470 Spruce Street, Manchester, NH - 3Units - $650,000

470 Spruce Street, Manchester, NH

   Photo 1 of 23   
Price: $650,000 Status: Active w/Contract
Taxes: $7,749 Lot Size 0.13

Welcome to 470 Spruce Street, a beautifully maintained 3-family home that represents a sound investment opportunity for those seeking a property that is already income-producing. This exceptional property features three spacious three-bedroom units, currently grossing a monthly income of $6,280, while the first floor unit is rented under value. Each unit is designed for comfort and practicality, making it highly attractive to tenants and ensuring consistent rental income. A standout feature of this property is the three-stall garage and additional parking, a rare and valuable amenity in the city that enhances its rental appeal. While the owner covers gas expenses, the overall property expenses are kept impressively low, maximizing net income and ensuring a strong return on investment. The well-maintained interiors and modern upgrades, including contemporary appliances and fresh paint, contribute to the property's desirability and tenant retention. Centrally located, 470 Spruce Street is conveniently close to schools, parks, shopping, dining, and major highways, offering easy access to all that Manchester has to offer. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a reliable income-generating property, this home offers both immediate returns and long-term growth potential. Don't miss out on this prime investment opportunity. Showings begin on Saturday, June 8th. 24 Hour notice required. OFFER DEADLINE 8PM 6/10. Thank you.

Listed by Savannah Levasseur of Keller Williams Realty-Metropolitan.

Property Features

Property Information

MLS # 
4999294 
Number of Units 

Additional Features

Basement 
Yes 
Electric 
100 Amp 
Finished Sq Ft 
3312 
Foundation 
Granite 
Garage 
Yes 
Heat/Fuel 
Gas - Natural 
House Color 
White 
Road Frontage 
TBD 
Roads 
Paved, Public 
Roof 
Flat, Membrane, Rolled 
Sewer 
Public 
Total Units 

Ask A Question

Mortgage Calculator

Downpayment

Mortgaged Amount:

Interest Rate:

Loan Length:

Monthly Payment:

(Principal + Interest)

Estimated Monthly Taxes:

* All numbers are estimates. Please consult your loan advisor

Prime MLS Logo

Copyright ©2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/8/2024 3:00:46 AM