312 Merrimack St Manchester, NH 03103
Classic 1910 duplex offering five bedrooms and two bathrooms with forced-air gas heating.
Property Features for 312 Merrimack St
General Information
- Standard status
- Active
- Size
- 2,391 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1910
Listing office Keller Williams Realty Metropolitan (603) 232-8282
Listing date Jul 12, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Located at 312 Merrimack St in Manchester, it sits in a walkable neighborhood just moments east of downtown. The area is described as very walkable (Walk Score 83) with bikeable access (Bike Score 62), with convenient proximity to parks, public transit, schools, and local dining and arts.
The layout supports flexible use as a full rental property with income from both sides or an owner-occupant arrangement with one unit occupied and the other available for rental.
Key Highlights
- Classic 1910 duplex in Manchester, NH with 2,391 SF total interior space
- Two‑unit layout with 5 bedrooms and 2 bathrooms total
- Forced‑air gas heating systems help keep the home comfortable in winter
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.8k | $20.40 |
| − Vacancy | −$2.7k | −$1.12 |
| EGI | $46.1k | $19.28 |
| − OpEx | −$13.8k | −$5.78 |
| NOI | $32.3k | $13.49 |
