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!