• Year Built: 1910
187 Merrimack Street is amulti-family property for lease in Manchester, NH.
Terrific money making 6 family in Manchester comprising of 4-2bdrm units and 2-1bdrm units. Plenty of parking for all tenants. Some units saw some updating last year. Owner pays ht water but all other util tenants pay. Gross Income of $47,160. Rents are below market and next owner has the opportunity to bring rents to market rate. Upside potential. Current cash on cash return is a strong 16%. 100% occupied. Investors take notice.
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- Chris Norwood, agent and Rofo Pro