Listed by Pierre Peloquin • Pierre Peloquin Realty. Bought with Pierre Peloquin Realty.
Off market feb 2019 for $465K
—
9
bd
•
7 ba
•
4,242
sq ft
87 PROSPECT St, Manchester, NH 03104
About this home
RARE NORTH END 6-FAMILY COLONIAL! Just about as nice as they come !!! Beautifully landscaped yard, 3 car garage + paved parking. Great mix of studio, 1, 2, 3 bedroom units. Spectacular 3-bedroom unit on entire 2nd floor with 2 full baths and screened porch. Lots of hardwood flooring, tin ceilings, private decks/porches. Owner pays heat, hot water and electric for most of the units. Gross annual income $64,224, with $19,800 expenses (includes taxes) Brand new COC at closing
Multi-familyProperty Type
1855Year Built
6,534 sq ftLot Size
$110Price/Sq.Ft.
3 garage spacesParking
Listed by Pierre Peloquin• Pierre Peloquin Realty
Bought with Maria Giakoumakis• Pierre Peloquin Realty
REMARKABLE STATELY NORTH END COLONIAL STYLE 6 FAMILY. In the same family since 1955 ( 1st time offered to the public). Beautifully landscaped yard, 3 car garage + paved parking. Great mix of studio-1-2-3 bedroom units. GORGEOUS 3 bedroom 1.75 bath unit on entire 2nd floor w/ screen porch. Lots of HARDWOOD FLOORING, TIN CEILINGS, private decks/porches. Owner pays heat, hot water and electric of some units. All long term tenants from 6 years to 22 years. GROSS INCOME $57,600.00 / YEAR with $15,836.00 EXPENSES (Includes Taxes) NET INCOME $ 41,764.00 24 HOUR NOTICE A MUST & OUT OF RESPECT for THE RESIDENTS
Year
Property tax
Land + Additions
Assessment*
2024
$10,281 (+3.8%)
$82,900 + $442,200
$525,100
2023
$9,903 (+3.4%)
$82,900 + $442,200
$525,100
2022
$9,578 (+3.2%)
$82,900 + $442,200
$525,100
2021
$9,284 (+25.1%)
$82,900 + $442,200
$525,100
2020
$7,420 (+1.4%)
$72,100 + $228,800
$300,900
2019
$7,318 (+2.7%)
$72,100 + $228,800
$300,900
2018
$7,125 (+5.1%)
$72,100 + $228,800
$300,900
2017
$6,779 (+0.8%)
$72,100 + $218,600
$290,700
2016
$6,727 (+6.6%)
$72,100 + $218,600
$290,700
2015
$6,310 (+3.4%)
$64,500 + $204,700
$269,200
2013
$6,103
$64,500 + $204,700
$269,200
Tax history for 87 PROSPECT St
Year
Property tax
Land + Additions
Assessment*
2024
$10,281 (+3.8%)
$82,900 + $442,200
$525,100
2023
$9,903 (+3.4%)
$82,900 + $442,200
$525,100
2022
$9,578 (+3.2%)
$82,900 + $442,200
$525,100
2021
$9,284 (+25.1%)
$82,900 + $442,200
$525,100
2020
$7,420 (+1.4%)
$72,100 + $228,800
$300,900
2019
$7,318 (+2.7%)
$72,100 + $228,800
$300,900
2018
$7,125 (+5.1%)
$72,100 + $228,800
$300,900
2017
$6,779 (+0.8%)
$72,100 + $218,600
$290,700
2016
$6,727 (+6.6%)
$72,100 + $218,600
$290,700
2015
$6,310 (+3.4%)
$64,500 + $204,700
$269,200
2013
$6,103
$64,500 + $204,700
$269,200
*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
7
Baths
7
Stories
3
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
—
Sq. Ft.
4,242
Year built
1855
Style
Multi-Family (5+ Unit)
County
Hillsborough County
APN
341301
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.