Sold: Sep 21, 2026
Address
575 Summer Street, Manchester, NH
Price
$ 800,000
Property Attributes
- MLS#5093367
- TypeMulti-Family
- Listing Status Sold
- CountyHILLSBOROUGH
- CityManchester
- AreaHillsborough
- Zip03103
- StyleMulti-Family
- Year Built1920
- Price$ 800,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4320
- Lot Size0.12 Acres
Data Source:
PrimeMLS
Property Description
Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesdays 6 at 6pm, Thursdays at 12pm and Saturdays at 1pm by APPOINTMENT ONLY!
| Price History |
|---|
General Features
| Cooling | None |
|---|---|
| Unit 3 Level Number | 3 |
| Electric Company | eversource |
| Style | Multi-Family |
| DOM | 49 |
| Tax Year | 2024 |
| Price Per Sq Ft Total AG | 185.19 |
| Covenants | Unknown |
| Seasonal | No |
| Unit 4 Level Number | 1 |
| Total Heat Units | 5 |
| Roof | Flat,Other |
| School District | Manchester School District |
| Year Built | 1920 |
| Property Class | Multi-Family |
| Close Price | 800000 |
| Utilities | Other |
| Stories Count | 3 |
| Sewer | Public |
| Electric | Circuit Breaker(s) |
| City | Manchester |
| Unit 2 Level Number | 2 |
| Construction Materials | Wood Frame |
| Property Condition | Existing |
| Unit 1 Level Number | 1 |
| Zoning | Residential Multi Family |
| Heating | Natural Gas |
| Garage | No |
| Flood Zone | No |
| Road Frontage | TBD |
| Last Updated | 09/21/2026 13:34:24 |
Interior Features
| Basement Access Type | Interior |
|---|---|
| Unit 3 Bedrooms | 2 |
| Unit 3 Rooms | 5 |
| Unit 1 Lease Term | Month to Month |
| Unit 1 Rooms | 3 |
| Unit 4 Bedrooms | 1 |
| Basement Description | Unfinished |
| Total Number of Units | 4 |
| Total Water Heaters | 4 |
| Unit 2 Lease Term | Month to Month |
| Total Ranges | 4 |
| Basement | Yes |
| Unit 3 Status | Month to Month |
| Unit 1 Bedrooms | 1 |
| Unit 2 Bedrooms | 3 |
| Unit 4 Status | Leased |
| Unit 2 Rooms | 5 |
| Total Full Baths | 4 |
| Total 3+ BR Units | 2 |
| Unit 3 Lease Term | Month to Month |
| Unit 4 Lease Term | Annual |
| Internet | High Speed Intrnt Avail |
| Total 1 BR Units | 2 |
| Unit 1 Status | Month to Month |
| Total Finished Area | 4320 |
| Total Refrigerators | 4 |
| Unit 2 Status | Month to Month |
| Flooring | Hardwood,Other |
| Unit 4 Rooms | 3 |
Exterior Features
| Total Electric Meters | 5 |
|---|---|
| Lot Features | City Lot |
| Unit 1 Style | garden |
| Driveway | Paved |
| Road Frontage Type | Public |
| Lot Size Square Feet | 5227 |
| Unit 2 Style | garden |
| Lot Size Area | 0.12 |
| Surveyed | Unknown |
| Lot | 1 |
| Total Gas Meters | 4 |
| Water Source | Public |
| Foundation | Other |
| Unit 4 Style | garden |
| Color | Yellow |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 03103
Statistics provided by Inside Real Estate
Price
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on
this Site 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 September 22, 2026 2:55 AM UTC
