Listed by Andrew Kieffer • BHHS Verani Bedford (Cell: 603-491-5466). Bought with Tesla Realty Group, LLC.
Off market sep 2025 for $725K
$827,480
6
bd
•
4 ba
•
3,314
sq ft
348 Spruce St, Manchester, NH 03103
About this home
Clean four family with market rents, off street parking and a nice mix of 1 and 2 Bedroom apartments. Tenants pay heat and electric with hot water included. Three of the four units have been recently updated with new 1 year leases in place. Great cash flow of $73,680 annually with expenses of $14,746. This easy to manage property would make a great addition to your portfolio or first home as an owner occupant. Future potential to convert one of the 2 BR apartments into a 3 BR and increase cash flow.
Well cared for Manchester 4 family perfect for the shrewd investor or owner occupant. Separate heat and electrical with a shared hot water heater. See attachments for rental information. SHOWINGS THURSDAY 8/18/22 FROM 2PM TO 4PM.
PrimeMLS #857258
Nov 5, 2002
Sold
$215,000
$65/sq ft
Sep 23, 2002
Delisted
—
Jul 15, 2002
Listed
$229,900
$69/sq ft
HARD TO FIND FOUR UNIT. GOOD LONG TERM TENANTS. SPACIOUS 1 AND 2 BDRM UNITS IN GOOD CONDITION, EXTERIOR NEEDS CLEAN UP. $5000 TOWARDS CLOSING COSTS. .. .. MOTIVATED SELLER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Year
Property tax
Land + Additions
Assessment*
2024
$7,771 (+3.8%)
$78,000 + $318,900
$396,900
2023
$7,486 (+3.4%)
$78,000 + $318,900
$396,900
2022
$7,239 (+3.2%)
$78,000 + $318,900
$396,900
2021
$7,017 (+24.3%)
$78,000 + $318,900
$396,900
2020
$5,645 (+1.4%)
$67,800 + $161,100
$228,900
2019
$5,567 (+2.7%)
$67,800 + $161,100
$228,900
2018
$5,420 (+1.5%)
$67,800 + $161,100
$228,900
2017
$5,338 (+0.8%)
$67,800 + $161,100
$228,900
2016
$5,297 (+6.5%)
$67,800 + $161,100
$228,900
2015
$4,972 (+3.4%)
$67,800 + $144,300
$212,100
2013
$4,808
$67,800 + $144,300
$212,100
Tax history for 348 Spruce St
Year
Property tax
Land + Additions
Assessment*
2024
$7,771 (+3.8%)
$78,000 + $318,900
$396,900
2023
$7,486 (+3.4%)
$78,000 + $318,900
$396,900
2022
$7,239 (+3.2%)
$78,000 + $318,900
$396,900
2021
$7,017 (+24.3%)
$78,000 + $318,900
$396,900
2020
$5,645 (+1.4%)
$67,800 + $161,100
$228,900
2019
$5,567 (+2.7%)
$67,800 + $161,100
$228,900
2018
$5,420 (+1.5%)
$67,800 + $161,100
$228,900
2017
$5,338 (+0.8%)
$67,800 + $161,100
$228,900
2016
$5,297 (+6.5%)
$67,800 + $161,100
$228,900
2015
$4,972 (+3.4%)
$67,800 + $144,300
$212,100
2013
$4,808
$67,800 + $144,300
$212,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,314
Year built
1910
Style
Multi-Family (5+ Unit)
County
Hillsborough County
APN
104361
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
R-2
Residential Two Family District
The R-2 district forms a loose band around the densely developed inner city area, representing a transitional district between lower development densities of the single family districts and the maximum densities of the inner city. This district was established to maintain the integrity of existing moderate density neighborhoods that are nearly fully developed with a mix of single family and two family structures, but which are close to the Central Business District.