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201 Auburn St

Manchester NH 03103

3300 sq. ft.
0.06 ac.
Multi-Family
Currently for sale - view listing

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

3300 sq. ft. floor area
0.06 ac. lot size
Multi-Family

Property history for 201 Auburn St

2024
Sold
$580,000
25 Sep 2024 by Breandan Garland, of REAL Broker NH, LLC
2015
Sold
$199,900
16 Oct 2015 by Mark Roy, of Elm Grove Realty, LLC

Happy sellers in Manchester

95%
95% of sellers in Manchester reported that their sale price either exceeded or met their price expectations.

Manchester stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Manchester over the last 12 months.

Local market activity for multi families in Manchester

In the last 12 months, 67 multi families similar to 201 Auburn St, have been sold.

This represents a 46% increase in multi families sales when compared to the previous 12 months.

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