187 Merrimack
Manchester, NH 03103
- – beds
- – baths
- 4,410 sqft
- 6,970 sqft lot
- $691 per sqft
- 1910 build
- – on site
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 PRIME_MLS / Mike Giannone / The Aland Realty Group
Last checked:
Checking…
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Last updated Nov 14, 2024
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MLS# 5022061 —
The Building
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Year Built:1910
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Vinyl Siding
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Architectural Style:Apartment Building
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Roof:Slate
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Foundation:Stone
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Total Stories:3
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Total Units:6
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Approx SqFt Total:6469
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Approx SqFt Total Finished:4,410 Sqft
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Approx SqFt Finished Above Grade:4,410 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:396
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:1663
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
Interior
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Basement:Yes
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Basement Description:Unfinished
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Basement Access Type:Interior
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Room 5 Type:Leased
Location
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Directions:Take exit 5 to Granite St off 293. Continue up Granite, cross over Elm St. In .6 miles take a left onto Pine St. Take a right onto Merrimack St in 800 ft. Building is on the right.
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Map:0073
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Latitude:42.989235733911421
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Longitude:-71.458038495700833
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot:23
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Lot SqFt:6,970 Sqft
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Lot Acres:0 Sqft
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Zoning:Residential R3
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Driveway:Paved
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Roads:Public
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Road Frontage:Yes
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Road Frontage Length:80 Sqft
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Lot Features:Level
Listing Agent
- Contact info:
- Office phone:
- (603) 501-0463
Taxes
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Tax Year:2024
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Taxes TBD:Yes
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Tax - Gross Amount:$10,112.74
Beds
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Bedrooms - Level 3:1175
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Total 2 Bedroom Units:4
Baths
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Total Full Baths:6
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Full Baths Size:0 Sqft
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:691.59
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Space Heater
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Heat Fuel:Gas - Natural
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Total Water Heaters:6
Utilities
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Utilities:Cable, Cable - Available, Phone
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Separate Utilities:Varies
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Sewer:Public
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Electric:100 Amp, Circuit Breaker(s)
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Water Source:Public
Appliances
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Total Refrigerators:6
Schools
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Elementary School:Beech Street School
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Middle Or Jr High School:Southside Middle School
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High School:Central High School
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School District:Manchester Sch Dst SAU #37
The Community
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Condo Name:Monthly
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Marina Name:Monthly
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Covenants:No
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Assessment Year:2023
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Assessment Amount:536200
Parking
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Parking:Off Street
Extra Units
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Unit 1 Bedrooms:2
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Unit 1 Approx SqFt:830 Sqft
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Unit 2 Bedrooms:2
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Unit 2 Approx SqFt:883
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Unit 3 Bedrooms:2
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Unit 3 Baths:1
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Unit 3 Approx SqFt:883 Sqft
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Unit 4 Bedrooms:2
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Unit 4 Baths:1
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Unit 5 Bedrooms:1
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Unit 5 Baths:1
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Unit 5 Approx SqFt:500 Sqft
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Unit 6 Bedrooms:1
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Unit 6 Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/13/24
Nov 13, 2024
|
Listed / Active | PRIME_MLS | $3,049,900 | |
10/21/21
Oct 21, 2021
|
Price Changed | PRIME_MLS | ||
9/24/21
Sep 24, 2021
|
Listed / Active | PRIME_MLS |