$725,000 ($147.81 per sqft)

Pending

Est. Mortgage $3,571/mo *

Quick Pre-Approval

Listing courtesy of Pierre Peloquin, Pierre Peloquin Realty Phone: 603-668-9923


336-338 Merrimack Street, Manchester, NH, 03103

336-338 Merrimack Street, Manchester, NH, 03103

24 rooms

12 beds

6 Full baths

1917

Garden

4,905 sqft

SUPERB 5-FAMILY INVESTMENT consisting of a LARGE 2-Family featuring HUGE 3-Bedroom units (one unit even has 1.5 Baths) along with a separate 3-FAMILY with identical LARGE 4-Room 2-Bedroom units w/Hardwood floors, BIG eat-in kitchens. All vinyl sided, Newer pressure treated porches/decks/ paved rear parking off alley, upgraded Circuit Breakers and TENANTS PAY ALL UTILITIES !!! Brand new COC. Great tenant rental history ( 4 years to 13 years) Current Gross rents of $76,980.00 with $15,965.00 expenses ( includes taxes) NET $61,015.00 Rents well below market and Potential Gross exceeds $98,500.00 at current market rates. NO SELLER FINANCING . "We've managed this wonderful property for the past 12 years". An ideal Investment !!


Status:

Pending

Type:

Multi-family

Units:

5

Zoning:

Residential

Frontage:

75

Heating:

Baseboard, Gas Heater, Hot Water, Individual

Cooling:

None

Basement:

Bulkhead, Dirt Floor, Full, Unfinished, Stairs - Basement

Parking:

Driveway, On-Site, Parking Spaces 5 - 10, Paved

Acreage:

0.17

Est. Taxes:

$10,440

Lot Description:

City Lot,Curbing,Level

MLS #:

5017923


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