 603-643-3942
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Price Change! reduced by $2,109,900 on February 15th 2025 $940,000 | $213 per sq.ft. | MLS# 5022061 A 6 Unit Multi Family Home, 187 Merrimack Street Manchester NH With 2 - One Bedroom Units | 4 - Two Bedroom Units |
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| 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! |
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Annual Expenses
Taxes: $10,113 |
Income
Gross Income | $ NetIncome | $ |
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| FEATURES AND DETAILS |
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CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 213.15 | Year Built: 1910 |
LAND DESCRIPTION:
LOT DESCRIPTION: Level |
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ADDITIONAL INFORMATION
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SCHOOLS
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Living room
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Bedroom #1
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Living room
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Bathroom
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Bedroom #2
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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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.
Data last updated February 19th, 2025 |
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