187,355-357,489 Merrimack, & Pine Street, Manchester, NH 03104

Manchester
Local realty services provided by:ERA Key Realty Services
187,355-357,489 Merrimack, & Pine Street,Manchester, NH 03104
$3,129,900
  • - Beds
  • 20 Baths
  • 12,271 sq. ft.
  • Multi-family
  • Active
Listed by: mike giannone
Office: the aland realty group603-501-0463
MLS#:5089701
Source:PrimeMLS

Price summary

  • Price:$3,129,900
  • Price per sq. ft.:$172.75

About this home

An outstanding opportunity to invest in 3 multifamily properties in Manchester, NH. This portfolio includes 19 units with a 7%+ CAP return, located at 489 Pine Street, 187 Merrimack St, and 355-357 Merrimack St, Total portfolio gross monthly rents are $27,805, totaling a gross annual income of $333,660. Unit mix = (1) three-bedroom unit, eight (8) two-bedroom units, three (3) one-bedroom units, and seven (7) studio-style units. 489 Pine Street has 8 units, one (1) unit with 2 bedrooms & 1 bathroom, and seven (7) studio units with 1 bathroom each. Monthly gross returns total $10,765. 187 Merrimack St has six (6) units, two (2) - 1 bedroom and 1 bathroom units, and four (4) - 2 bedrooms, 1 bathroom units ranging between 500-1175 Sq ft. Monthly gross returns total $9100. 355-357 Merrimack St has five (5) total units across two (2) buildings/structures on one parcel. 355 is a single-family home detached that offers 3 bedrooms, and 1 bath across 1220 Sq Ft. Monthly gross returns total...

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Home facts

  • Year built:1920
  • Listing ID #:5089701
  • Added:33 day(s) ago
  • Updated:June 22, 2026 at 10:27 AM

Rooms and interior

  • Total bathrooms:20
  • Full bathrooms:20
  • Basement Description:Bulkhead, Concrete, Concrete Floor, Dirt, Dirt Floor, Exterior Access, Full, Insulated, Interior, Interior Access, Storage Space, Unfinished
  • Living area:12,271 sq. ft.

Heating and cooling

  • Heating:Hot Air, Hot Water, Oil, Space Heater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Building area:12,271 sq. ft.
  • Lot area:0.4 Acres
  • Levels:3 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$3,129,900
  • Price per sq. ft.:$172.75
  • Tax amount:$29,754 (2024)

Parking

  • Parking description:Paved Driveway
  • Garage spaces:1
MLS LogoCopyright 2026 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 22, 2026

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