$750,000 | $181 per sq.ft. Under Contract | MLS# 5027889
A
3
Unit Multi Family Home, 106 Schiller Street Manchester NH
With 1 - Two Bedroom Units | 2 - Three Bedroom Units
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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.
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Annual Expenses
Taxes: $8,555 |
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Income
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Vinyl Siding | Exterior Color white | Price Per SQ.FT. 180.51 | Year Built: 1910 |
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LAND DESCRIPTION:
LOT DESCRIPTION: Level |
Avail.Sq.Ft.: 1 Livable Space: 4155 Above Grade Sq.Ft.: 4155 Below Grade Sq.Ft.: 0 Foundation: Concrete | Granite Heating: Hot Air Cooling: Mini Split Electric: Circuit Breaker(s) Style: Tri-Level Roof: Flat Water: Public Sewer: Public
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Lot size: 0.23 acres Zoned: B2 Surveyed: Unk Flood Zone: No Seasonal: No Garage And Parking: Off Street | Parking Spaces 1 - 10 | Paved Road Frontage: 100 Driveway: Paved |
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ADDITIONAL INFORMATION
Taxes $8,555 | Assesed Value $453,600 in 2023 |
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SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated April 11th, 2025
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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