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Investment Highlights

  • Fully occupied – stabilized asset
  • Complete renovation throughout – truly turnkey
  • Separately metered for gas heat & electricity (tenant-paid)
  • Less than one block from Elm Street in downtown Manchester
  • On-site coin-operated laundry (additional income)
  • Durable membrane roof

Executive Summary

Located less than a block off Elm Street and near several new downtown developments, this remodeled brick multifamily building features nine fully occupied and updated units—seven one-bedroom and two two-bedroom apartments. Each tenant is separately metered and pays their own gas heat and electricity, while the owner covers hot water. The property has been completely renovated, including new Rinnai gas heating systems, vinyl plank flooring with partial subfloor replacement, rebuilt interior walls, updated kitchens and bathrooms, new doors, and fresh woodwork throughout, along with significant plumbing updates and upgraded electrical panels. A total of 54 new windows have been installed, and the building is topped with a long-lasting membrane roof. Exterior upgrades include new entryway awnings, security spotlights with cameras, and a reinforced, overimproved structure. Additional amenities include on-site coin-operated laundry, three off-street parking spaces (leased separately), plentiful on-street parking, and a public lot directly across the street. With fully renovated units and minimal deferred maintenance, this property offers an excellent turnkey investment in one of Manchester’s most desirable rental locations.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $21,936 $4.06
Operating Expenses - -
Total Expenses $21,936 $4.06

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $21,936
Annual Per SF $4.06
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $21,936
Annual Per SF $4.06

Property Facts

Price $2,260,021 CAD
Price Per Unit $251,113 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 7,200 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2025
Parking Ratio 1.39/1,000 SF
Opportunity Zone Yes
Zoning Residential

Amenities

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 - -
2+1 2 - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
MNCH-000039-000000-000045
Land Assessment
$154,092 CAD (2024)
Improvements Assessment
$929,759 CAD (2024)
Total Assessment
$1,083,851 CAD (2024)
Annual Taxes
$21,936 CAD ($3.05 CAD/SF)
Tax Year
2025
  • Listing ID: 40270875

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 66 Orange St, Manchester, NH 03104

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