187 Merrimack ST new Save Request In-Person Tour Request Virtual Tour
Manchester,NH 03103
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,410 sqft
Price per Sqft $691
MLS Listing ID 5022061
Bedrooms 10
Full Baths 6
Construction Status Existing
Year Built 1910
Annual Tax Amount $10,112
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. Part value add, this multi-family property was constructed in 1910, stands 2.75 stories tall, and boasts a total of 10 bedrooms, 6 bathrooms, and 6 kitchens spread across 4,410 finished square feet. The property includes six (6)-units, four (4)-units with 2 bedrooms and 1 bathroom each, and two (2) units with 1 bedroom and 1 bathroom each, generating a monthly gross income of $9,800. Nestled in the Kalivas Union neighborhood, enjoy proximity to parks, shops, and entertainment. Conveniently located less than a mile from exit 5 Along Rt 293, it offers easy access to various amenities, making it ideal for daily activities and commuting. This property must be sold as part of the entire 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don’t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Residential R3
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Heating Gas - Natural
Cooling None
Exterior
Garage Description Off Street
Utilities Available Cable,Cable - Available,Phone
Roof Type Slate
Building
Story 3
Foundation Stone
Sewer Public
Construction Status Existing
Schools
Elementary Schools Beech Street School
Middle Schools Southside Middle School
High Schools Central High School
School District Manchester Sch Dst Sau #37