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Listing courtesy of PRIME_MLS / Mike Giannone / The Aland Realty Group

355-357 Merrimack

Manchester, NH 03103

– beds
– baths
4,541 sqft
5,663 sqft lot
$671 per sqft
1920 build
– on site

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!

Listing courtesy of PRIME_MLS / Mike Giannone / The Aland Realty Group

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# 5022063 —

The Building

Year Built:

1920
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Apartment Building
Roof:

Shingle - Asphalt
Foundation:

Stone
Total Stories:

2
Total Units:

5
Approx SqFt Total:

6964
Approx SqFt Total Finished:

4,541 Sqft
Approx SqFt Finished Above Grade:

4,541 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade:

412
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

2011
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Unfinished
Basement Access Type:

Interior
Room 5 Type:

Leased

Room Dimensions

Room 20 Dimensions:

single family home

Location

Directions:

Take exit 5 to Granite St off 293. Continue up Granite, cross over Elm St. In .6 miles take aleft onto Pine St. Take a right onto Merrimack St in 800 ft. Building is on the right.
Map:

0127
Latitude:

42.989245403501464
Longitude:

-71.450290419643409

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot:

26
Lot SqFt:

5,663 Sqft
Lot Acres:

0 Sqft
Zoning:

Residential
Driveway:

Paved
Roads:

Public
Road Frontage:

Yes
Road Frontage Length:

80 Sqft
Lot Features:

Level

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes TBD:

Yes
Tax - Gross Amount:

$8,735.96

Beds

Total 2 Bedroom Units:

3

Baths

Full Baths Size:

0 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

671.64
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Hot Water
Heat Fuel:

Gas - Natural

Utilities

Utilities:

Cable, Other, Phone
Sewer:

Public
Electric:

100 Amp
Water Source:

Public

Schools

Elementary School:

Beech Street School
Middle Or Jr High School:

Southside Middle School
High School:

Central High School
School District:

Manchester Sch Dst SAU #37

The Community

Condo Name:

Monthly
Covenants:

No
Assessment Year:

2023
Assessment Amount:

463200

Parking

Parking:

Off-Site, On-Site

Extra Units

Unit 1 Bedrooms:

2
Unit 1 Approx SqFt:

900 Sqft
Unit 2 Bedrooms:

2
Unit 2 Approx SqFt:

900
Total 3+ BR Units:

1
Unit 3 Bedrooms:

2
Unit 3 Baths:

2
Unit 3 Approx SqFt:

800 Sqft
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Bedrooms:

3
Unit 5 Baths:

1
Unit 5 Approx SqFt:

1,220 Sqft

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/13/24 Nov 13, 2024	Listed / Active	PRIME_MLS	$3,049,900
11/21/21 Nov 21, 2021	Sold Subject To Contingencies	PRIME_MLS
10/21/21 Oct 21, 2021	Price Changed	PRIME_MLS

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This multifamily located in East Side Manchester, Manchester, NH 03103 is currently for sale for $3,049,900. 355-357 Merrimack is a 4,541 square foot multifamily with – beds and – baths that has been on Estately for 34 days. 355-357 Merrimack is in the East Side Manchester neighborhood of Manchester and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Manchester Central High School, Hillside Middle School, and Wilson Elementary School.

Listing Courtesy of: PRIME_MLS and The Aland Realty Group.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.