This classic 1910 multi-family duplex at 312 Merrimack Street in Manchester, New Hampshire, offers a fantastic opportunity for both savvy investors and owner-occupants looking for a solid asset. Spanning a generous 2,391 square feet of total interior space, the property features a versatile layout with a combined total of five bedrooms and two bathrooms across its units. It represents a proven income-generator with an established history of steady rental demand, making it an easy-to-manage addition to any real estate portfolio. Inside, the units balance functional living arrangements with classic architectural details, all kept cozy during New England winters by efficient forced-air gas heating systems. The structure provides the perfect setup whether you choose to collect reliable monthly rental income from both sides or live in one unit while letting the other significantly offset your mortgage payments. Location is a major selling point for this property, as it sits in a highly walkable neighborhood just moments east of downtown Manchester. Residents will love the quick access to local parks, public transit, local schools, and the city's vibrant dining and arts scene. It is also an ideal spot for commuters, offering a short drive to regional highways and local institutions like MCPHS University. Do not miss out on this turnkey multi-family opportunity; schedule your private showing today to explore the possibilities.
Operating Expenses : Maintenance,Other,Water,Water/Sewer
Annual Expenses
Taxes: $6,325
Income
Gross Income | $38,400
NetIncome | $36,000
Appliances : Gas Water Heater | Tank Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1910
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3928
Above Grade Sq.Ft.: 2391
Basement: Concrete | Concrete Floor | Other | Interior Stairs | Basement Stairs
Roof: Asphalt Shingle
Seasonal: No
Heating: Natural Gas | Baseboard | Hot Water
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Curbside | Recycle
Utilities: Cable | Underground Gas | Phone
Electric Meters: 2
Gas_Meters: 2
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.08 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 30
Driveway: Paved