Family Home for sale in Manchester, NH

for $499,000. This 2,257 square foot home was built in 1890 on a lot size of 0.07.

Well-maintained 3-unit multifamily property located on the East Side of Manchester, offering three 1-bedroom units with functional layouts. The interiors 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 property offers off-street parking for 3 vehicles, along with additional street parking. Current rents are ~$1,325 per unit per month, generating ~$48K/year in gross income and an estimated ~$30K in net operating income. This property is also available as part of a 9-unit package opportunity with two adjacent multifamily properties at 379 and 383 Manchester Street (3 units each, and 9-10 off-street parking spaces in a contiguous lot), offering investors the ability to scale efficiently within a single location. Whether purchased individually or as part of the package, this property represents a stable investment with in-place income and ease of management.

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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building

Lot Size

0.07

Year Built

1890

Town/City

Manchester

County/Region

Hillsborough

MLS | Web ID

5082071

Features
Interior
Basement Description Concrete Floor Unfinished
Basement Yes
Flooring Carpet Vinyl Plank
Total Number of Units 3
Total Full Baths 3
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General
Road Frontage Yes
Sewer Public
Heating Forced Air Hot Air
Cooling None
Utilities Cable Gas at Street
Roof Tar and Gravel
Garage No
current use No
Flood Zone No
Zoning MX-2
Year Built 1890
Electric 100 Amp Service
Style Apartment Building
Stories Count 2
Construction Status Existing
Block 0
Net Income 30421
Auction No
Tax Year 2025
Gross Income 46494
Status Detail 0
Covenants No
Construction Materials Vinyl Siding
City Manchester
Seasonal No
DOM 15
Price Per Sq Ft Total AG 221.09
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Exterior
Lot Features City Lot
Exterior Amenities Enclosed Porch
Driveway Paved
Water View No
Lot Size Area 0.07
Water Source Public
Parking Features Off Street
Foundation Fieldstone
Lot 49
Waterfront Property No
Water Body Access No
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* Excluded Features
List By
Nick Gray

Listing Agent

Gray Property Group, Llc

Broker

(603) 637-4812

Phone

ngray@graypropertygroup.com

Email

Affordability Calculator

$3,072
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$499,000 Listed Price

Map


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377 Manchester Street, Manchester, NH, 03103 is a Multi-Family Home for sale at $499,000 with 2,257 sqft and a lot size of 0.07. 377 Manchester Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 03103 which is in Manchester, NH