187 Merrimack Street, Manchester, NH 03103
187 Merrimack Street

187 Merrimack Street

187 Merrimack Street, Manchester, NH

$3,049,900

HIGHLIGHTS
  • 10 Beds
  • 6,970 Sq.Ft. Lot
  • 4,410 Sq.Ft. Living
  • 1910 Year Built
  • For Sale Status
  • 5022061 MLS® ID
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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FEATURES & AMENITIES

Interior

  • Total Bedrooms10
  • Total Bathrooms6

Area & Lot

  • Status For Sale
  • Living Area4,410 Sq.Ft.
  • Lot Area6,970 Sq.Ft.
  • MLS® ID5022061
  • TypeMulti-Family
  • YEAR BUILT1910
  • Elementary SchoolBeech Street School
  • Middle SchoolSouthside Middle School
  • High SchoolCentral High School
  • School DistrictManchester Sch Dst SAU #37

Exterior

  • roofSlate
  • parkingOff Street
  • HEAT TYPESpace Heater, Gas - Natural
  • AIR CONDITIONINGNone
  • sewerPublic

Financial

  • Sales Price$3,049,900
  • Real Estate Tax $10,113/yr

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At Brick & Barn Group | Compass, we are New England Real Estate experts! Are you buying or selling a home? Contact us and let's explore how we can work together!

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