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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Blaise B Blouin Coldwell Banker Realty Bedford NH Cell: 603-494-9798

$ 589,500

Est. payment -/mo

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227 Laval ST Manchester, NH 03102

4 Beds

2 Baths

1,924 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,924 sqft

Price per Sqft $306

MLS Listing ID 5115915

Style Colonial,Multi-Family

Bedrooms 4

Full Baths 2

Construction Status Existing

Year Built 1915

Annual Tax Amount $5,898

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Description

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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Res

Rooms

Basement Basement Stairs, Concrete Floor, Exterior Access, Exterior Stairs, Full, Interior Access, Interior Stairs, Partially Finished

Interior

Heating Natural Gas

Cooling None

Exterior

Parking Features No

Utilities Available Cable Available

Roof Type Asphalt Shingle

Building

Lot Description City Lot, Curbing, Level, Street Lights, Near Shopping, Neighborhood, Near Public Transport, Near School(s)

Story 2.5

Sewer Public

Water Public

Architectural Style Colonial, Multi-Family

Construction Status Existing

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

227 Laval ST Manchester, NH 03102

Key Details

Location

Rooms

Interior

Exterior

Building

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227 Laval ST