355-357 Merrimack Street, Manchester NH 03103

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$854,900

355-357 Merrimack Street, Manchester, NH 03103

bedrooms

bathrooms

square feet

4,541

Acreage

0.13

Open Houses

year built

1920

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Hillsborough
Elementary School	Beech Street School
Middle School	Southside Middle School
High School	Central High School

Exact location data not provided

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None scheduled.

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MLS number: 5022063

Listing agent: Mike Giannone

Listing broker: The Aland Realty Group, Llc (207) 251-4762

Last update: Saturday, February 15 2025 at 2:00 p.m. EST

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