List Price: $1,325,000 | $211 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 2 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Thursday Jul 23, 2026 | MLS# 5101368
With 2 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Thursday Jul 23, 2026 | MLS# 5101368
514 Hanover Street Manchester NH
Listed by Matthew Brown Galactic Realty Group LLC
Listed by Matthew Brown Galactic Realty Group LLC
Turn-key 5-unit multifamily investment opportunity located atop Manchester's prestigious "Hanover Hill." This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.
Annual Expenses
Taxes: $10,751
Taxes: $10,751
Income
Gross Income | $115,200
Gross Income | $115,200
UNIT 1
Beds: 4
Baths: 3
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 2825.00 Monthly
Status : Leased
UNIT 2
Beds: 2
Baths: 2
Rooms: 0
Tenant Pays : Electric,Heat
UNIT 3
Beds: 1
Baths: 1
Tenant Pays : Electric,Heat
Rent : 1460.00 Monthly
Status : Leased
UNIT 4
Beds: 1
Baths: 1
Tenant Pays : Electric,Heat
Rent : 1600.00 Monthly
Status : Leased
UNIT 5
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat
Rent : 1740.00 Monthly
Construction: Vinyl Exterior
Year Built: 1910
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 8905
Above Grade Sq.Ft.: 6289
Basement: Concrete | Interior Access | Basement Stairs
Year Built: 1910
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 8905
Above Grade Sq.Ft.: 6289
Basement: Concrete | Interior Access | Basement Stairs
Exterior Color: Blue
Roof: Shingle
Seasonal: No
Roof: Shingle
Seasonal: No
Heating: Natural Gas | Baseboard
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable Available | Gas On-Site
Electric Meters:
Water: Public
Sewer: Public
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable Available | Gas On-Site
Electric Meters:
Water: Public
Sewer: Public
Land Information
Landscaped
Lot size: 0.39 acres
Zoned: MX-1)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
Landscaped
Lot size: 0.39 acres
Zoned: MX-1)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
Block - 0
Taxes $10,751
Assesed Value Not Reported
Schools
School District: Manchester Sch Dst SAU #37
Elementary School: McDonough School
Middle School: Hillside Middle School
High School: Central High School
School District: Manchester Sch Dst SAU #37
Elementary School: McDonough School
Middle School: Hillside Middle School
High School: Central High School
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM