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: $3,199,000
Price Per SqFt: $284/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: 11/17/2024, 5:20:48 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 school0.52 miles
Public District Grades KG-5
1
/10
Henry Wilson Elementary School
555 Cedar 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 school0.88 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Middle School at Parkside
75 Parkside Ave
Distance between this listing and this school0.99 miles
Public District Grades 5-8
2
/10
Hillside Middle School
112 Reservoir Ave
Distance between this listing and this school1.02 miles
Public District Grades 6-8
1
/10
Southside Middle School
300 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
535 Beech St
Distance between this listing and this school0.34 miles
Public District Grades 9-12
1
/10
Manchester West High School
9 Notre Dame Ave
Distance between this listing and this school0.79 miles
Public District Grades 9-12
2
/10
Manchester Memorial High School
1 Crusader Way
Distance between this listing and this school2.09 miles
The neighbors living near this home have an average income of $17,453. Residents of Manchester, NH typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Manchester, NH
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Manchester, NH?
Manchester's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles in the area are varied, with a notable presence of colonial, ranch, and Victorian homes. A significant portion of the housing stock was constructed during the late 20th century, reflecting a period of growth and development. The city has a healthy homeownership rate, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.
Is Manchester, NH a good place to live?
Manchester prides itself on a vibrant community spirit, underscored by annual events that showcase the city's cultural heritage and local talent. The city's character is further enriched by its public parks, museums, and art galleries, which serve as hubs for community engagement and cultural expression. Residents and visitors alike enjoy a variety of recreational and entertainment options that contribute to the city's lively yet family-friendly atmosphere.
Are things conveniently located in Manchester, NH?
The city is served by a robust educational system, including numerous public schools that span elementary to high school levels, alongside private institutions that cater to a range of educational needs. Manchester is home to several healthcare facilities, offering services from primary care to specialized medical treatments. The public library system is well-established, providing residents with access to a wealth of resources and programs. Retail and dining options reflect the local culture, with a blend of national chains and independent businesses that cater to a variety of tastes and preferences.
What does the transportation in Manchester, NH look like?
Manchester's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting within the city and to neighboring areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is increasingly focusing on enhancing walkability and bikeability, particularly in the downtown area, to promote a more pedestrian-friendly environment. Ride-sharing services are operational, complementing the existing transportation options and offering additional convenience for residents and visitors.
Frequently Asked Questions About 119 Hanover St
What is the listing price of this property?
The listing price of 119 Hanover St property is $3,199,000.
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 September 03, 2024 and is currently priced at $3,199,000.
Between September 2024 and October 2024, Manchester, NH real estate market has seen increase in the number of listings by 100%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $429,450.
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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