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Multi-Family for Sale: 201 Auburn Street, Manchester, NH 03103

9 beds
3 full baths
3,300 sqft
$565,000
$565,000
201 Auburn Street, Manchester, NH 03103
9 beds
3 full baths
3,300 sqft
$565,000
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Price:
$565,000

Type Multi-Family
Style Multi-Family
Beds 9
Total Baths 3 full baths
Square Feet 3,300 sqft
Lot Size 0.06 acres
Year Built 1900
Taxes Paid $6,742

City Manchester
County Hillsborough

MLS 5008298
Status Pending
DOM 7 days
Don’t miss this killer investment opportunity in the heart of downtown Manchester! This stabilized 3-family property boasts three spacious 3-bedroom, 1-bathroom units. With two units already rented and tenants covering their own heat, electric, and hot water, it's a super low-hassle investment for you. The property pulled in a solid gross income of $53,600 last year, with expenses at $10,122, giving you an estimated net income of $43,478 per year. Plus, there's still room to bump up rents to market rates, offering even more potential for growth. The third-floor unit is vacant and has been recently updated, making it the perfect house hack. Live in the freshly renovated unit and let the rental income from the other two units help pay your mortgage! This is another fantastic chance to get into the Manchester multi-family game at a great price. This property offers steady income, potential for rent increases, a prime downtown location, and significant value add potential. Schedule your showing today to get a look for yourself.

Lot & Building Features

Utilities Cable
Construction Wood Frame
Cooling None
Heat Source Electric, Gas - Natural
Heating Electric, Forced Air
Sewer Public
Tax Year 2023
Taxes Paid $6,742
Water Public
Basement Description Full
Foundation Granite
Lot Description City Lot
Roof Shingle - Asphalt
Garage Yes

Unit Features

Unit 1 Apx Sqft 1200
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Apx Sqft 1200
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Annual
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Apx Sqft 900
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Rental Agreement No
Unit 3 Status Vacant

Price History of 201 Auburn Street, Manchester, NH

Date Name Price Difference
08/05/2024 Listing Price $565,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$450,000
$137 / sqft
Average
$580,714
$175 / sqft
High
$695,000
$213 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Manchester 03103 9 3.0 $565,000 3,300 $171 N/A
14 Gates Street Manchester 03102 8 3.0 $530,000 3,429 $155 12/28/2023
270 Pearl Street Manchester 03104 9 3.0 $568,000 3,163 $180 09/25/2023
282 Cartier Street Manchester 03102 8 3.0 $590,000 3,327 $177 10/12/2023
308 Spruce Street Manchester 03103 9 3.0 $450,000 3,273 $137 10/31/2023
177 Beech Street Manchester 03103 9 3.0 $622,000 3,312 $188 05/29/2024
330 Spruce Street Manchester 03103 9 3.0 $610,000 3,500 $174 05/17/2024
77 Hecker Street Manchester 03102 8 3.0 $695,000 3,262 $213 07/12/2024

Map of 201 Auburn Street, Manchester, NH

Location Map Street View
Listed by REAL Broker NH, LLC, Breandan Garland
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201 Auburn Street (MLS #5008298) is a multi-family listing located in Manchester, NH. This multi-family listing is 3,300 sqft and on a lot of 2,614 sqft (or 0.06 acres) with 9 bedrooms, 3 baths and is 124 years old. This property was listed on 08/05/2024 and has been priced for sale at $565,000.

The 9 bedroom multi-family listing at 177 Beech Street in Manchester is nearby and sold for $622,000 on 05/29/2024. Another nearby 9 bedroom multi-family listing, 308 Spruce Street in Manchester sold for $450,000 on 10/31/2023.

Nearby zip codes are 03101, 03102, 03103 0000, 03104 and 03109. This property neighbors other cities such as Auburn, Bedford, Goffstown, Hooksett and Londonderry.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: REAL Broker NH, LLC

Copyright 2024 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 09/21/2024