336-338 Merrimack Street Manchester, NH SOLD
$807,500
Beds 12
Baths 6
Square Footage 4,905
Acres 0.17
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Sold By
John Bourque, Diamond Key Real Estate/ Haverhill
Description
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 !!
Listed by Pierre Peloquin Realty, Pierre Peloquin
Sold by Diamond Key Real Estate/ Haverhill, John Bourque
Details
MLS 5017923
Price $807,500
Status Closed
DOM 34 days
Type Multi-Family
Style Garden
Beds 12
Total Baths 6 full baths
Square Feet 4,905 sqft
Lot Size 0.17 acres
Year Built 1917
Lot & Building Features
Appliances Water Heater, Water Heater – Owned, Water Heater – Gas
Utilities Cable, Gas - On-Site
Construction Vinyl Siding
Cooling None
Heating Baseboard, Individual, Hot Water, Gas Heater
Parking Description Driveway, Paved, Parking Spaces 5 - 10, On-Site
Sewer Public
Tax Year 2024
Water Public
Basement Description Bulkhead, Unfinished, Stairs - Basement, Full, Dirt Floor
Foundation Granite
Lot Description City Lot, Level, Curbing
Roof Membrane, Shingle - Asphalt
Features Exterior Deck, Porch, Fence - Partial
Garage No
Unit Features
Unit 1 Baths 2
Unit 1 Bedrooms 3
Unit 1 Info Appliances Included
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Agreement No
Unit 1 Rental Amount 1350.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 6
Unit 1 Status Month to Month
Unit 1 Style garden
Unit 1 Tenant Pays All Utilities
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Appliances Included
Unit 2 Lease Term Month to Month
Unit 2 Level Number 2
Unit 2 Rental Agreement No
Unit 2 Rental Amount 1350.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 6
Unit 2 Status Month to Month
Unit 2 Style garden
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included
Unit 3 Lease Term Month to Month
Unit 3 Level Number 1
Unit 3 Rental Agreement No
Unit 3 Rental Amount 1295.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Month to Month
Unit 3 Style garden
Unit 3 Tenant Pays All Utilities
Unit 4 Bedrooms 2
Unit 4 Info Appliances Included
Unit 4 Level Number 2
Unit 4 Rental Amount 1195.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 4
Unit 4 Status Vacant
Unit 4 Style garden
Unit 4 Tenant Pays All Utilities
Unit 5 Baths 1
Unit 5 Bedrooms 2
Unit 5 Info Appliances Included
Unit 5 Lease Term Month to Month
Unit 5 Level Number 3
Unit 5 Rental Agreement No
Unit 5 Rental Amount 1225.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Rooms 4
Unit 5 Status Month to Month
Unit 5 Style garden
Unit 5 Tenant Pays All Utilities
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.