$3,049,900
187 Merrimack Street
Manchester
Listing Courtesy of
Mike Giannone
The Aland Realty Group - 603-501-0463
187 Merrimack Street, Manchester NH 03103
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!
Listing Courtesy of
Mike Giannone
The Aland Realty Group - 603-501-0463
DETAILS
- Listing Id5022061
- StatusActive
- TypeMulti-Family
- Year Built1910
- BasementYes
- Basement Access TypeInterior
- Basement DescriptionUnfinished
- Construction StatusExisting
- CoolingNone
- DrivewayPaved
- Electric100 Amp, Circuit Breaker(s)
- Flood ZoneNo
- FoundationStone
- GarageNo
- Heat FuelGas - Natural
- HeatingSpace Heater
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length80
- RoadsPublic
- RoofSlate
- School DistrictManchester Sch Dst SAU #37
- School ElementaryBeech Street School
- School HighCentral High School
- School Middle JrSouthside Middle School
- SewerPublic
- Total Stories3
- UtilitiesCable, Cable - Available, Phone
Loading...
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 21/11/2024