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266 Douglas St - 3-Unit Investment on Manchester’s West Side 3 Unit Apartment Building Offered at $599,000 Manchester, NH 03102
Investment Highlights
- Upside potential
- New Rinnai wall heaters and hot water heaters
- Owner-occupant possibility
Executive Summary
Great opportunity to own a 3-family property on Manchester’s West Side. This multifamily offers a strong mix of current rental income, upside potential, and owner-occupant possibilities. Two units are currently occupied. One unit has been renovated, providing a solid starting point for an investor or buyer looking to live in one. Units 2 and 3 have newer Rinnai wall heaters and hot water heaters. The remaining units would benefit from cosmetic turns as they become vacant, creating an opportunity to improve rents and value. Whether you are looking to expand your portfolio, create a house-hack opportunity, or reposition a property with upside, 266 Douglas Street offers flexibility, income potential, and a convenient Manchester location. Owner is a licensed New Hampshire real estate salesperson.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,804
|
$1.82
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,804
|
$1.82
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $6,804 |
| Annual Per SF | $1.82 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,804 |
| Annual Per SF | $1.82 |
Property Facts
| Price | $599,000 | Lot Size | 0.11 AC |
| Price Per Unit | $199,667 | Building Size | 3,736 SF |
| Sale Type | Investment | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1888/2026 |
| Apartment Style | Low-Rise | ||
| Zoning | RES | ||
| Price | $599,000 |
| Price Per Unit | $199,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 3,736 SF |
| Average Occupancy | 66% |
| No. Stories | 2 |
| Year Built/Renovated | 1888/2026 |
| Zoning | RES |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,435 | - |
| 1+1 | 1 | $1,495 | - |
| 4+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | MNCH-000631-000000-000017 | Total Assessment | $329,400 (2024) |
| Land Assessment | $84,800 (2024) | Annual Taxes | $6,804 ($1.82/SF) |
| Improvements Assessment | $244,600 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
MNCH-000631-000000-000017
Land Assessment
$84,800 (2024)
Improvements Assessment
$244,600 (2024)
Total Assessment
$329,400 (2024)
Annual Taxes
$6,804 ($1.82/SF)
Tax Year
2025
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266 Douglas St - 3-Unit Investment on Manchester’s West Side
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