Merrimack St & Pine St, Manchester, NH 03101, USA (Off Market)

For Sale, USD 3,129,900


Merrimack St & Pine St, Manchester, NH 03101, USA,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 12,271 ft² / 1,140 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

An outstanding opportunity to invest in three multifamily properties in Manchester, New Hampshire. This portfolio includes nineteen units with a seven percent plus capitalization rate return, located at four hundred eighty-nine Pine Street, one hundred eighty-seven Merrimack Street, and three hundred fifty-five to three hundred fifty-seven Merrimack Street. Total portfolio gross monthly rents are twenty-seven thousand eight hundred five dollars, totaling a gross annual income of three hundred thirty-three thousand six hundred sixty dollars. Unit mix equals (one) three-bedroom unit, eight (eight) two-bedroom units, three (three) one-bedroom units, and seven (seven) studio-style units. Four hundred eighty-nine Pine Street has eight units, one (one) unit with two bedrooms and one bathroom, and seven (seven) studio units with one bathroom each. Monthly gross returns total ten thousand seven hundred sixty-five dollars. One hundred eighty-seven Merrimack Street has six (six) units, two (two)- one bedroom and one bathroom units, and four (four)- two bedrooms, one bathroom units ranging between five hundred to eleven seventy-five square feet. Monthly gross returns total nine thousand one hundred dollars. Three hundred fifty-five to three hundred fifty-seven Merrimack Street has five (five) total units across two (two) buildings or structures on one parcel. Three hundred fifty-five is a single-family home detached that offers three bedrooms and one bathroom across twelve twenty square feet. Monthly gross returns total seven thousand nine hundred five dollars. Three hundred fifty-seven Merrimack Street is a four (four) unit structure that has three (three)- two bedroom and one bathroom units and one (one)-one bedroom and one bathroom unit. Take advantage of this opportunity to acquire a substantial multifamily portfolio in Manchester, New Hampshire all within zero point five miles of each other including a unique unit mix. This property must be sold as a nineteen-unit portfolio.
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Merrimack St & Pine St, Manchester, NH 03101, USA, United States is a 12,271ft² United States luxury Multi-Family Home listed for sale USD 3,129,900. This high end United States Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in United States or search for luxury properties for sale in United States.