574 Belmont StreetManchester, NH 03104MLS Number 5114570

Lovingly maintained by the same family for over 30 years, this charming 1920s home is ready for its next chapter! Priced below assessed value, this unique property presents a remarkable opportunity for homeowners, investors, or those seeking flexible living arrangements. Currently utilized as a two-family residence, the home offers the potential to return to single-family living or explore additional units, subject to city approvals. Situated on a corner lot in Manchester's desirable Hanover Hill neighborhood, this property enjoys the charm of spacious lots with city conveniences just minutes away. The main living area features 3-4 bedrooms, a beautifully appointed full bathroom with a soaking tub and custom cabinetry, and a kitchen with updated appliances, including a side-by-side refrigerator/freezer combination. A comfortable sitting room flows seamlessly into the formal dining area, while an office and half bath complete this level. Downstairs, a bonus room with a separate entrance and 3/4 bath offers additional flexibility for guests, a home office, or recreation. The upper portion of the home features three additional bedrooms, a full bathroom, kitchen, and living room. The third level includes a laundry room and additional attic space with potential for future finished living area, subject to necessary approvals. A standout feature is the spacious three-bay carriage house, offering room for multiple vehicles and generous overhead storage, with potential for additional uses or development, subject to city approvals. Recent improvements include a newly paved driveway and walkway, a new roof on the carriage house and updated electrical throughout the home. Additional highlights include public water and sewer, a natural gas furnace, two electric meters, and a Certificate of Compliance (COC) valid through December 2027. With its character, generous space, and versatile possibilities, this property is a rare opportunity to make something truly special!