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Listed by Rob Labrecque with BHHS Verani Londonderry [email protected]
8 Beds
5 Baths
3,210 sqft

$835,000

297 Central Street, Manchester NH, 03103

Price per sqft$260.12
Built in1910
Property size3,210 sqft
Property typeMulti-family

Overview

Active

Listed Oct 19, 2026

Updated 11h ago

The expensive work on this four-unit building is done. Since 2023 the owner has replaced the roof, installed a high-efficiency gas boiler, repaired the fieldstone foundation, updated the electric panels and swapped every horizontal sewer line for PVC. The next owner inherits a building with no major capital projects ahead. The unit mix is a 4 bed, 2 bath first-floor apartment, a 2 bed and two 1 beds. Unit 1 was just renovated, with new first-floor windows and direct access to a fenced yard. It is vacant now and being leased with a target rent of $2,400 a month, so a buyer can either step into a fresh lease or take the unit for themselves. Every unit has a dishwasher, two have in-unit laundry, and there is shared laundry in the basement. The boiler serves all four units, and the owner controls the thermostats digitally, which keeps heat and hot water costs predictable. Tenants pay their own electric. The site is where this property separates itself. There are 10 or more parking spaces along the side of the house, and the two spaces out front are rented to non-tenants for extra monthly income. The detached two-car garage has power, and tenants have no access to it. A new owner can keep it as private storage or a workshop, or rent it out as another income stream. Security cameras with no subscription fee are already in place. A rent roll and 2025 operating expenses are available on request.

$5,555/mo

Est. mortgage payment based on a $835,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5114905

Interior Features

Bedrooms
8
Bathrooms
5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

Taxes
$8,155
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Rob Labrecque with BHHS Verani Londonderry [email protected]

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