#5022061, Mike Giannone, Listing Office: The Aland Realty Group
355-357 Merrimack St Manchester, NH 03103
Property details
About 355-357 Merrimack St
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 355 - 357 Merrimack Street, Manchester, NH is a 5-unit multi-family property. This property features two structures; The first structure is 355 Merrimack Street, a single-family home with 3 bedrooms, 1 bathroom, and 1,220 square feet of living space. Great value-add potential. The second structure is 357 Merrimack Street which is a four-unit building that includes three (3) spacious two-bedroom, one-bathroom apartments ranging from 800 to 900 square feet, and one (1) - one bedroom, one bathroom, 600 square feet unit. Some units are renovated and move-in ready in the four-unit building. This property generates approximately $7600 in monthly gross rental income. This property must be sold as a part of the 19-unit portfolio; 187 Merrimack Street, MLS#5022061, 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
Summary
- MLS Number: 5022063
- 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: 2/5/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,049,900
355-357 Merrimack St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
1
Henry Wilson Elementary School
Public District KG-5
0.3 mi
•555 Cedar St
4
McDonough School
Public District KG-5
0.5 mi
•550 Lowell St
1
Beech Street School
Public District KG-5
0.5 mi
•333 Beech 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 $31,458. Most Manchester, NH residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Manchester, NH
About 355-357 Merrimack St
This home is located at 355-357 Merrimack St in Manchester, NH and zip code 03103. This 4,541 square foot home, which was built in 1920, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $3,049,900.
Between December and January 2025, Manchester, NH real estate market has seen increase in the number of listings by 110%. The median list price of listings available in January 2025 was $425,000, while the average time on the real estate market was 31 days.