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Listing courtesy of PRIME_MLS / Chelsea Leveille / Keller Williams Realty-Metropolitan

366 Kelley

Manchester, NH 03102

– beds
– baths
3,992 sqft
5,227 sqft lot
$181 per sqft
1940 build
– on site

Fantastic Investment Opportunity – Fully Rented 4-Unit Mixed-Use Property with Nearly 9% Cap Rate! This exceptional four-unit building is a rare find, offering a strong return with gross annual rent exceeding $76,000 and a cap rate approaching 9%. Perfect for savvy investors looking to expand their portfolio with a fully leased, turn-key asset. The property features three beautifully updated residential units—two 1-bedroom units and one spacious 3-bedroom unit—all in excellent condition. In addition, the building includes a versatile commercial space currently operating as a restaurant-style unit, with the potential to be easily split into two commercial storefronts, as it once was. Extensive upgrades were completed in 2013–2014, including all-new electrical, plumbing, siding, and roofing, ensuring low maintenance for years to come. Other highlights include: • Fully rented with stable income • Excellent condition throughout • Off-street parking for tenants • Located in a high-visibility area with strong rental demand Whether you’re looking to generate immediate cash flow or explore future development potential, this property checks all the boxes. Don’t miss out on this solid income-producing asset! ALL tenants would love the opportunity to renew lease! GROUP SHOWINGS ONLY beginning SUNDAY June 29 1-2:30 with pre-confirmed attendance only.

Listing courtesy of PRIME_MLS / Chelsea Leveille / Keller Williams Realty-Metropolitan

Last checked: Checking… • Last updated Jun 28, 2025 •

MLS# 5049069 —

The Building

Year Built:

1940
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Multi-Family
Roof:

Rolled
Foundation:

Concrete
Total Stories:

2
Total Units:

4
Approx SqFt Total:

5988
Approx SqFt Total Finished:

3,992 Sqft
Approx SqFt Finished Above Grade:

3,992 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Assessor
Approx SqFt Unfinished Below Grade:

1996
Approx SqFt Finished Building Source:

Assessor
Approx SqFt Unfinished Building Source:

Assessor
Approx SqFt Finished Above Grade Source:

Assessor
Road Frontage Type:

Paved, Public Maintained Road, Public

Interior

Flooring:

Carpet, Vinyl
Basement:

Yes
Basement Description:

Concrete
Basement Access Type:

Walk-up
Room 5 Type:

Leased

Room Dimensions

Room 18 Dimensions:

commercial
Room 19 Dimensions:

garden

Location

Map:

187
Latitude:

42.994924152778353
Longitude:

-71.485455542327884

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot:

39
Lot Features:

Level
Lot SqFt:

5,227 Sqft
Lot Acres:

0 Sqft
Zoning:

Mixed Use/Commercial
Exterior Features:

Porch - Covered
Driveway:

Paved
Road Frontage:

Yes
Road Frontage Length:

150 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$6,846.18

Baths

Total Full Baths:

3
Unit 2 Baths:

1

The Listing

Price Per SqFt:

181.61
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Forced Air, Hot Water
Total Heat Units:

4
Total Water Heaters:

4
Fuel Company:

Liberty

Utilities

Utilities:

Cable, Gas - On-Site, Phone
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Gas Meters:

4
Total Electric Meters:

5
Trash:

Municipal

Appliances

Total Refrigerators:

3

Schools

Elementary School:

Northwest Elementary School
Middle Or Junior School:

Parkside Middle School
High School:

Manchester West High School
School District:

Manchester Sch Dst SAU #37

The Community

Covenants:

Unknown
Assessment Year:

2023
Assessment Amount:

363000

Parking

Parking:

Parking Spaces 5 - 10, Paved

Extra Units

Unit 2 Bedrooms:

1
Total 3+ BR Units:

1
Unit 3 Style:

garden
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

3
Unit 4 Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/27/25 Jun 27, 2025	Listed / Active	PRIME_MLS	$725,000

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This multifamily located in West Side Manchester, Manchester, NH 03102 is currently for sale for $725,000. 366 Kelley is a 3,992 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 366 Kelley is in the West Side Manchester neighborhood of Manchester and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Northwest Elementary School, Manchester West High School, and Middle School At Parkside.

Listing Courtesy of: PRIME_MLS and Keller Williams Realty-Metropolitan.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.