$699,900

383 Concord Street, Manchester, NH 03104

3 baths

Multi-Family Home
Built in 1890
6,534sqft lot
—— car garage
$——/sqft
Listed 8 days ago

Property Description

This listing courtesy of Moe Archambault, Moe Marketing Realty Group

**Group showings only; Thursday 4-5 PM and Saturday 1-2 PM** 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.

Listing Status:: Pending
Date Added:: October 29, 2025 at 05:00AM
Listing Office:: Moe Marketing Realty Group : 603-644-2227
Listing Agent:: Moe Archambault : 603-644-2227
MLS ID:: 5067696

Basement: Concrete FloorDirt FloorFull
Flooring: CarpetCeramic TileHardwoodVinylVinyl Plank
A/C: None
Heating: Direct Vent

Style: Multi-FamilyNew Englander
Parking: Parking Spaces 3

Roofing: Asphalt Shingle
General: Wood FrameGranite

Road/Access: PavedPublic
School District: Manchester School District
County: Hillsborou

Driveway: Paved
Zoning: R2; soon to be MX-1
Current Use: None

Utilities: CableGas On-SiteUnderground Gas
Water: Public
Sewer: Public

This listing courtesy of Moe Archambault, Moe Marketing Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McDonough School

550 Lowell St, Manchester, NH, 03104

Grades KG-5

0.36 miles away

Hillside Middle School

112 Reservoir Ave, Manchester, NH, 03104

Grades 6-8

0.44 miles away

Manchester Central High School

535 Beech St, Manchester, NH, 03104

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.