Listed by Jessica Stevenson • Downtown Realty. Bought with Downtown Realty.
Off Market Aug 2023 for $500K
$647,405
3
bd
•
4 ba
•
2,626
sq ft
422 Maple St, Manchester, NH 03103
About this home
Exclusive new multifamily opportunity just half a mile from downtown Manchester NH. This professionally-managed turn-key four family building in the heart of the city is now available for sale. If you are looking to add a solid building to your portfolio, do not let this one pass you by. All four units have recently been renovated to include new kitchens, bathrooms, LVP flooring, painting, and various plumbing upgrades. Each tenant is responsible for their own electric, with natural gas heat and hot water being paid for by the landlord. Certificate of Compliance is valid through 2026 and each tenant is on an annual lease. Assisted showings by appointment only with 48-hour notice, as building is fully occupied.
FOUR-FAMILY in the heart of the city! Property needs a new owner that is ready for a challenge! Needs TLC, etc. All one bedroom units. Tenants pay their own electricity. Rents below market. Property has no driveway/no onsite parking. Potential for a HIGH POSITIVE CASH FLOW!!
Year
Property tax
Land + Additions
Assessment*
2024
$7,589 (+3.8%)
$60,700 + $326,900
$387,600
2023
$7,310 (+7.6%)
$60,700 + $326,900
$387,600
2022
$6,794 (+3.2%)
$60,700 + $311,800
$372,500
2021
$6,586 (+21.2%)
$60,700 + $311,800
$372,500
2020
$5,433 (+1.4%)
$63,400 + $156,900
$220,300
2019
$5,358 (+2.7%)
$63,400 + $156,900
$220,300
2018
$5,217 (+1.6%)
$63,400 + $156,900
$220,300
2017
$5,137 (+0.8%)
$63,400 + $156,900
$220,300
2016
$5,098 (+6.0%)
$63,400 + $156,900
$220,300
2015
$4,808 (+3.4%)
$56,800 + $148,300
$205,100
2013
$4,650
$56,800 + $148,300
$205,100
Tax history for 422 Maple St
Year
Property tax
Land + Additions
Assessment*
2024
$7,589 (+3.8%)
$60,700 + $326,900
$387,600
2023
$7,310 (+7.6%)
$60,700 + $326,900
$387,600
2022
$6,794 (+3.2%)
$60,700 + $311,800
$372,500
2021
$6,586 (+21.2%)
$60,700 + $311,800
$372,500
2020
$5,433 (+1.4%)
$63,400 + $156,900
$220,300
2019
$5,358 (+2.7%)
$63,400 + $156,900
$220,300
2018
$5,217 (+1.6%)
$63,400 + $156,900
$220,300
2017
$5,137 (+0.8%)
$63,400 + $156,900
$220,300
2016
$5,098 (+6.0%)
$63,400 + $156,900
$220,300
2015
$4,808 (+3.4%)
$56,800 + $148,300
$205,100
2013
$4,650
$56,800 + $148,300
$205,100
*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
4
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
2,626
Year built
1920
Style
Multi-Family (5+ Unit)
County
Hillsborough County
APN
340975
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
Basement Information
Basement: Yes
Basement Access: Interior
Multi-Unit Information
Unit Lease Term: Annual
Total Units: 4
# of 1 Bedroom Units: 4
# of Baths (full): 4
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Construction: Wood Frame
Foundation: Fieldstone
Exterior: Aluminum, Vinyl
Roof: Shingle - Asphalt
Driveway: None
Heating: Hot Water
Heat Fuel: Gas - Natural
Cooling: None
Water Heater: Gas - Natural
Basement Description: Unfinished
Unit 1 Information
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Unit 1 Lease Term: Annual
Unit 2 Information
Unit 2 Baths: 1
Unit 2 Bedrooms: 0
Unit 3 Information
Unit 3 Baths: 1
Unit 3 Bedrooms: 1
Unit 3 Lease Term: Annual
Unit 4 Information
Unit 4 Baths: 1
Unit 4 Bedrooms: 1
Unit 4 Lease Term: Annual
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 2626
Approximate Sq. Ft. Total: 5517
Color: White
Lot, Zoning, & Easement Information
Lot: 14
Easements: Unknown
City Lot
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1920
Water View: No
Water View: N
Waterfront: No
Water Body Access: No
Financial
Assessment Information
Assessment Amount: 372500
Assessment Year: 2022
Tax Information
Tax Year: 2022
Gross Amount Tax: 6794
Other Tax Information
Page Deed: 789
Utilities
Trash Information
Municipal
Other Utilities Information
High Speed Intrnt -Avail
Varies
Location
School Information
School District: Manchester Sch Dst SAU #37
Road Information
Road Frontage: Yes
Road Frontage Length: 49
Paved, Public
Other Location Information
Block: 00
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,626
Stories: 3.0
Lot Size: 3,049 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Hillsborough County
APN: 340975
Home facts updated by county records on Aug 5, 2026
Around this home
Schools
Beech Street School
Public K-4 • Assigned • 0.4mi
3/10
Henry J. McLaughlin Middle School
Public 5-8 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Manchester, NH • 03103
Average low and high temperatures (°F)
31
16
33
17
49
29
59
39
68
49
80
59
86
65
82
59
75
54
63
43
50
34
36
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.