194 Spruce St

3,579 Sq. Ft.
$196 / Sq. Ft.
3,579
Sq. Ft.
$196
per Sq. Ft.

Description

Fantastic Investment Opportunity with this Legal 5-Unit Multifamily. Discover the potential in this well-maintained 5-family property, offering a strong unit mix with two 1-bedroom units (units 2 and 4), two 2-bedroom units (units 1 and 4), and one 3-bedroom unit (unit 3). Built in 1910, this building blends historic character with essential modern updates. Previously utilized for city supportive housing, the property is compliant with two egresses for every unit, a sprinkler system, and a current...Fantastic Investment Opportunity with this Legal 5-Unit Multifamily. Discover the potential in this well-maintained 5-family property, offering a strong unit mix with two 1-bedroom units (units 2 and 4), two 2-bedroom units (units 1 and 4), and one 3-bedroom unit (unit 3). Built in 1910, this building blends historic character with essential modern updates. Previously utilized for city supportive housing, the property is compliant with two egresses for every unit, a sprinkler system, and a current Certificate of Compliance (COC) in process to be delivered at closing. Systems and structure have been responsibly maintained, providing a solid foundation for continued rental income or future value-add improvements. “As-is” sale, Parking in the alley behind the building, public parking on street in front of building. A rare chance to acquire a compliant, income-producing multifamily in a convenient location. Ideal for seasoned investors or those looking to expand their portfolio.
  1. Listed by Beth Decato • Keller Williams Realty-Metropolitan

Property Details for 194 Spruce Street

Zoning
residential
LISTING UPDATED: 01/22/2026 05:50 PM

Property Details for 194 Spruce Street

StatusActive
MLS #5074460
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.12 AC / 5,227 SF
CountyHillsborough County

Location

Listing Courtesy of Keller Williams Realty-Metropolitan
Add your commute

Building Information for 194 Spruce Street

Stories3Residences5Year Built1910Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,412 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,412

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 194 Spruce Street

Summary
Location and General Information
  • City: Manchester
  • County: NH-Hillsborough
  • Latitude: 42.986672303450405
  • Longitude: -71.455860000000001
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 60
  • Zip Code: 03103
Taxes and HOA Information
  • Tax Year: 0
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 00
  • Lot: 15
  • Lot Features: City Lot
  • Lot Size Acres: 0.12
  • Road Frontage Length: 50.0
Property and Assessments
  • Assessment Amount: $397,900
  • Assessment Year: 2024
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1910
Utilities
  • Electric: 100 Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities: No
  • Internet: DSL Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Asphalt Shingle
  • Total Ranges: 5
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 5
  • Heating: Natural Gas, Forced Air
  • Cooling: None
  • Total Refrigerators: 5
  • Total Stories: 3
  • Total Water Heaters: 1
Multi Family
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 2
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 1
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Level Number: 1
  • Unit 1 Rooms: 5
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Level Number: 1
  • Unit 2 Bedrooms: 1
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 6
  • Unit 3 Level Number: 2
  • Unit 3 Bedrooms: 3
Unit 4
  • Unit 4 Level Number: 2
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
Unit 5
  • Unit 5 Level Number: 3
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 5

Property History for 194 Spruce Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

New England Real Estate Network #5074460

$700,000
Mar 1, 2002

Sold (Public Record)

Public Record #285227635

$66,500
DateEvent & SourcePrice
01/20/2026

Listed (Active)

New England Real Estate Network #5074460

$700,000
03/01/2002

Sold (Public Record)

Public Record #285227635

$66,500

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

Public Records for 194 Spruce Street

Taxable ValueLand$39,000Additions$358,900Total$397,900
Home Facts
Baths6Total Finished SqFt3,579 SqFtAbove Grade Finished SqFt3,579 SqFtStories3Lot Size5,100 SqFtStyleClubsYear Built1910CountyHILLSBOROUGHAPNMNCH M:0060 B:000 L:0015

Schools near 194 Spruce Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Beech Street School
PublicK to 5

Henry J. Mclaughlin Middle School
Public6 to 8

Manchester Central High School
Public9 to 12

Henry Wilson Elementary School
PublicK to 5

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.

Similar Homes

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194 Spruce Street is a multi-family home for sale in Manchester, NH 03103. This property was listed for sale on January 20, 2026 by Keller Williams Realty-Metropolitan, it's currently listed at $700,000. It has been on the market for a total of 22 days and was last sold on March 1, 2002. This listing's school district is Manchester School District. Nearby schools include Beech Street School, Henry J. Mclaughlin Middle School and Manchester Central High School. 194 Spruce Street is a 9-bed, 5-bath, 3,579 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Metropolitan

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 02/11/2026 02:25 PM