Listed by Kelly Erwin • Keller Williams Realty-Metropolitan.
For sale
$700,000
Est. $4,525/mo —
4
bd
•
3 ba
•
2,819
sq ft
649 Second St, Manchester, NH 03102
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About this home
xcellent investment opportunity in Manchester's B-2 General Business District! This well-located three-unit mixed-use property offers a versatile combination of commercial and residential space, making it an ideal addition to any investment portfolio or a great option for an owner-occupant. The property features one commercial unit and two residential apartments, providing multiple income streams and long-term flexibility. Situated on a high-visibility street with convenient access to downtown Manchester, major highways, shopping, restaurants, and area amenities, the location is ideal for both businesses and tenants. Separate entrances, off-street parking, and flexible commercial space enhance the property's appeal. Whether you're looking to expand your portfolio, operate your own business while collecting rental income, or capitalize on Manchester's strong rental market, this property offers outstanding potential in a prime location. Buyer to verify specific uses with city.
Multi-familyProperty Type
1894Year Built
10,018 sq ftLot Size
$248Price/Sq.Ft.
Listed by Kelly Erwin• Keller Williams Realty-Metropolitan
Wolfe Park, located between Elm Street and the Merrimack River, is a residential and park-adjacent Manchester neighborhood with tree-lined blocks and riverfront green space. The neighborhood’s character concentrates around the Elm Street corridor near Bridge Street, where corner eateries, coffee counters, and small storefronts set a steady, walkable rhythm. Housing reads as classic New England—compact capes, older colonials, and tidy multifamily homes mixed with newer infill. Wolfe Park itself frames daily routines with ballfields, playground space, and open lawns. Nearby, the Currier Museum of Art and the Palace Theatre add a cultural throughline beyond the river. The Millyard and its brick mill buildings keep the backdrop distinctly Manchester.
Provided by Walk Score and Local Logic
Offer insights
649 Second St · $700,000
$701K and above
75% chance or better to win
Why $701K+ is a strong offer
DAYS ON MARKET
74 days
The average home goes pending in 20 days.
SALE-TO-LIST
100.9%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Living
Dining
Interior features
Interior access to the basement
Unfinished basement
Bedrooms
Three 2-bedroom units (two units with 2 bedrooms each; third unit also 2 bedrooms)
Bathrooms
Three full bathrooms across the building (one in each unit)
Heating & cooling
Natural gas heating with forced air
Mini-split systems for supplemental heating/cooling
Electric service via circuit breakers
Exterior features
City lot with level terrain
Paved driveway
Public road frontage (approximately 100 feet)
Parking available in the back (per directions)
Home design
Multi-family New Englander style
Existing building constructed in 1894
Green exterior color
Parking
Paved driveway
Construction
Wood frame construction
Vinyl siding
Asphalt shingle roof
Originally built in 1894
Utilities
Public water
Public sewer
Cable internet available
Electric service via circuit breaker panel
Financial info
Operating expenses include insurance, snow removal, and water/sewer
Other
Total of 3 rental units with annual lease terms
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the General Business District is to provide appropriate locations in the city for the development and operation of a mixture of commercial uses and personal and business services that have a community-wide or regional market and which require access from major city streets and proximity to arterial highways, including automotive-oriented uses, larger scale retail, and shopping centers. The variety, scale and intensity of the permitted commercial uses in the B-2 zone are intended to be greater than those permitted in the B-1 neighborhood business zone.
Permitted uses
Include but are not limited to:
Gas station
General retail
Retail-Grocery
Restaurant
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Mixed use building
Office
Medical office
Climate risks
10/10 Flood Factor
Estimated 80%+ chance 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 hot days expected this year, 16 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Manchester, NH • 03102
Average low and high temperatures (°F)
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84
63
81
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76
52
63
42
50
33
35
20
Jan
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 649 Second St
$695,652
$4,348 under list price of $700K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $425K to $660K.