This listing courtesy of Nikki Kalantzis , Realty One Group Next Level
$850,000

575 Summer Street, Manchester, NH 03103

  • 4 baths |
  • 5,750 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $148/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesday 6/9 at 6pm, Thursday 6/11 at 12pm and Saturday 6/13 at 1pm by APPOINTMENT ONLY!

Listing Status:
Active
Date Added:
June 8, 2026
Data Last Updated:
June 14, 2026 at 11:58PM
Listing Office:
Realty One Group Next Level : 888-888-7653
Listing Agent:
Nikki Kalantzis : : nikki@rognextlevel.com
MLS ID:
5093367
  • Basement: Unfinished
  • Flooring: HardwoodOther
  • A/C: None
  • Heating: Natural Gas
  • Style: Multi-Family
  • Roofing: FlatOther
  • General: Wood FrameOther
  • Road/Access: Public
  • School District: Manchester School District
  • County: Hillsborou
  • Driveway: Paved
  • Zoning: Residential Multi Family
  • Utilities: Other
  • Water: Public
  • Sewer: Public

This listing courtesy of Nikki Kalantzis , Realty One Group Next Level

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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