498 Merrimack St, Manchester, NH

Name: 498 Merrimack St, For Sale in Manchester - eXp Realty
Brand: Keller Williams Realty Metro-Londonderry
SKU: 5114001
Price: 439500 USD

House

For Sale

Listed price in listed location currency (USD).

$439,500

000

MLS® 5114001

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 2560 sqft

Garage

Taxes $6,131

Days Active 0

Lot Size 0.07 Acres

Approx. Age 1900

Avg. Price Per Sqft $171

MLS® Number 5114001

Property Address: 498 Merrimack St, Manchester, NH, 03103-4138

Average square foot calculated using Size range provided by listing agent.

Description

Two spacious units, multiple potential tenant pools, and plenty of opportunity to add value make this Manchester multi family the one investors will want to take a closer look at! Each unit offers approximately 1, 280 sq. ft. with 2 to 3 bedrooms, separate entrances and separate utilities, providing flexibility for investors, owner occupants, or multigenerational living. Each unit, per the city, has two bedrooms, but the third spacious room could be used as a third sleeping area, home office, flex space, etc. The basement offers an abundance of additional storage for both units. Situated on a corner lot, there may also be potential to add another driveway for additional off street parking, subject to city approval. All but two windows were replaced in 2018. With some fresh paint and carpeting, this property offers an opportunity to make simple improvements while adding your own finishing touches. The location adds another layer of investment potential. Elliot Hospital is less than five minutes away, making the property an attractive option for traveling nurses and other healthcare professionals. Elm Street's dining, nightlife, and downtown amenities are approximately 10 minutes away, while UNH Manchester, Saint Anselm College, SNHU, Manchester Community College, and Franklin Pierce University contribute to a diverse potential tenant pool of students, faculty, and staff. Looking beyond a traditional rental? The size and layout could also make this a fantastic multigenerational option. Generous unit sizes, a convenient location, value-add potential, and an amazing price create an opportunity that's hard to ignore. Whether you're expanding your portfolio, purchasing your first multifamily, or looking for a property where you can live in one unit and rent the other, this one is worth a closer look. Seller will provide a new Certificate of Compliance (COC) at closing.

MLS® Number5114001

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1900

BasementFull, Interior Entry, Storage Space, Interior Stairs, Unfinished

DrivewayDriveway, Off Street

Garage Spaces

HeatNatural Gas, Oil, Forced Air, Monitor Type

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 13, 2026List Date

$439,500List Price

-End Date

Not Sold YetSold Price

For Sale

Sep 28, 2026List Date

$475,000List Price

Commute

Commute

Starting Address

Destination Address

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