383 Concord St, Manchester, NH 03104

$675,000
3,739
SqFt

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Listing courtesy of Moe Archambault from Moe Marketing Realty Group. ()

Listing sold by from EXP Realty

Sold Price
$675,000
List Price
$699,900
Status
CLOSED
MLS#
5067696
Closing Date
Dec 15, 2025
Living Area
3,739
Lot Size
6,534
Acres
0.15
Year Built
1890

Property Description

This spacious and solid three-family home is professionally managed and fully rented, producing $65,000 a year. All three units were fully renovated in 2021, featuring new kitchens, updated appliances, modern flooring, fresh paint, and more. Each unit includes its own washer and dryer. Recent upgrades include new Rinnai heaters in Units 1 and 2, a complete electrical upgrade and new subpanel in Unit 2, and a new roof installed in 2024. Tenants are responsible for their own gas and electric utilities, keeping operating costs low. Additional highlights include private decks for Units 1 and 2 and parking for three cars. An attached vacant fourth, one bedroom unit, at the rear of the property presents an opportunity for additional rental income. Currently zoned R-2, this lot will soon fall under the new MX-1 (Mixed Use Neighborhood) zoning district. When approved in December, the new zoning will expand development options to include up to a 4-unit multifamily residence. With the creation of one additional parking space, this unit could be made rentable, enhancing the property’s cash flow. This is a turnkey, income-producing investment property offering strong cash flow and minimal maintenance needs. Agent interest.

Additional Information

Taxes
$7,996
Listing Agent
Moe Archambault
Listing Office
Moe Marketing Realty Group
Style
Multi-Family, New Englander
School District
Manchester School District
Elementary School
McDonough School
Middle School
Hillside Middle School
High School
Manchester Central High Sch
Electric
Service - 201 to 600 Amps
Utilities
Cable Available, Gas On-Site, Underground Gas
Basement
Concrete, Dirt Floor, Full
Foundation
Granite
Sewer
Public Sewer
Roof
Asphalt
Zoning
R2; soon to be MX-1
Water
Public

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