747 Silver Street Manchester NH Multi Family For Sale $650000

List Price: $650,000 | $239 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Under Contract Date Listed Wednesday Apr 9, 2025 | MLS# 5035589

First Floor Kitchen

First Floor Dining Area & Pantry

1st floor living room

1st floor bathroom with double vanity

First Floor Bedroom with Hardwood Floors

Updated Kitchen in First Floor Unit

First Floor Back Door

2L Layout + shared space (second floor landing)

Shared space for 2nd floor tenants

2nd floor back entry landing

2R Kitchen

2R Bath

2R Living Room

2L Floor Plan

2L Kitchen

2L Bath

2L Living Room

Laundry in Basement for Whole Building

Solid Construction & Concrete Foundation

Only 1 heating system and HW tank to maintain!

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603-643-3942

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Address: 747 Silver Street Manchester NH
Listed by ABODE TEAM EXP Realty Cell: 603-540-7637
Description:
Welcome to 747 Silver Street, a well-maintained three-unit property located in a sidewalk lined Manchester neighborhood. This solid, 1965-built home offers a balance of comfort, steady rental income, and long-term potential for both investors and owner-occupants.The spacious first-floor unit is currently rented for $2,400 per month and features a beautifully renovated kitchen and bathroom, hardwood and vinyl flooring, a den that could serve as a 3rd bedroom, an enclosed porch that adds valuable living space, and direct interior access to the basement. Upstairs, the second floor is divided into 2 one-bedroom units. One is currently rented at $1,325 per month, while the other, rented at $1,300, is being vacated... creating an excellent opportunity for an owner-occupant or a value-add investor. A shared landing between the units offers a welcoming common area where tenants can relax, adding a touch of community to the space. Additional highlights include a three-car garage with one stall per unit, off-street parking, separate electric, and a brand-new roof. Heat and hot water are included in the rent, simplifying management with just one heating system and water tank to maintain. The concrete foundation and quality construction make this a very impressive building. Whether you're looking to house hack, live multi-generationally, or expand your investment portfolio, 747 Silver Street delivers on location, layout, and future value add opportunity. *LIMITED GROUP SHOWINGS!

Annual Expenses

Taxes: $7,718

Income
Gross Income | $60,300

Appliances : Water Heater � Shared

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 7
Sq.Ft.: 1564
Level: 1
Info : Den,Dishwasher,Heat Included,Hot Water,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 2400.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2L
Style : garden
Info : Heat Included,Hot Water
Tenant Pays : Electric
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 2R
Style : garden
Info : Heat Included,Hot Water
Tenant Pays : Electric
Rent : 1325.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M

Construction: Vinyl Siding
Year Built: 1965
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4068
Above Grade Sq.Ft.: 2724
Basement: Unfinished
Foundation size 32x42 + 22x10.
Foundation: Concrete

Exterior Features:
Porch - Enclosed
Roof: Shingle - Asphalt
Garage And Parking: Driveway | Garage | Off Street
Seasonal: No

Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Trash: Municipal
Utilities: Cable
Electric Meters: 3
Gas_Meters: 0
Water: Public
Sewer: Public

Land Information
City Lot
Lot size: 0.16 acres
Zoned: R-2)
Surveyed: Yes
SurveyedBy: NH Geomatics IN
Flood Zone: No
Road Frontage: 51
Driveway: Paved

Additional Information
Docs Available : Deed | Property Disclosure
Easement - Unknown
Block - 0000
Taxes $7,718
Assesed Value Not Reported

Schools
School District: Manchester Sch Dst SAU #37
Elementary School: Jewett School
Middle School: Southside Middle School
High School: Manchester Memorial High Sch

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

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