119 Hanover Street is a turnkey, mixed-use investment opportunity positioned on the corner of Hanover and Chestnut in the heart of Manchester’s downtown. Sited within a block of major attractions such as the Hanover Street Chophouse, The Palace Theater, and several new multifamily developments, this location is second to none. This two-story brick building boasts 11 apartments (a mix of studio and 1-bedrooms), 5 retail units, and a leased billboard, all of which have seen significant renovations over the last two years. These upgrades include new electrical panels, updated unit plumbing, new high efficiency mini-splits, a new rubber roof, and a freshly painted façade. Additionally, each of the apartments have been painstakingly remodeled with high-end finishes including granite countertops, stainless-steel appliances, premium-LVP flooring, and in-unit air conditioning. The residents can also access the free high-speed wireless internet newly installed throughout the building, utilize the brand-new laundry room, and benefit from the high-resolution cameras providing interior and exterior coverage of the property. All of the commercial units are fully occupied on multi-year leases with a mix of retail and restaurant tenants. The billboard presents additional opportunity for value-add with an at-will operator that has been renting for almost three decades at a below market rate. Don’t let this opportunity to own a turnkey building in Manchester’s downtown pass you by!
Property Details
Property Features
Property Information:
Year Built: 1910
Stories: 2
Living Area: 11,248 SqFt
Listing Office:
Office Name: Downtown Realty
Office Phone: (603) 554-2309
Listing Agent: Matthew Lefebvre
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Electric, Steam
Cooling: Zoned
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Price Per SqFt: $320/SqFt
Tax Information:
Annual Amount: $17,097
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Manchester, NH.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 8:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 15, 2020
Oct 15, 2020Home Sold
$1,550,000
Jun 27, 2016
Jun 27, 2016Home Sold
$1,100,000
May 03, 2000
May 03, 2000Home Sold
$429,900
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$17,097
$693,300
2019
$16,861
$693,300
2018
$16,417
$693,300
2017
$16,168
$693,300
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Beech Street School
333 Beech St
Distance between this listing and this school0.53 miles
Public District Grades KG-5
1
/10
Wilson School
401 Wilson St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
6
/10
Polaris Charter School
100 Coolidge Ave
Distance between this listing and this school0.82 miles
Public Charter Grades 1-6
Nearby Schools
2
/10
Middle School At Parkside
75 Parkside Ave
Distance between this listing and this school0.97 miles
Public District Grades 6-8
2
/10
Hillside Middle School
112 Reservoir Ave
Distance between this listing and this school1.01 miles
Public District Grades 6-8
1
/10
Southside Middle School
140 S Jewett St
Distance between this listing and this school1.95 miles
Public District Grades 6-8
Nearby Schools
3
/10
Manchester Central High School
207 Lowell St
Distance between this listing and this school0.38 miles
Public District Grades 9-12
1
/10
Manchester West High School
9 Notre Dame Ave
Distance between this listing and this school0.82 miles
Public District Grades 9-12
1
/10
Making Community Connections Charter School (H)
60 Rogers St Unit 203
Distance between this listing and this school0.97 miles
The neighbors living near this home have an average income of $17,453. Typical income of Manchester, NH residents is less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 119 Hanover St
What is the listing price of this property?
The listing price of 119 Hanover St property is $3,600,000.
What type of property is this?
The property 119 Hanover St is land located in Manchester, New Hampshire, 03101.
Is this property for sale now?
Active Listing: 119 Hanover St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $17,097 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 15, 2020 for $1,550,000. (source: MLS/tax record).
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This home is located at 119 Hanover St in Manchester, NH and zip code 03101. This 11,248 square foot home, which was built in 1910, sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $3,600,000.
Over 34 listings were sold over their listed price in March 2024 in Manchester, NH. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price. Between February 2024 and March 2024, Manchester, NH real estate market has seen decrease in the number of listings by 8%. In March 2024 median list price was $392,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 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. 
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