Manchester, NH 03103,336-338 Merrimack ST
Manchester, NH 03103,336-338 Merrimack ST
Manchester, NH 03103,336-338 Merrimack ST
Manchester, NH 03103,336-338 Merrimack ST
Manchester, NH 03103,336-338 Merrimack ST
Manchester, NH 03103,336-338 Merrimack ST
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Listed by Pierre J Peloquin • Pierre Peloquin Realty
Bought with John Bourque • Diamond Key Real Estate/ Haverhill

$807,500

$725,000

11.4%
Est.Price: ?

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Est. payment /mo

12 Beds

5 Baths

4,905 SqFt


SOLD DATE : 11/12/2024

Key Details

Sold Price $807,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,905 sqft

Price per Sqft $164

MLS Listing ID 5017923

Sold Date 11/12/24

Bedrooms 12

Full Baths 5

Construction Status Existing

Year Built 1917

Annual Tax Amount $10,440

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Description

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 !!

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Residential

Rooms

Basement Entrance Walkout

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

Interior

Heating Gas - Natural

Cooling None

Flooring Carpet, Hardwood, Vinyl

Exterior

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

Utilities Available Cable, Gas - On-Site

Roof Type Membrane,Shingle - Asphalt

Building

Story 3

Foundation Granite

Sewer Public

Construction Status Existing

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Brownfield, ME, 04010, United States

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