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North End Duplex with Updated Systems

77 Merrow Street Manchester, NH 03104

77 Merrow Street, Manchester, NH, 03104
$549,900
For Sale
Under Contract
$549,900

MULTI_FAMILY - Other - Manchester, NH

Property Size1,728 SF
Lot Size0.12 Acres
Price / SF$318.23
Days on Market66

Property Features for 77 Merrow Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1
Patio and Porch features
Deck
Exterior features
Deck
Standard status
Active Under Contract
Size
1,728 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6382

Utilities

Utilities
Cable Available
Heating system
Forced Air
Water source
Public

Building Details

Year built
1950
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile - Ceramic, Carpet
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency Keller Williams Realty-Metropolitan
168 South River Rd., Bedford, NH
Listed by Frank DiDonato
Added: May 15 Checked: Jul 19 at 5:06 am
MLS# 5089281 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 duplex offers two separate 2-bedroom, 1-bath units, with each unit including a 1-car garage. Interior features include hardwood floors and ample storage. The property’s heating systems and roof have been updated within the last 5–7 years, and a certificate of occupancy is noted as in good standing until April 2027. One unit is currently vacant, supporting an owner-occupant or investor strategy.

The home is located in Manchester’s North End on a dead-end cul de sac. The listing indicates the opportunity may accommodate a quick closing.

From a practical tenant and owner standpoint, the layout supports straightforward, like-for-like use across both units, while the garage and storage add day-to-day convenience. With one unit already vacant, the property may offer flexibility for immediate occupancy or a streamlined move-in plan, subject to the buyer’s objectives and schedule.

Key Highlights

  • North End duplex on a dead‑end cul‑de‑sac
  • 2 beds, 1 bath per unit with a 1‑car garage for each unit
  • Heating systems and roof updated within the last 5–7 years

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 $35.3k $20.40
− Vacancy −$1.9k −$1.12
EGI $33.3k $19.28
− OpEx −$10.0k −$5.78
NOI $23.3k $13.49
1,728 SF · lease $20.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$333.1K
$291.5K – $388.7K (±1% cap)
NOI $23,319 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$310.2K
$271.4K – $361.9K (±1% cap)
NOI $21,715 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$424.3K
$371.3K – $495.1K (±1% cap)
NOI $29,704 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office HVAC Service Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop (Bike/Boat/Book/etc) Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 2-bedroom units with hardwood floors, garages, and updated heating and roof, with one unit currently vacant.
Where is this duplex located?
The property is located at 77 Merrow Street Manchester, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: North End duplex on a dead‑end cul‑de‑sac; 2 beds, 1 bath per unit with a 1‑car garage for each unit; Heating systems and roof updated within the last 5–7 years
Contact an agent
More about this property
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