43 S Elm Street Manchester, NH
$550,000
Beds 9
Baths 3
Square Footage 4,386
Acres 0.16
Description
Welcome to 43 S Elm St in Manchester! This spacious three family property offers an excellent opportunity for an owner occupant or investor looking to add value in a convenient Manchester location. With approximately 4,386 square feet, the property features three 3 bedroom, 1 bath units, six parking spaces, and a full basement providing valuable storage. The first floor is currently vacant, offering flexibility for an owner occupant or an opportunity to prepare the unit for a new tenant. The second and third floor units provide additional rental potential, making this an appealing opportunity for those looking to enter or expand their multifamily portfolio. The three bedroom layouts offer desirable flexibility, while six parking spaces provide a valuable amenity in an urban setting. The property needs some updating, however it provides an opportunity to make improvements and add value over time. A brand new roof is already installed, giving the next owner peace of mind. Located near Downtown Manchester, this property offers convenient access to restaurants, shopping, entertainment, employment centers, major commuter routes, SNHU Arena, the Palace Theatre, and the many amenities Manchester has to offer. The location provides an excellent combination of urban convenience and accessibility throughout Southern New Hampshire. Whether you're looking for an opportunity to occupy one unit while generating rental income from the others or seeking a three unit property to add to your investment portfolio, 43 S Elm St offers space, parking, income potential, and the opportunity to bring your vision to life.
Listed by Harmony R.E. Inc., Virginia Kazlouskas Gregory 603-883-8840
Details
MLS 5104700
Price $550,000
Status Pending
DOM 23 days
Type Multi-Family
Style Apartment Building, Multi-Family
Beds 9
Baths 3 full baths
Square Feet 4,386 sqft
Lot Size 0.16 acres
Year Built 1940
Taxes Paid $9,041
Lot & Building Features
Utilities Telephone Available, Cable Available
Construction Vinyl Siding
Cooling None
Heating Steam, Oil
Parking Description Paved, Driveway
Sewer Public
Tax Year 2025
Taxes Paid $9,041
Water Public
Basement Description Basement Stairs, Storage Space, Unfinished, Concrete Floor, Full
Foundation Concrete
Lot Description City Lot, Level
Roof Asphalt Shingle
Garage No
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Electric Range, Refrigerator
Unit 1 Lease Term Other
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rooms 6
Unit 1 Status Vacant
Unit 1 Style Apartment
Unit 1 Total Area 1462
Unit 2 Bedrooms 3
Unit 2 Info Electric Range, Refrigerator
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rental Amount 1900.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 6
Unit 2 Status Leased
Unit 2 Style Apartment
Unit 2 Tenant Pays All Utilities
Unit 2 Total Area 1462
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Info Electric Range, Refrigerator
Unit 3 Lease Term Owner Occupied
Unit 3 Level Number 3
Unit 3 Rental Agreement No
Unit 3 Rooms 6
Unit 3 Status Owner Occupied
Unit 3 Style Apartment
Unit 3 Tenant Pays All Utilities
Unit 3 Total Area 1462
Schools
Elementary School Bakersville School
Junior High School Southside Middle School
Senior High School Manchester Memorial High Sch
Multi-Family Home for Sale: 43 S Elm Street, Manchester, NH 03103
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

