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Offered at $1,325,000Active
beds
10
baths
8
sq ft
6,289
Built
1910

514 Hanover Street

Manchester, NH 03104

Residential Income · Active · MLS #5101368
Listing Courtesy of Galactic Realty Group LLC | Matthew G Brown

The home

About this home

Turn-key 5-unit multifamily investment opportunity located atop Manchester’s prestigious “Hanover Hill.” This well-maintained property offers a unique unit mix featuring an expansive 4-bedroom/3-bathroom unit, a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, two 1-bedroom/1-bathroom units, and an unfinished attic offering potential for future expansion. Tenants are responsible for their own electric and natural gas baseboard heating, while the landlord covers hot water. This low-maintenance property provides an excellent opportunity for investors seeking a stabilized asset with a strong rental history.

Property information

Details at a glance

Interior2 property facts
Rooms
1
Heating
Baseboard, Natural Gas
Building3 property facts
Style
Multi Family
Year built
1910
Roof
Shingle
Land & utilities4 property facts
Lot size
0.39 acres
Water
Public
Sewer
Public Sewer
Zoning
MX-1
Financial2 property facts
Annual taxes
$10,751
Assessment year
2024

Plan your purchase

Estimated monthly cost

Explore costs at the $1,325,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,596 / monthAdjust
Principal & interest
$6,700
Property tax
$896
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $10,751. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Manchester.

This home compared with active listings in Manchester
MetricThis homeLocal listings
List price$1,325,000$677,00096% above local
Price / sq ft$211$2225% below local
Days on market47094% below local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

Keep exploring

Similar homes nearby

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Common questions

About 514 Hanover Street

Can I request a private showing?

Request a tour of 514 Hanover Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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