Keller Williams Realty-Metropolitan
Keller Williams Realty-Metropolitan
Michelle Morgan, Keller Williams Realty-MetropolitanPhone: (603) 785-3001
Email: [email protected]
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listing
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Listed by: Mike Giannone from The Aland Realty Group, 603-501-0463
Multi-FamilyFor Sale
$3,049,900
187 Merrimack Street
Manchester, NH 03103
MLS: Prime MLS
4,410Sq Ft
Est. Mortgage
$15,843/mo

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!

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Information courtesy of The Aland Realty Group is subject to verification and is not guaranteed.
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