227 Laval Street, Manchester, NH 03102
Local realty services provided by:CENTURY 21 North East
227 Laval Street,Manchester, NH 03102
$589,500
- 4 Beds
- 2 Baths
- 1,924 sq. ft.
- Multi-family
- Active
Listed by: blaise blouinCell: 603-494-9798
Office: coldwell banker realty bedford nh603-471-0777
MLS#:5115915
Source:PrimeMLS
Price summary
- Price:$589,500
- Price per sq. ft.:$204.26
About this home
Excellent opportunity to own this income-producing two-family property located at 227 Laval Street in Manchester! Offering two residential units with a combined 4 bedrooms, 2 bathrooms, and approximately 1,924 square feet of living space, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking rental income to help offset their housing expenses. Generating an impressive $4,700 per month in rental income ($56,400 annually), with current monthly rents of $2,700 and $2,000, this property offers established income potential in Manchester's rental market. Both units are currently leased. The recently updated first-floor unit offers comfortable living space along with access to a finished bonus room on the lower level, providing versatile additional space ideal for a spacious home office, hobby room, or recreational area. Additional features include storage areas, on-site washer and dryer hookups, parking, and ample outdoor space, perfect for entertaining, gatherings, or simply relaxing and enjoying the outdoors. Tenants are responsible for their own heat and electricity, an added benefit for investors seeking to minimize operating expenses. Conveniently located near shopping, restaurants, schools, downtown Manchester amenities, and major commuter routes, this property combines rental income potential with everyday convenience. Whether you're an experienced investor or purchasing your first multifamily property, 227 Laval Street offers an attractive combination of rental income, updated living space, flexible bonus space, and desirable property features. With approximately $48,002 in annual income after currently identified property taxes, insurance, and water/sewer expenses, this property offers an attractive starting point for investors evaluating cash flow and long-term rental potential. Don’t miss this excellent opportunity to acquire an established income producing rental property in Manchester NH....
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Home facts
- Year built:1915
- Listing ID #:5115915
- Added:1 day(s) ago
- Updated:October 29, 2026 at 11:47 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Concrete Floor, Exterior Access, Full, Interior Access, Partially Finished, Walk-up
- Living area:1,924 sq. ft.
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1915
- Building area:1,924 sq. ft.
- Lot area:0.1 Acres
- Levels:2.5 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$589,500
- Price per sq. ft.:$204.26
- Tax amount:$5,898 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Common/Shared, Paved Driveway
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