Porcupine Real Estate

374 Merrimack Street, Manchester, NH 03103


Sale Price

Total Units
Investors dream! Large 6 family apartment building, all 2 bedrooms units & separate utilities. Updated electric, newer windows, vinyl siding, newer heating systems, front and back porches and tons of paved parking. Fully occupied with long term tenants. Rents are below market, room to increase for additional income. Building is a solid investment for your portfolio. New COC good for 3 years! You will not find another money making investment property at this price, $51,600 current income / $11,000+ expenses. Priced for immediate sale!
Property Type: Multi-Family
Price - Closed: 299,900
Full Baths: 6
Total 2 BR Units: 6
Total Units: 6
Foreclosed/Bank-Owned/REO: No
MLS #: 4509535
List Agent: Kimberly Florence
List Office: Coldwell Banker Residential Brokerage/Derry
Price - List: $299,900
Listing Status: Closed
Basement: Yes
Zoning: Multi
Year Built: 1910
SqFt-Apx Total: 5,523
SqFt-Apx Total Finished: 5,523
Separate Utilities: Yes
Total Stories: 3
Seasonal: No
Style: Other
Basement Access Type: Walk-up
Total Heat Units: 6
SqFt-Apx Fin AG Source: Other
Total Ranges: 6
Total Refrigerators: 6
Total Water Heaters: 6
SqFt-Apx Fin Above Grade: 5,523.00
Cooling: None
Electric: Circuit Breaker(s)
Foundation: Concrete
Heat Fuel: Gas - Natural
Heating: Hot Air
Water: Public
Water Heater: Gas - Natural
Color: White
Lot - Sqft: 7,841
Lot - Acres: 0.18
Garage: No
Flood Zone: No
Footprint: 37x64
Total Gas Meters: 6
Total Electric Meters: 7
Pre-Construction: No
Road Frontage: TBD
Construction Status: Existing
Construction: Wood Frame
Driveway: Other
Exterior: Vinyl
Lot Description: City Lot
Parking: Parking Spaces 5 - 10
Roads: Public
Sewer: Public
Deed - Book: 7177
Deed - Page: 2183
Assessment Amount: $297,000
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 6,293.00
School - District: Manchester Sch Dst SAU #37
School - Middle/Jr: Hillside Middle School
School - High: Manchester Central High Sch
Electric Company: Eversource
Expenses - Insurance: 3,600
Gross Income: 51,600
Expenses - Taxes: 6,293
Trash: Curbside
Covenants: No
Possession: At Closing
Features - Exterior: Porch - Covered
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 4 1 2 Appliances Included 700.00
Unit 2 4 1 2 Appliances Included 750.00
Unit 3 4 1 2 Appliances Included 750.00
Unit 4 4 1 2 Appliances Included 700.00
Unit 5 4 1 2 Appliances Included No 650.00
Unit 6 4 1 2 Appliances Included No 750.00
The listing office is Coldwell Banker Residential Brokerage/Derry and listing agent is Kimberly Florence. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2017 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 9/20/2017 4:24:00 AM.
Mark Warden
Mark Warden
Porcupine Real Estate