Closed

Listed by: Pierre Peloquin Realty

Bought with: Diamond Key Real Estate/ Haverhill

$807,500

336-338 Merrimack Street, Manchester, NH 03103

12beds

4,905sqft

Multi Family

Built in 1917

-- sqft lot

$888,800 Zestimate^®

$165/sqft

$1,999 Estimated rent

Home value

$888,800

$827,000 - $960,000

$1,999/mo

Zestimate^® history

Owner options

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$1,999/mo

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$1,999/mo

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$4,430/mo

Est. payment

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$4,430/mo

Est. payment

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What's special

Big eat-in kitchensHardwood floors

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 !!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 5
Full bathrooms: 6

Heating

Natural Gas, Baseboard, Gas Heater, Hot Water, Individual

Cooling

None

Appliances

Included: Gas Water Heater, Owned Water Heater, Water Heater

Features

Flooring: Carpet, Hardwood, Vinyl
Basement: Bulkhead,Dirt Floor,Full,Unfinished,Basement Stairs,Walk-Out Access

Interior area

Total structure area: 4,905
Total interior livable area: 4,905 sqft
Finished area above ground: 4,905
Finished area below ground: 0

Property

Parking

Parking features: Concrete, Paved, Driveway, On Site, Parking Spaces 5 - 10
Has uncovered spaces: Yes

Features

Levels: 3
Patio & porch: Porch
Exterior features: Deck
Fencing: Partial
Frontage length: Road frontage: 75

Lot

Size: 7,405 sqft
Features: City Lot, Curbing, Level, Neighborhood

Details

Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Garden
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Granite
Roof: Membrane,Asphalt Shingle

Condition

New construction: No
Year built: 1917

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable, Gas On-Site

Community & neighborhood

Location

Region: Manchester

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
11/12/2024	Sold	$807,500+11.4%$165/sqft
Source: PrimeMLS #5017923 Report a problem
10/12/2024	Contingent	$725,000$148/sqft
Source: PrimeMLS #5017923 Report a problem
10/9/2024	Listed for sale	$725,000$148/sqft
Source: PrimeMLS #5017923 Report a problem