Quick Search
Seacoast Town Listings
Popular Searches
Bentley By The Sea
86 Lafayette RdRoute 1
North Hampton, NH 03862
(603) 964-7277
187 Merrimack
Manchester, NH
MLS Number: 5022061
Manchester, NH
MLS Number: 5022061
Price: $3,049,900.00
4410
Sq Feet
Sq Feet
0.16
Acres (approx)
Acres (approx)
Listed Agent: Mike Giannone
Listing Office: The Aland Realty Group 603-501-0463
Listing Date: Nov 13, 2024 - Active
Listing Office: The Aland Realty Group 603-501-0463
Listing Date: Nov 13, 2024 - Active
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!
Basic Information
City/Town
Manchester
County
NH-Hillsborough
Taxes/Year
$10,112.74 / 2024
Year Built
1910
Garage
0 cars
Sq. Footage
4410 SF
School District
Manchester Sch Dst SAU #37
Elem School
Beech Street School
Middle School
Southside Middle School
High School
Central High School
Zoning
Residential R3
Lot Size
0.16 Acres (approx)
Property Features
Max Width
600 ft
Max Length
2 ft
Basement
Y
Basement
Unfinished
Driveway
Paved
Electric
100 Amp, Circuit Breaker(s)
Garage/ Parking
Off Street
Heating/ Cooling
Space Heater
Stories
3
Roof
Slate
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Date last updated 11/21/2024.
Photos Updated on 11/13/2024 8:55 pm