#5022063, Mike Giannone, Listing Office: The Aland Realty Group
#5022061·
Listing Office: The Aland Realty Group·
Listing Agent: Mike Giannone·
Listing Office Phone: 603-501-0463
$940,000 List price
187 Merrimack St Manchester, NH 03103
4,410 sqft
0.2 acres
$213 / sqft
Land
Property details
About 187 Merrimack St
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! Explore the possibilities with 187 Merrimack St, a multi-family residence in the heart of Manchester, NH, perfect for investors. Part value add, this multi-family property was constructed in 1910, stands 2.75 stories tall, and boasts a total of 10 bedrooms, 6 bathrooms, and 6 kitchens spread across 4,410 finished square feet. The property includes six (6)-units, four (4)-units with 2 bedrooms and 1 bathroom each, and two (2) units with 1 bedroom and 1 bathroom each, generating a monthly gross income of $9,800. Nestled in the Kalivas Union neighborhood, enjoy proximity to parks, shops, and entertainment. Conveniently located less than a mile from exit 5 Along Rt 293, it offers easy access to various amenities, making it ideal for daily activities and commuting. This property must be sold as part of the entire 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 489 Pine Street, MLS#5022062. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don’t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Highlights
Home typeOther
HeatingNatural Gas, Space Heater(s)
StatusActive
Size4,410 sqft
BasementYes
Lot size0.16 Acres
Year built1910
ParkingOff Street
MLS #5022061
Summary
- MLS Number: 5022061
- Office Name: The Aland Realty Group
- Office Phone: (603) 501-0463
- Office Email: chris@alandrealty.com
- Listing Agent: Mike Giannone
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$940,000
187 Merrimack St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 26, 2022 | Home Sold | $2,350,000 |
| Mar 21, 2006 | Home Sold | $395,000 |
| Dec 23, 2002 | Home Sold | $280,000 |
| Aug 31, 2001 | Home Sold | $176,000 |
| Oct 26, 1999 | Home Sold | $109,000 |
| Feb 20, 1998 | Home Sold | $94,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $536,200 | $10,113 |
| 2022 | $536,200 | $9,780 |
| 2021 | $536,200 | $9,480 |
| 2020 | $298,100 | $7,351 |
| 2019 | $298,100 | $7,250 |
| 2018 | $297,000 | $7,033 |
History based on county public records data.
Nearby schools
1
Beech Street School
Public District KG-5
0.4 mi
•333 Beech St
1
Henry Wilson Elementary School
Public District KG-5
0.6 mi
•555 Cedar St
4
McDonough School
Public District KG-5
1.0 mi
•550 Lowell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,453. The majority of Manchester, NH residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
82%
<35k
16%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
82%
Single, No Kids
7%
Single, with Kids
6%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
24%
18-34 yrs old
49%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating
Soccer
Where do the neighbors shop?
Family Dollar
Forever 21
Burlington
Where do the neighbors go to eat?
Burger King
Church's Chicken
Dominos Pizza
What do the neighbors drive?
Buick
Cadillac
Mazda
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Manchester, NH
About 187 Merrimack St
This home is located at 187 Merrimack St in Manchester, NH and zip code 03103. This 4,410 square foot home, which was built in 1910, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $940,000.
In February 2025 more than 32 listings in Manchester, NH were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 13 were sold below. In February 2025 in Manchester, NH there were 21.6% more homes for sale than in January. In February 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $390,000.
From Rocket Homes Real Estate and based on county public records data.