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Listed by: Mike Giannone | The Aland Realty Group (603) 501-0463
$3,129,900
-- Bed
-- Bath
12,271sqft
187,355-357,489 Merrimack, & Pine St, Manchester, NH 03104
$3,129,900
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Multi Family
Built in 1920
$-- HOA
17,424 sqft lot
$255/sq.ft
Description
An outstanding opportunity to invest in 3 multifamily properties in Manchester, NH. This portfolio includes 19 units with a 7%+ CAP return, located at 489 Pine Street, 187 Merrimack St, and 355-357 Merrimack St, Total portfolio gross monthly rents are $27,805, totaling a gross annual income of $333,660. Unit mix = (1) three-bedroom unit, eight (8) two-bedroom units, three (3) one-bedroom units, and seven (7) studio-style units. 489 Pine Street has 8 units, one (1) unit with 2 bedrooms & 1 bathroom, and seven (7) studio units with 1 bathroom each. Monthly gross returns total $10,765. 187 Merrimack St has six (6) units, two (2) - 1 bedroom and 1 bathroom units, and four (4)...
Continue Reading- Houzeo last checked: 37 Minutes ago
- Listing updated: May 19, 2026 at 6:49 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5089701
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
12,271 sqft
Lot Size
17,424 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5089701
MLS Status
(10) Active - Active
Days on Market
15
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