355-357 Merrimack Street Manchester, NH 03103

Features

• Price/sqft: $188
• Lot Size: 0.13 acres
• Total Units: 5
• Total Rooms: 11
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Heating: Hot Water

Facts

• Year Built: 01/01/1920
• Property ID: 993530963
• MLS Number: 5022063
• Property Type: Multi-family (2-4 units)
• County: HILLSBOROUGH
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 dont miss your chance to own this income-generating Multi-family in Manchester, NH.