Listed by Amanda Plecinoga • Keller Williams Realty-Metropolitan. Bought with Keller Williams Realty-Metropolitan.
Off market sep 2025 for $550K
$635,284
6
bd
•
3 ba
•
3,638
sq ft
367 Amherst St, Manchester, NH 03104
About this home
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.
Multi-familyProperty Type
1890Year Built
8,276 sq ftLot Size
$175Est. Price/Sq.Ft.
2 car garageParking
Listed by Amanda Plecinoga• Keller Williams Realty-Metropolitan
Bought with Gregory Sowa• Keller Williams Realty-Metropolitan
*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
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
3,638
Year built
1890
Style
Other
County
Hillsborough County
APN
342691
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
R-3
Urban Multifamily District
The intent of this zoning district is to maintain the inner city neighborhoods at a density which affords the opportunity to develop or redevelop multifamily housing at the maximum density considered appropriate to sustain neighborhood quality in an urban setting. Its primary purpose is to define residential densities appropriate for the inner city neighborhoods, while preserving opportunities for some neighborhood-serving businesses to be integrated therein. Special provisions within the district permit, under certain conditions, the development of high density highrise structures for the elderly.