159 South Main Street

Closed 5/21/21

Sold

Last Sold Price

$240,000

4 beds3 baths4,471 sqft$54/sqft

159 S Main St, Manchester, NH 03102

Multi FamilyProperty Type

4,791 sq ftLot Size

1930Year Built

$54/sq ftPrice per sq ft

1 carParking Spaces

Description

Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and open concept floor plan with large deck overlooking the river. Extra $400/month income from the billboard on the side of the building. Take advantage of this unique property with...Great opportunity for investment property with a 9.5% cap rate! Nice office space on 1st floor to lease or run your business. Garage space can be part of the 1st floor office or rented separately. Two apartments on the 2nd floor with 2 bedrooms each. One recently remodeled. The larger unit has space on the 3rd floor and open concept floor plan with large deck overlooking the river. Extra $400/month income from the billboard on the side of the building. Take advantage of this unique property with great cash flow! Projected gross income of $46,128 with total expenses (not including mortgage) of $15,906. Current owner would consider a short term lease back on the 1st floor office space.

Sold By Oceans Edge Real Estate LLC

Listed by: Andrew Kieffer • BHHS Verani Bedford

Listing closed: 05/21/2021 12:00 AM • Source: New England Real Estate Network, MLS#: 4845841

Recent comparable sales

Median sold price

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Avg days on market

Sale-to-list ratio

103.2%

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747 Silver Street, Manchester, NH 03103

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$1,882 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$662

HOA Dues

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Property Information for 159 South Main Street

Property Details

Taxes: $7,940 / year
MLS Type: Multi Family
County: Hillsborough County
Parking: Driveway, Garage
Water Body Type: River
Water View: Yes
Zoning: B2

Building Information

Stories: 3
Residences: 3
Year Built: 1930
Lot Size: 0.11 AC / 4,791 SF

Summary

Location and General Information

City: Manchester
County: NH-Hillsborough

Directions: South Main Street to the corner of Winter Street
Latitude: 42.981162093893651
Longitude: -71.476070355819701
Road Frontage: Yes
Seasonal: No
State: NH
Street Designation: Street
Map: 0649
Zip: 03102

Taxes and HOA Information

Tax - Gross Amount: $7,940.00
Tax Year: 2020

Taxes TBD: No

School Information

School - High: Manchester West High School
School - District: Manchester Sch Dst SAU #37

School - Elementary: Gossler Park Elementary School
School - Middle/Jr: Parkside Middle School

Parking

Garage: Yes
Garage Capacity: 1.00

Driveway: Paved

Property

Lot Information

Block: 0000
Footprint: 27 x 91

Lot: 0028
Lot - Sqft: 4792.0
Lot Size Acres: 0.11
Road Frontage Length: 160.0
Square Feet Apx Finished Above Grade: 4471.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Finished BG Source: Public Records
Square Feet Apx Total: 5875.0
Square Feet Apx Total Finished: 4471.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished AG Source: Public Records
Square Feet Apx Unfinished Below Grade: 1404.0
Square Feet Apx Unfinished BG Source: Public Records
Water Body Name: Piscataquog River

Property and Assessments

Current Use: No
Assessment Amount: $321,900

Assessment Year: 2020
Property Class: Multi-Family
Flood Zone: Yes
Foundation: Pier/Column, Stone
PreConstruction: No
Surveyed: No
Year Built: 1930

Utilities

Electric Company: Eversource
Cable Company: Comcast

Fuel Company: Liberty Utilities
Electric: Circuit Breaker(s)
Sewer: Public
Utilities: Cable - Available
Total Gas Meters: 2
Total Electric Meters: 3
Separate Utilities: No

Interior and Exterior Features

Exterior Features

Color: Beige
Features - Exterior: Deck

Roads: Public
Roof: Membrane, Metal, Shingle - Asphalt
Total Ranges: 2

Interior Features

Basement: Yes
Basement Access Type: Interior

Basement Description: Dirt Floor, Unfinished
Total Full Baths: 3
Flooring: Carpet, Vinyl
Heat Fuel: Gas - Natural
Heating: Hot Air, Hot Water
Cooling: None
Total Rooms Above Ground: 12
Total Stories: 3
Trash: Municipal

Multi Family

Income & Expenses Information

Gross Income: $43,128.00
Operating Expense Incl: Heat, Insurance, Utilities, Water, Water/Sewer

Operating Expense: $15,906

Multi-Family Information

Total Units: 3
Total 1 BR Units: 0

Total 2 BR Units: 2
Total 3+ BR Units: 0

Unit Information

Unit 1

Unit 1 Style: Office
Unit 1 Lease Term: Month to Month

Unit 1 Level Number: 1
Unit 1 Rooms: 4
Unit 1 Tenant Pays: Electric, Heat, Hot Water

Unit 2

Unit 2 Lease Term: Annual
Unit 2 Style: Garden

Unit 2 Baths: 1
Unit 2 Rooms: 4
Unit 2 Rental Agremnt: Yes
Unit 2 Status: Leased
Unit 2 Level Number: 2 Front
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 2
Unit 2 Rental Amount: $1,200.00
Unit 2 Tenant Pays: Electric, Heat

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Baths: 2

Unit 3 Rooms: 5
Unit 3 Rental Agremnt: Yes
Unit 3 Level Number: 2 Rear
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Month to Month
Unit 3 Style: Garden
Unit 3 Bedrooms: 2
Unit 3 Rental Amount: $1,244.00
Unit 3 Tenant Pays: Electric

Rental

Rent Information

Total Leases: 2

Property History for 159 South Main Street

Date	Event & Source	Price	Appreciation
May 21, 2021	Sold (Public Record) Public Record #1461330114	$240,000	+92.6% / yr
May 21, 2021	Sold New England Real Estate Network #4845841	$240,000	—
Mar 29, 2021	Pending New England Real Estate Network #4845841		—
Feb 1, 2021	Price Change New England Real Estate Network #4845841	$295,000	—
Feb 1, 2021	Listed (Active) New England Real Estate Network #4845841	$249,900	—
Mar 8, 2019	Expired New England Real Estate Network #4723813		—
Oct 16, 2018	Listed (Active) New England Real Estate Network #4723813	$218,500	—
Dec 8, 2017	Sold (Public Record) Public Record #611348575	$25,000	—

Date	Event & Source	Price
05/21/2021	Sold (Public Record) Public Record #1461330114	$240,000 +92.6% / yr
05/21/2021	Sold New England Real Estate Network #4845841	$240,000
03/29/2021	Pending New England Real Estate Network #4845841	—
02/01/2021	Price Change New England Real Estate Network #4845841	$295,000
02/01/2021	Listed (Active) New England Real Estate Network #4845841	$249,900
03/08/2019	Expired New England Real Estate Network #4723813	—
10/16/2018	Listed (Active) New England Real Estate Network #4723813	$218,500
12/08/2017	Sold (Public Record) Public Record #611348575	$25,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 159 South Main Street

Taxable ValueLand$122,400Additions$143,100Total$265,500

Tax Record2024$5,198 ($433 / month)

Home Facts

Total Finished SqFt4,471 SqFtAbove Grade Finished SqFt4,471 SqFtStories3Lot Size4,773 SqFtStyleOffice BuildingYear Built1930Year Renovated1930CountyHILLSBOROUGHAPNMNCH M:0649 B:000 L:0028

Schools near 159 South Main Street

This home is within Manchester School District.


Rating	School	Type	Grades	Distance
3/10	Gossler Park School	Public - Serves this home	PK to 4	0.6 mi
2/10	Middle School At Parkside	Public - Serves this home	5 to 8	0.5 mi
1/10	Manchester West High School	Public - Serves this home	9 to 12	0.4 mi
2/10	Henry Wilson Elementary School	Public - Nearby school	K to 5	1.5 mi
2/10	Manchester School Of Technology (High School)	Public - Choice school	9 to 12	2.5 mi
NR	St Benedict Academy	Private - Nearby school	PK to 6	0.2 mi
NR	Kiddie Corner Learning Center	Private - Nearby school	K to 4	0.9 mi


Rating	School	Distance
3/10	Gossler Park School PublicPK to 4 Serves this home	0.6 mi
2/10	Middle School At Parkside Public5 to 8 Serves this home	0.5 mi
1/10	Manchester West High School Public9 to 12 Serves this home	0.4 mi
2/10	Henry Wilson Elementary School PublicK to 5 Nearby school	1.5 mi
2/10	Manchester School Of Technology (High School) Public9 to 12 Choice school	2.5 mi
NR	St Benedict Academy PrivatePK to 6 Nearby school	0.2 mi
NR	Kiddie Corner Learning Center PrivateK to 4 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 159 South Main Street, Manchester, NH 03102	$240,000	4	3	4,471	4,791
149 South Main Street, Manchester, NH 03102	$335,000	–	–	2,358	12,339
22 Winter Street, Manchester, NH 03102	$105,000	2	1	728	2,613
21 Winter Street, Manchester, NH 03102	$133,000	3	1	1,026	3,484
169 South Main Street, Manchester, NH 03102	–	–	–	5,026	6,354
29 Winter Street, Manchester, NH 03102	$115,000	3	1	839	2,178
143 South Main Street, Manchester, NH 03102	$220,000	–	–	2,930	8,227
247 South Main Street, Manchester, NH 03102	–	–	–	7,619	68,395
127 South Main Street, Manchester, NH 03102	–	–	–	2,828	15,931
221 Blaine Street, Manchester, NH 03102	–	–	–	2,500	6,254
39 Winter Street, Manchester, NH 03102	$299,900	4	2	3,120	6,969
5 Varney Street, Manchester, NH 03102	–	–	–	2,728	13,458
40 Winter Street, Manchester, NH 03102	$415,000	–	–	5,466	59,193
43 Winter Street, Manchester, NH 03102	$265,000	–	–	2,160	596
128 South Main Street, Manchester, NH 03102	–	–	–	5,984	22,283
224 Cleveland Street, Manchester, NH 03102	–	–	–	1,755	8,824

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Listing Courtesy of BHHS Verani Bedford

Copyright 2026 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/05/2026 09:43 AM

Manchester, NH

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