201 Auburn St

Manchester NH 03103

4500 sq. ft.

2614 sq. ft.

Multi-Family

Last sold for $660,000

Steve Petz, last sold this property on 22 October 2026 after 42 days on market.

Overview

Fully occupied and offering immediate in-place income, 201 Auburn Street is a well-positioned Manchester three-family featuring three 3-bedroom, 1-bath apartments and approximately 3,300 square feet of finished above-grade living area. Current rents total $6,650 per month, or $79,800 annually, including $5,650 from the residential units and $1,000 from the separately rented detached garage. Each apartment offers a well-proportioned five-room layout with generous living space, natural light, and a mix of updated flooring and kitchen finishes. Separate electric meters, individual water heaters, and dedicated heating systems help simplify ongoing management, with tenants responsible for electric, heat, and hot water. The first- and second-floor apartments also feature in-unit laundry. The full unfinished basement provides additional utility and storage space. At the rear of the property, the sizable detached garage/outbuilding offers substantial space, current income, and long-term flexibility. Its open footprint lends itself well to potential workshop use, while an existing plumbed drain creates the possibility of adding a bathroom, subject to buyer due diligence and any required approvals. Conveniently located near downtown Manchester, the property provides easy access to shopping, restaurants, public transportation, schools, hospitals, and major commuting routes. Leases, rent roll, expense information, and supporting property documentation are available upon request. With all three residential units occupied, separately metered utilities, additional garage income, and future value-add potential, 201 Auburn Street presents a compelling opportunity to acquire a practical, income-producing multifamily property in an established rental market.

Features

9 bedrooms

3 bathrooms

4 carspaces

4 garage spaces

4500 sq. ft. floor area

2614 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 9 bedroom multi families sold in Manchester over the last 12 months, the estimated median property value of 201 Auburn St is $650k.

Median value

$650k

Estimated value range

$570k - $760k

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Manchester. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.