Listed by Joan Blais • BHHS Verani Londonderry. Bought with Homefront Realty, LLC.
Off market apr 2020 for $275K
$663,142
9
bd
•
3 ba
•
3,447
sq ft
372 Cedar St, Manchester, NH 03103
About this home
Three 3-bedrm apts; separate heating (1st floor has brand new steam/oil furnace), hot water & electric: tenants pay all). gas/gas heat on 2nd & 3rd floors. Fenced yard; 5-6 car parking. at rear. Remodeling & video taken just prior to tenant's occupancy in 2018. Income: $47,280 Expenses - 8,400 (Insur $1723; util $1480; tax $5197). -10% - 4,728. for vacancy, mgmt, maint) NOI $34,652. . .. 9% Cap rate
The Sellers emptied the building of all tenants and their belongings so that they could get down to the bare bones of this property and perform renovations, upgrades and cleaning. Each unit has a large covered PORCH entryway on the side of the building. The kitchens on the 1st and 3rd floor have BRAND NEW CABINETS and shiny NEW laminate Counter-Tops. New CARPETING was installed from top to bottom. The second and third floor have new TUBS and VANITIES. Each apartment has a laundry room with washer and dryer hook-ups. First and second floor are each THREE bedroom apartments. Replacement WINDOWS throughout entire building PLUS roof is about FIVE years old. The front foyer still retains architectural charm. There is PAVED off-street parking. The COC is current until June, 2018. This is an opportunity to buy a property which has been cleaned out, and polished up so that you can begin with a clean slate, and add it to your portfolio. Listing agent is related to the Seller.
Year
Property tax
Land + Additions
Assessment*
2024
$6,996 (+3.8%)
$70,400 + $286,900
$357,300
2023
$6,739 (+3.4%)
$70,400 + $286,900
$357,300
2022
$6,517 (+3.2%)
$70,400 + $286,900
$357,300
2021
$6,317 (+15.8%)
$70,400 + $286,900
$357,300
2020
$5,455 (+5.0%)
$50,400 + $170,800
$221,200
2019
$5,197 (+2.7%)
$50,400 + $163,300
$213,700
2018
$5,060 (+1.5%)
$50,400 + $163,300
$213,700
2017
$4,983 (+0.8%)
$50,400 + $163,300
$213,700
2016
$4,945 (+1.4%)
$50,400 + $163,300
$213,700
2015
$4,878 (+3.4%)
$52,200 + $155,900
$208,100
2013
$4,718
$52,200 + $155,900
$208,100
Tax history for 372 Cedar St
Year
Property tax
Land + Additions
Assessment*
2024
$6,996 (+3.8%)
$70,400 + $286,900
$357,300
2023
$6,739 (+3.4%)
$70,400 + $286,900
$357,300
2022
$6,517 (+3.2%)
$70,400 + $286,900
$357,300
2021
$6,317 (+15.8%)
$70,400 + $286,900
$357,300
2020
$5,455 (+5.0%)
$50,400 + $170,800
$221,200
2019
$5,197 (+2.7%)
$50,400 + $163,300
$213,700
2018
$5,060 (+1.5%)
$50,400 + $163,300
$213,700
2017
$4,983 (+0.8%)
$50,400 + $163,300
$213,700
2016
$4,945 (+1.4%)
$50,400 + $163,300
$213,700
2015
$4,878 (+3.4%)
$52,200 + $155,900
$208,100
2013
$4,718
$52,200 + $155,900
$208,100
*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
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,447
Year built
1895
Style
Multi-Family (2-4 Unit)
County
Hillsborough County
APN
341020
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.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Cemetery
Property details
Interior
Virtual Tour
Basement Information
Basement: Yes
Basement Access: Interior
Multi-Unit Information
Unit Lease Term: Month to Month
Total Units: 3
# of 3+ Bedroom Units: 3
# of Baths (full): 3
Parking: Parking Spaces 5
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Construction: Wood Frame
Foundation: Granite
Exterior: Asbestos, Shingle
Roof: Membrane
Driveway: Paved
Heating: Forced Air
Heat Fuel: Gas - Natural
Cooling: None
Flooring: Vinyl, Wood
Water Heater: Tank
Basement Description: Unfinished
Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 3
Unit 1 Lease Term: Month to Month
Unit 1 Rooms: 5
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 3
Unit 2 Rooms: 5
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 3
Unit 3 Lease Term: Month to Month
Unit 3 Rooms: 5
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 3447
Approximate Sq. Ft. Total: 4596
Color: Green
Lot, Zoning, & Easement Information
Lot: 10
City Lot
Income Information
Net Income: $39,380
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1895
Financial
Assessment Information
Assessment Amount: 213700
Assessment Year: 2019
Tax Information
Tax Year: 2019
Gross Amount Tax: 5197
Other Tax Information
Page Deed: 2953
Utilities
Other Utilities Information
Cable - Available
Yes
Location
School Information
School District: Manchester School District
Road Information
Road Frontage Length: 50
Paved, Public
Other Location Information
Block: 00
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 3,447
Stories: 3.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1895
Year Renovated: —
County: Hillsborough County
APN: 341020
Home facts updated by county records on Aug 5, 2026