Duplex for Sale with Forced-Air
312 Merrimack Street, Manchester, NH 03103
MULTI_FAMILY - Other - Manchester, NH
Property size:
2,391 SFLot size:
0.08 AcresPrice / SF:
$198/SF- Added:
- Jul 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 8 at 9:06 pm
Property Features for 312 Merrimack Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2
- Patio and Porch features
- Patio, Porch
- Exterior features
- Garden Space, Patio, Enclosed Porch, Window Screens
- Appliances
- Gas Water Heater, Tank Water Heater
- Standard status
- Active
- Size
- 2,391 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6325
Utilities
- Heating system
- Hot Water(Heating), Natural Gas, Baseboard
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Timothy Roberto (603) 232-8282
Listing office Keller Williams Realty-Metropolitan 168 South River Rd., Bedford, NH (603) 232-8282
Listing date Jul 1, 2026
MLS# 5098755
Listing URL
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Classic 1910 Manchester NH duplex at 312 Merrimack Street with public water service
- Total 2,391 SF interior space with 5 bedrooms and 2 bathrooms across the two units
- Natural gas heating with hot water/baseboard system for winter comfort
- Wood frame construction with vinyl siding and shingle roof
- Outdoor features include a patio and porch, plus window screens throughout
- Flexible setup with five bedrooms and two bathrooms, offering options for owner‑occupants or rentals
Overview
Built in 1910, this duplex property totals 2,391 square feet and offers a versatile two-unit setup. The combined layout includes five bedrooms and two bathrooms across both sides, with forced-air gas heating to help maintain comfortable indoor temperatures through New England winters. The building is well-suited for an owner-occupant plan, with the option to offset housing costs by renting the other unit.
The property is located at 312 Merrimack Street in Manchester, NH 03103, in a neighborhood described as highly walkable and just east of downtown. Public remarks indicate residents have access to local parks, public transit, and local schools, along with nearby dining and arts. For commuters, the remarks also note a short drive to regional highways and local institutions, including MCPHS University.
For tenants, this configuration can support straightforward household needs across five bedrooms and two bathrooms in a duplex environment. For buyers, the two-unit structure provides flexibility to collect rental income from both sides or live in one unit while leasing the other, supported by the property’s functional, dual-residential arrangement and established long-term manageability.
The property is located at 312 Merrimack Street in Manchester, NH 03103, in a neighborhood described as highly walkable and just east of downtown. Public remarks indicate residents have access to local parks, public transit, and local schools, along with nearby dining and arts. For commuters, the remarks also note a short drive to regional highways and local institutions, including MCPHS University.
For tenants, this configuration can support straightforward household needs across five bedrooms and two bathrooms in a duplex environment. For buyers, the two-unit structure provides flexibility to collect rental income from both sides or live in one unit while leasing the other, supported by the property’s functional, dual-residential arrangement and established long-term manageability.
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 |
2,391 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.9K
$403.3K – $537.8K
NOI $32,266 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$429.2K
$375.6K – $500.8K
NOI $30,046 @ 7.0% cap · market cap 6.33%
Theoretical Best
Specialty Retail
$587.2K
$513.8K – $685.0K
NOI $41,101 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mortgage Refinance Manchester ...
Loan Service
Senior Wyze Senior ...
Nursing Home
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4525155
- Latitude
- 42.9895205
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Classic 1910 duplex offering two units with five bedrooms, two bathrooms, and forced-air gas heating.
Where is this duplex located?
The property is located at 312 Merrimack Street Manchester, NH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Classic 1910 Manchester NH duplex at 312 Merrimack Street with public water service; Total 2,391 SF interior space with 5 bedrooms and 2 bathrooms across the two units; Natural gas heating with hot water/baseboard system for winter comfort
