355-357 Merrimack ST Active Save Request In-Person Tour Request Virtual Tour
Manchester,NH 03103
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,541 sqft
Price per Sqft $188
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
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 with 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. Current annual return over 7%+ CAP RATE. Offers excellent investment potential, so don't miss your chance to own this income-generating Multi-family in Manchester, NH.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Residential
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
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
Architectural Style Apartment Building
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