Homes for sale - 355-357 Merrimack ST, Manchester, NH 03103

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Dec

Mon

Dec

Tue

Dec

Onest Realestate

[email protected] +1(833) 663-7803

Listed by Mike Giannone • The Aland Realty Group

$ 3,049,900

Est. payment | -/mo

10 Beds

6 Baths

4,541 SqFt

Save

$ 3,049,900

Est. payment | -/mo

Save

10 Beds

6 Baths

4,541 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,541 sqft

Price per Sqft $671

MLS Listing ID 5022063

Bedrooms 10

Full Baths 6

Construction Status Existing

Year Built 1920

Annual Tax Amount $8,735

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 355 - 357 Merrimack Street, Manchester, NH is a 5-unit multi-family property. This property features two structures; The first structure is 355 Merrimack Street, a single-family home with 3 bedrooms, 1 bathroom, and 1,220 square feet of living space. Great value-add potential. The second structure is 357 Merrimack Street which is a four-unit building that includes three (3) spacious two-bedroom, one-bathroom apartments ranging from 800 to 900 square feet, and one (1) - one bedroom, one bathroom, 600 square feet unit. Some units are renovated and move-in ready in the four-unit building. This property generates approximately $7600 in monthly gross rental income. This property must be sold as a part of the 19-unit portfolio; 187 Merrimack Street, MLS#5022061, 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

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Heating Gas - Natural

Cooling None

Exterior

Garage Description Off-Site, On-Site

Utilities Available Cable, Other, Phone

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Stone

Sewer Public

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

Onest Realestate

Broker Associate

+1(833) 663-7803 | [email protected]

355-357 Merrimack ST Manchester, NH 03103

Onest Realestate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

GET MORE INFORMATION

Go tour this home

355-357 Merrimack ST