Multi-Generational Duplex-Style
4 S Grater Road Merrimack, NH 03054
4 S Grater Road, Merrimack, NH, 03054
$1,600,000
For Sale
$1,600,000
MULTI_FAMILY - Contemporary - Merrimack, NH
Property Size4,987 SF
Lot Size2.97 Acres
Price / SF$320.83
Days on Market52
Property Features for 4 S Grater Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RESIDE
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 2, Bathroom 3, Basement, Bedroom 4, Bedroom 1, Bedroom 3
- Parking features
- Garage, Open, Driveway
- Patio and Porch features
- Porch, Deck
- Exterior features
- Deck, Garden Space, Outbuilding, Covered Porch, Enclosed Porch
- Fireplace
- 1
- Appliances
- On Demand Water Heater
- Standard status
- Active
- Size
- 4,987 SF
- Lot size
- 2.97 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18225
Utilities
- Heating system
- Ductless (Heating), Fireplace(s), Natural Gas
- Cooling system
- Zoned, Ductless, Central Air
- Water source
- Well
Building Details
- Year built
- 2016
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Hardwood
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Contemporary
- Additional Structures
- Outbuilding
Listing Agency
Keller Williams Realty-Metropolitan
(603) 232-8282
168 South River Rd., Bedford, NH
Listed by
Frank DiDonato
(603) 232-8282
Added: May 30 Checked: Jul 20 at 3:06 am
MLS# 5091835
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.
Investment Insights
Based on property information with market context.
This contemporary multi-generational home is configured as a larger primary residence with a separate full 1-bedroom ADU apartment on the lower level. The layout includes open concept kitchen, living, and dining areas with hardwood floors and 9-foot ceilings, plus multiple bathrooms and flexible interior space. Upstairs features a primary suite with a tiled steam shower, double vanity, and a soaking tub. Additional spaces include a family room, an office nook, and a princess 3/4 bath in the turret. The lower level offers a flex area that can serve as a gym or additional bedroom.
Outside, the property includes a large Trex deck with a gas line for a grill and a patio below, set on a wooded knoll with privacy. There is an attached 2-car garage with an EV charging station, along with a separate 3-story detached 2-car garage for additional vehicles and storage. The listing is for sale and is located in Merrimack, New Hampshire.
Outside, the property includes a large Trex deck with a gas line for a grill and a patio below, set on a wooded knoll with privacy. There is an attached 2-car garage with an EV charging station, along with a separate 3-story detached 2-car garage for additional vehicles and storage. The listing is for sale and is located in Merrimack, New Hampshire.
Key Highlights
- 2016 contemporary cape with approx. 5,000 sq ft on 3 acres with landscaped yard and woods setting
- Multi‑generational layout plus a 1‑bedroom ADU with kitchen/living area, gas fireplace, en suite bath, double vanity, walk‑in shower, closet, and laundry
- Custom kitchen with huge island seating for 6, veggie sink, granite countertops, gas stove with range hood, and stainless‑steel appliances
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 | $110.7k | $22.20 |
| − Vacancy | −$6.1k | −$1.22 |
| EGI | $104.6k | $20.98 |
| − OpEx | −$31.4k | −$6.29 |
| NOI | $73.2k | $14.69 |
4,987 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$915.5K – $1.22M
NOI $73,236 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$969.3K
$848.2K – $1.13M
NOI $67,853 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$9.14M
$7.99M – $10.66M
NOI $639,583 @ 7.0% cap · market cap 39.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Large contemporary residence with an attached ADU, flexible lower-level space, and multiple garages on a wooded lot.
Where is this duplex located?
The property is located at 4 S Grater Road Merrimack, NH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2016 contemporary cape with approx. 5,000 sq ft on 3 acres with landscaped yard and woods setting; Multi‑generational layout plus a 1‑bedroom ADU with kitchen/living area, gas fireplace, en suite bath, double vanity, walk‑in shower, closet, and laundry; Custom kitchen with huge island seating for 6, veggie sink, granite countertops, gas stove with range hood, and stainless‑steel appliances
