Bought with Samantha Nazario • RE/MAX Synergy
$650,000
$650,000
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86 School ST Manchester, NH 03102
9 Beds
3 Baths
3,560 SqFt
Key Details
Sold Price $650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,560 sqft
Price per Sqft $182
MLS Listing ID 5092689
Sold Date 07/02/26
Bedrooms 9
Full Baths 3
Construction Status Existing
Year Built 1900
Annual Tax Amount $7,691
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Attention Investors & Owner-Occupants! The Ultimate Turn-Key 3-Family on Manchester's West Side! Welcome to 86 School Street, a massive multi-family property that checks every single box on a buyer's wishlist. Situated on a prime corner lot in a high-demand rental pocket, this property offers incredible scale, premium mechanics, and zero-headache operations.The first and second stories boast a highly desirable, spacious 1,400 sq.ft. 3-bedroom, 1-bathroom layout averaging an expansive footprint that crushes the local competition. Flooded with natural light, these apartments feature generous living areas, and the perfect layout for long-term, premium tenants. With the second floor vacant, you can live in one unit and "house hack" or rent it out at current market rate! Say goodbye to unpredictable winter heating bills! This building features completely separate, tenant-paid utilities. A natural gas high-efficiency heating systems, 2 tankless on-demand hot water heaters, and separate electric meters.The landlord's expenses are kept incredibly lean, maximizing your Net Operating Income (NOI) from day one. Set on a prominent corner lot, the property offers dedicated off-street parking—a massive premium on the West Side. Tenants will love the convenience of being minutes from Catholic Medical Center (CMC), downtown Manchester's vibrant dining scene, and immediate highway access for an easy commute. With all major mechanical updates already done for you, and COC in hand, 86 School Street is a rare, powerhouse asset to add to your portfolio. Open house on June 6th 10am-12pm. Followed by an Open House on June 7th 10-12pm. Don't miss this West Side gem!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning MDL-01
Rooms
Basement Entrance Walk-up
Basement Concrete, Concrete Floor, Exterior Stairs, Interior Stairs, Storage Space, Unfinished, Exterior Access, Basement Stairs
Interior
Cooling None
Flooring Hardwood, Laminate, Wood, Vinyl Plank
Exterior
Community Features No Smoking
Utilities Available Cable Available, Gas On-Site
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
School District Manchester Sch Dst Sau #37
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