About This Home

This 4-bedroom, 2-bathroom residential multi family at 227 Laval Street in Manchester, NH is listed for $589,500 ($306 per sqft). Built in 1915, the home offers 1,924 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1915
  • 0.10 acre lot
  • 3 stories

Property Details

3 stories
2 full
1915
Listing 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 expen

ses, 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.

Monthly Cost Estimate

$3,153/mo

20% down · 6.5% · 30 years

Principal$426
Interest$2,555
Insurance$172

Estimates only. Actual payments may vary.

Location

227 Laval Street

Manchester, NH 03102

Property Details

Construction

Wood Frame Vinyl Siding

Heating

Natural Gas

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 227 Laval Street is listed at $589,500 ($306/sqft). The estimated monthly payment is $3,153 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.10 acre lot, 3 stories.

This property is listed by Blaise Blouin.

BB

Blaise Blouin

Agent at Coldwell Banker Realty

Listed by Coldwell Banker Realty · Broker phone: (603) 848-9559 · View on Broker Site · Broker website

MLS# 5115915· Source: PrimeMLS· 5 days on PropertySimple

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

227 Laval Street, Manchester, NH 03102

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