575 Summer St

Manchester, NH 03103

$850,000
Price
7
Beds
4,320 Sq. Ft.
$197 / Sq. Ft.
4,320
Sq. Ft.
$197
per Sq. Ft.
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New
New

Description

Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property...Exceptional investment opportunity with strong cash-flow potential! This well-maintained 4-unit multifamily property offers over 4,300 square feet of rentable living space and features an attractive unit mix of two spacious 3-bedroom units and two 1-bedroom units. Designed for efficiency and investor-friendly ownership, all utilities are separately metered, with tenants responsible for their own utility expenses, significantly reducing owner overhead and maximizing net operating income. The property is serviced by natural gas, includes off-street parking, and offers added tenant convenience with washer/dryer hookups in both 3-bedroom units, plus additional laundry hookups in the basement, creating the potential for supplemental income through a shared laundry area. One of the most compelling features is the opportunity for future revenue growth. Three of the four units are currently occupied on month-to-month leases, providing flexibility for an investor to adjust rents to market rates and optimize cash flow. The property has been cared for by long-term, reliable tenants who pay on time and take pride in maintaining their homes, helping to preserve the condition of the building while providing stable income. Whether you're looking to expand your portfolio, execute a value-add strategy, or secure a turnkey asset with upside potential, this property checks all the boxes. With strong fundamentals, low operating expenses, separate utilities, and significant room to increase income, this is a rare chance to acquire a multifamily asset with both immediate cash flow and long-term appreciation potential. Don't miss the opportunity to unlock the full earning power of this investment property. Group showings Tuesday 6/8 at 6pm, Thursday 6/10 at 12pm and Saturday 6/13 at 1pm by APPOINTMENT ONLY!
  1. Listed by Nikki Kalantzis • Realty One Group Next Level

Property Details for 575 Summer Street

Zoning
Residential Multi Family
LISTING UPDATED: 06/08/2026 09:48 PM

Property Details for 575 Summer Street

StatusActive
MLS #5093367
Days on Market1
Taxes$9,537 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1920
Lot Size0.12 AC / 5,227 SF
CountyHillsborough County
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Location

Listing Courtesy of Realty One Group Next Level
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Building Information for 575 Summer Street

Stories3Residences4Year Built1920Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

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$5,030 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,236

Property Taxes

$795

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 575 Summer Street

Summary
Location and General Information
  • City: Manchester
  • County: NH-Hillsborough
  • Latitude: 42.984096605589507
  • Longitude: -71.448354542327877
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 44
  • Zip Code: 03103
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 1
  • Lot Features: City Lot
  • Lot Size Acres: 0.12
  • Total Finished Area: 4320.0
  • Above Grade Finished Area: 4320.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Other
  • Below Grade Unfinished Area: 1430.0
  • BelowGradeUnfinishedAreaSource: Assessor
  • Lot Size Square Feet: 5227.0
  • Total Area: 5750.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
  • School District: Manchester School District
Utilities
  • Electric Company: eversource
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Total Gas Meters: 4
  • Total Electric Meters: 5
  • Internet: High Speed Intrnt Avail
  • Water Company: manchester water/sewer
Interior and Exterior Features
Exterior Features
  • Color: Yellow
  • Construction Materials: Wood Frame
  • Roof: Flat, Other
  • Total Ranges: 4
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 4
  • Flooring: Hardwood, Other
  • Heating: Natural Gas
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 3
  • Total Water Heaters: 4
Multi Family
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 2
  • Total Heat Units: 5
Unit Information
Unit 1
  • Unit 1 Style: garden
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $1,400.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Style: garden
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 5
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 3
  • Unit 2 Rental Amount: $1,800.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 5
  • Unit 3 Level Number: 3
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,500.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: garden
  • Unit 4 Rooms: 3
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,350.00
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water
Rental
Rent Information
  • Total Leases: 4

Property History for 575 Summer Street

DateEvent & SourcePriceAppreciation
Jun 8, 2026

Listed (Active)

New England Real Estate Network #5093367

$850,000—
Jun 25, 2021

Sold (Public Record)

Public Record #1465421940

$490,000

+9.0% / yr

Jun 16, 2021

Sold

New England Real Estate Network #4877889

$490,000—
DateEvent & SourcePrice
06/08/2026

Listed (Active)

New England Real Estate Network #5093367

$850,000
06/25/2021

Sold (Public Record)

Public Record #1465421940

$490,000

+9.0% / yr

06/16/2021

Sold

New England Real Estate Network #4877889

$490,000

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

Public Records for 575 Summer Street

Taxable ValueLand$78,000Additions$409,100Total$487,100
Tax Record2024$9,537 ($795 / month)
Home Facts
Baths4Total Finished SqFt4,320 SqFtAbove Grade Finished SqFt4,320 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyHILLSBOROUGHAPNMNCH M:0044 B:000 L:0001

Schools near 575 Summer Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Beech Street School
Public - K to 4
Hillside Middle School
Public - 5 to 8
Manchester Central High School
Public - 9 to 12
Manchester School Of Technology (High School)
Public - 9 to 12
Rating
School
Distance
Beech Street School
PublicK to 4

Hillside Middle School
Public5 to 8

Manchester Central High School
Public9 to 12

Manchester School Of Technology (High School)
Public9 to 12

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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More information about 575 Summer Street, Manchester, NH 03103

575 Summer Street is a multi-family home for sale in Manchester, NH 03103. This property was listed for sale on June 8, 2026 by Realty One Group Next Level, it's currently listed at $850,000. It has been on the market for a total of 1 days and was last sold on June 25, 2021. This listing's school district is Manchester School District. Nearby schools include Beech Street School, Hillside Middle School and Manchester Central High School. 575 Summer Street is a 7-bed, 4-bath, 4,320 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Next Level

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 06/09/2026 08:57 PM