187 Merrimack ST Active 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
Architectural Style Apartment Building
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