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366 Kelley Street, 
Manchester, NH 03102

$725,000


Bed


Bath


3,992

Sq Ft


Multi-Family

Active

Listed by

Chelsea Leveille

Keller Williams Realty-Metropolitan

603-232-8282

Last updated:

June 28, 2025, 01:38 AM

MLS#

5049069

Source:

PrimeMLS

About This Home

366 Kelley Street

Fantastic Investment Opportunity – Fully Rented 4-Unit Mixed-Use Property with Nearly 9% Cap Rate! This exceptional four-unit building is a rare find, offering a strong return with gross annual rent exceeding $76,000 and a cap rate approaching 9%. Perfect for savvy investors looking to expand their portfolio with a fully leased, turn-key asset. The property features three beautifully updated residential units—two 1-bedroom units and one spacious 3-bedroom unit—all in excellent condition. In addition, the building includes a versatile commercial space currently operating as a restaurant-style unit, with the potential to be easily split into two commercial storefronts, as it once was. Extensive upgrades were completed in 2013–2014, including all-new electrical, plumbing, siding, and roofing, ensuring low maintenance for years to come. Other highlights include: • Fully rented with stable income • Excellent condition throughout • Off-street parking for tenants • Located in a high-visibility area with strong rental demand Whether you’re looking to generate immediate cash flow or explore future development potential, this property checks all the boxes. Don’t miss out on this solid income-producing asset! ALL tenants would love the opportunity to renew lease! GROUP SHOWINGS ONLY beginning SUNDAY June 29 1-2:30 with pre-confirmed attendance only.

Home Facts

Multi-Family

Built in 1940

Price Summary

725,000

$181 per Sq. Ft.

MLS #:

5049069

Last Updated:

June 28, 2025, 01:38 AM

Added:

3 day(s) ago


Rooms & Interior

Interior

Living Area:

3,992 Sq. Ft.


Structure

Structure

Building Area:

5,988 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$181 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 June 30, 2025

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