Pegasus Realty Group

86 School Street, Manchester, NH 03102

$650,000
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New to the Market Active
BEDS9 BATHS3 full SQUARE FEET3,560 MLS#5092689
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLManchester Sch Dst SAU #37

Listing Courtesy of: Keller Williams Realty-Metropolitan
Agency Phone: 603-232-8282
Associate Name: Shawn Goodwin
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Property Description

Attention Investors & Owner-Occupants! The Ultimate Turn-Key 3-Family on Manchester's West Side! Welcome to 86 School Street, a massive multi-family property that checks every single box on a buyer's wishlist. Situated on a prime corner lot in a high-demand rental pocket, this property offers incredible scale, premium mechanics, and zero-headache operations.The first and second stories boast a highly desirable, spacious 1,400 sq.ft. 3-bedroom, 1-bathroom layout averaging an expansive footprint that crushes the local competition. Flooded with natural light, these apartments feature generous living areas, and the perfect layout for long-term, premium tenants. With the second floor vacant, you can live in one unit and "house hack" or rent it out at current market rate! Say goodbye to unpredictable winter heating bills! This building features completely separate, tenant-paid utilities. A natural gas high-efficiency heating systems, 2 tankless on-demand hot water heaters, and separate electric meters.The landlord's expenses are kept incredibly lean, maximizing your Net Operating Income (NOI) from day one. Set on a prominent corner lot, the property offers dedicated off-street parking?a massive premium on the West Side. Tenants will love the convenience of being minutes from Catholic Medical Center (CMC), downtown Manchester's vibrant dining scene, and immediate highway access for an easy commute. With all major mechanical updates already done for you, and COC in hand, 86 School Street is a rare, powerhouse asset to add to your portfolio. Open house on June 6th 10am-12pm. Followed by an Open House on June 7th 10-12pm. Don't miss this West Side gem!

86 School Street | MLS# 5092689

This multi-family property located at 86 School Street, Manchester, NH 03102 is currently listed for sale with an asking price of $650,000. School Street is located within the Manchester Sch Dst SAU #37 school district. Search Manchester real estate on pegasusrealtygroup.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Concrete, Concrete Floor, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Exterior Access, Basement Stairs
Basement: Yes
Cooling: None
Fenced: Yes
Heating: Natural Gas
Home Style: Multi-Family
Lot Size: 0.12 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $7,691
Year Built: 1900

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 3
Rent: $1600.00
Unit 2:
Bathroom(s): 1
Bedrooms: 3
Unit 3:
Bathroom(s): 1
Bedrooms: 3
Rent: $1900.00

Amenities

Deck
Partial Fence 
Porch

Feature Descriptions

Construction: Shingle Siding
Construction Status: Existing
Days on Site: 5
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Shingle Siding
Flood Zone: Unknown
Flooring: Hardwood, Laminate, Wood, Vinyl Plank
Foundation: Block
Foundation: Block
Lot: Corner, Level, Neighbor Business, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Neighborhood, Near Public Transportatn, Near Hospital, Near School(s)
Parking: Assigned, Driveway, Off Street, On Street, Parking Spaces 6+, Paved
Restrictions: No Smoking
Roads: Paved
Sewer: Public
Sq. Ft. Total Finished: 3560
Total Stories: 3
Units: 3
Water: Public
Zoning: MDL-01

Local Schools

School District: Manchester Sch Dst SAU #37

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty-Metropolitan
Agent Name: Shawn Goodwin
Agency Phone: 603-232-8282

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Shown By

Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 2,277.12 per month $1,446.62 Principal & Interest $640.92 Property Tax $189.58 Homeowner's Insurance

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