498 Merrimack Street, Manchester, NH 03103
Local realty services provided by:ERA Key Realty Services
498 Merrimack Street,Manchester, NH 03103
$439,500
- 6 Beds
- 2 Baths
- 2,560 sq. ft.
- Multi-family
- Active
Listed by: kathy sutherland
Office: keller williams realty metro-londonderry603-232-8282
MLS#:5114001
Source:PrimeMLS
Price summary
- Price:$439,500
- Price per sq. ft.:$114.45
About this home
Two spacious units, multiple potential tenant pools, and plenty of opportunity to add value make this Manchester multi family the one investors will want to take a closer look at! Each unit offers approximately 1,280 sq. ft. with 2 to 3 bedrooms, separate entrances and separate utilities, providing flexibility for investors, owner occupants, or multigenerational living. Each unit, per the city, has two bedrooms, but the third spacious room could be used as a third sleeping area, home office, flex space, etc. The basement offers an abundance of additional storage for both units. Situated on a corner lot, there may also be potential to add another driveway for additional off street parking, subject to city approval. All but two windows were replaced in 2018. With some fresh paint and carpeting, this property offers an opportunity to make simple improvements while adding your own finishing touches. The location adds another layer of investment potential. Elliot Hospital is less than five minutes away, making the property an attractive option for traveling nurses and other healthcare professionals. Elm Street's dining, nightlife, and downtown amenities are approximately 10 minutes away, while UNH Manchester, Saint Anselm College, SNHU, Manchester Community College, and Franklin Pierce University contribute to a diverse potential tenant pool of students, faculty, and staff. Looking beyond a traditional rental? The size and layout could also make this a fantastic multigenerational option. Generous unit sizes, a convenient location, value-add potential, and an amazing price create an opportunity that's hard to ignore. Whether you're expanding your portfolio, purchasing your first multifamily, or looking for a property where you can live in one unit and rent the other, this one is worth a closer look. Seller will provide a new Certificate of Compliance (COC) at closing....
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Home facts
- Year built:1900
- Listing ID #:5114001
- Added:4 day(s) ago
- Updated:October 17, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Vinyl Plank, Wood
- Basement Description:Full, Interior, Interior Access, Storage Space, Unfinished
- Living area:2,560 sq. ft.
Heating and cooling
- Heating:Forced Air, Monitor Type, Oil
Structure and exterior
- Roof:Flat, Tar and Gravel
- Year built:1900
- Building area:2,560 sq. ft.
- Lot area:0.07 Acres
- Levels:2 Story
Schools
- High school:Manchester Central High Sch
- Middle school:Hillside Middle School
- Elementary school:McDonough School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$439,500
- Price per sq. ft.:$114.45
- Tax amount:$6,131 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Concrete Driveway
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