106 Schiller Street Manchester NH Multi Family For Sale $750000

List Price: $750,000 | $181 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Under Contract Date Listed Tuesday Jan 28, 2025 | MLS# 5027889

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Address: 106 Schiller Street Manchester NH
Listed by John Moscillo RE/MAX Synergy Cell: 603-858-3548
Description:
An exceptional investment opportunity awaits with this well-maintained, three-unit mixed-use building located on the bustling Second Street in Manchester, NH, a B2 zone . Owned by the same owner for 35 years, this property offers a blend of stability and potential. The first and second floors are occupied by long-term commercial tenants, providing steady income and ideal spaces for entrepreneurs or professionals seeking visibility and accessibility. The third floor features a spacious 2-bedroom, 2-bath residential rental unit, perfect for owner-occupancy or additional income. Positioned on a high-traffic street with significant exposure, 9+ car parking and on-site signage opportunities, this property ensures maximum visibility for businesses. Located in the Manchester B2 zoning district, it allows for a variety of commercial and residential uses. This rare property offers long-term growth potential with under market rents, and an excellent addition to your portfolio. The city does have this classified as a Commercial Building so check with your lender.

Annual Expenses

Taxes: $8,555

Income

Construction: Wood Frame | Vinyl Siding
Year Built: 1910
Style: Tri-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5540
Above Grade Sq.Ft.: 4155
Basement: Unfinished
Foundation: Concrete | Granite

Exterior Color: white
Roof: Flat
Garage And Parking: Off Street | Parking Spaces 1 - 10 | Paved
Seasonal: No

Heating: Hot Air
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas - On-Site
Electric Meters:
Gas_Meters: 3
Water: Public
Sewer: Public

Land Information
Level
Lot size: 0.23 acres
Zoned: B2)
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: Paved

Additional Information
Block - 0
Taxes $8,555
Assesed Value Not Reported

Schools

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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