Amanda Plecinoga

978-852-7694

367 Amherst St
Manchester, NH

Unlock the potential of this mixed-use property, located in the heart of Manchester, featuring four total units: three spacious 2-bedroom /1-bath residential apartments, 3rd floor finished space, plus a ground-level commercial space currently fitted as a laundromat with a half bath. Each unit is separately metered for utilities, making management straightforward for investors. This medium-density residential neighborhood, Zoned R-3 for mixed use, the property benefits from flexible occupancy options while maintaining a residential feel. With room for updating and increased rental potential, the location, layout, and zoning present a compelling value-add opportunity. With projected rental income of approximately $79,000 annually, plus additional supplemental income from a detached garage rented at $200/month and 5-6 parking spaces at $40 each/month - the property offers the potential to generate over $84,000 per year. A smart investment where community charm meets income-generating versatility.

Property Details

  • $550,000
    List Price
  • 5049386
    MLS Number
  • 6
    Beds
  • 4
    Baths
  • 2-car
    Garage
  • 3,632
    Square Feet
  • 1890
    Year Built
  • .20
    Lot Size
Unit 1 - Second Floor - 714sq ft
Unit 2 - Second Floor - 714sq ft
Unit 3 - First Floor - 714 sq ft
Unit 4 - Laundromat - 786 sq ft
* Sq Ft is approximate - buyer/buyer's agent to do own due diligence.
Unit 1 - Second Floor - 714sq ft
Unit 2 - Second Floor - 714sq ft
Unit 3 - First Floor - 714 sq ft
Unit 4 - Laundromat - 786 sq ft
* Sq Ft is approximate - buyer/buyer's agent to do own due diligence.
Unit 1 - Second Floor - 714sq ft
Unit 2 - Second Floor - 714sq ft
Unit 3 - First Floor - 714 sq ft
Unit 4 - Laundromat - 786 sq ft
* Sq Ft is approximate - buyer/buyer's agent to do own due diligence.

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Amanda Plecinoga

Main Office: 603-232-8282
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