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    Litchfield, NH Bedford, NH Manchester, NH Amherst, NH Londonderry, NH Nashua, NH Hudson, NH Hollis, NH
    9-Unit Apartment Building
    Updated: Aug 21
    9-Unit Apartment Building

    22 Railroad Avenue, Merrimack, NH 03054

    $875,000
    2,898 sqft 0.24 AC lot
    9 studio units in a 2,898‑square‑foot apartment building
    0.24‑acre parcel at 22 Railroad Avenue, Merrimack, NH 03054
    Newer roof, heating system, and hot water tank
    Built in 1900 with wood‑frame construction
    Off‑street parking and basement
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    This listing looks promising.

    Here's a quick look at some key insights for

    22 Railroad Avenue, Merrimack, NH 03054

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    • Est. Cap Rate

      4.5%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Price @ 7% Cap

      $563K
      Suggested

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Merrimack, NH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Renovated 6-Unit Apartment Building
    Fully Renovated 6-Unit Apartment Building

    637 Harvard Street, Manchester, NH 03103

    $1,399,999
    4,413 sqft 0.13 AC lot

    Renovated 6-unit under R3 zoning with courtyard, off-street parking, and a Dec 2023 new membrane roof.

    View details
    Mixed-Use Downtown Building with Parking
    Mixed-Use Downtown Building with Parking

    170 Main St, Nashua, NH 03060

    $7,945,000
    53,000 sqft

    Two contiguous downtown buildings offer retail, office suites, and studio apartments plus 27-space private parking.

    View details
    5-Unit Multifamily Property
    5-Unit Multifamily Property

    92 Lock St, Nashua, NH 03064

    $875,000

    Residential property with varied unit sizes, tenant parking, garage space, and full-basement storage.

    View details
    Fully Renovated 6-Unit Apartment Building
    Fully Renovated 6-Unit Apartment Building

    637 Harvard St, Manchester, NH 03103

    $1,399,999

    Turn-key, fully renovated six-unit multifamily with courtyard, off-street parking, and new mechanical and electrical systems.

    View details

    Merrimack, NH Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Merrimack, NH on our real estate platform. These investment opportunities span a total of 2,898 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for two-family homes in Merrimack, NH average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 28K
    Population Growth (5Y) +6.9%
    Median Household Income $128,897
    College Educated 68.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.95%
    Property Tax per SF $30.53 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hillsborough County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Merrimack fall within the 100,000+ square foot range.

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