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$475,000 | $199 per sq.ft. Under Contract A 2  Unit Multi Family Home, in Manchester NH With 1 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5098755



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Listed by Timothy RobertoKeller Williams Realty-Metropolitan on July 1st 2026


DESCRIPTION


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.
Appliances : Gas Water Heater | Tank Water Heater
Gross Income : $38400
Net Income: $

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UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 1537
Level: 1
Info : Ceiling Fan,CO Detector,Natural Gas Heat,Laundry Hookup,Microwave,Refrigerator
Tenant Pays : Electric,Internet Service
Rent : 1700.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 854
Level: 2
Info : Ceiling Fan,Hot Water,Laundry Hookup,Screened Porch,Refrigerator,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1500.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

CONSTRUCTION

Wood Frame | Vinyl Siding | Year Built: 1910
No. of Floors:2
Total Sq.Ft. Finished: 2391
Above Grade Sq.Ft.: 2391
Apx Below Grade Unfinished Sq.Ft.: 1537
Price Per SQ.FT. 198.66
Basement: Concrete | Concrete Floor | Other | Interior Stairs | Basement Stairs
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
Style: Multi-Family
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot
Lot size: 0.08 acres
Zoned: residential
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 30
Driveway: Paved

PROPERTY INFORMATION

Docs Available : Certificate of Compliance | Certificate of Occupancy | Deed | Lease Agreements | Tax Map
Taxes $6,325

AREA INFORMATION