Bought with John Bourque • Diamond Key Real Estate/ Haverhill
$807,500
$725,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
336-338 Merrimack ST Manchester, NH 03103
12 Beds
5 Baths
4,905 SqFt
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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