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313 Amherst Street, 
Manchester, NH 03104

$699,000


10

Beds


3

Baths


4,100

Sq Ft


Multi-Family

Active

Listed by

Kathy Snyder

Monument Realty

603-888-5662

Last updated:

October 31, 2025, 02:44 AM

MLS#

5067889

Source:

PrimeMLS

About This Home

313 Amherst Street

Opportunity is knocking! This large 3-unit multifamily property is fully occupied and ready for its next investor. Located in a highly desirable rental area known for its walkability and easy access to major routes, this property offers substantial rental income and long-term potential. The first-floor unit features approximately 1,548 SF with 4 bedrooms and 1 bath, occupied by a long-term tenant on a month-to-month tenancy paying $2,350/month, excluding utilities. The second-floor unit, recently renovated, also spans 1,548 SF and offers 3 bedrooms and 1 bath. It is leased through September 2026 at $2,200/month, excluding utilities. The third-floor unit includes 1,004 SF of living space with 3 bedrooms and 1 bath, occupied by a month-to-month tenant paying $2,150/month, excluding utilities. Current owners have completed numerous updates throughout the building. The first and third floors, while well-maintained, offer potential for cosmetic improvements upon tenant turnover. With a 7.5% cap rate, this property presents an exceptional investment opportunity in a high-demand location surrounded by like-kind multifamily properties. Ample parking is available for tenants. Showings are by appointment only with a 48-hour notice required, as all units are currently occupied.

Home Facts

Multi-Family

3 Baths

10 Bedrooms

Built in 1911

Price Summary

699,000

$170 per Sq. Ft.

MLS #:

5067889

Last Updated:

October 31, 2025, 02:44 AM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,100 Sq. Ft.


Structure

Structure

Building Area:

5,900 Sq. Ft.

Year Built:

1911


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$170 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. 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 November 2, 2025

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