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Pam Cameron

cameronhometeam@gmail.com +1(603) 770-5096

Listed by Mike Giannone • The Aland Realty Group

$ 3,049,900

Est. payment -/mo

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Active

187 Merrimack ST Manchester, NH 03103

10 Beds

6 Baths

4,410 SqFt

UPDATED:

11/13/2024 10:02 PM

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

Pam Cameron

Agent

+1(603) 770-5096

Pam Cameron

187 Merrimack ST Manchester, NH 03103

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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187 Merrimack ST