489 Pine ST Active Save Request In-Person Tour Request Virtual Tour
Manchester,NH 03104
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,095 sqft
Price per Sqft $744
MLS Listing ID 5022062
Bedrooms 9
Full Baths 8
Construction Status Existing
Year Built 1920
Annual Tax Amount $8,877
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Part of a 19-unit portfolio located in Manchester, NH consisting of 3 separate properties. The portfolio must be sold together! 489 Pine Street, Manchester, NH is an 8-unit multifamily property that includes 4,095 square feet of finished living space. Built-in 1920, this property offers versatility and options for the next owner. Consisting of eight (8) units, one (1)-2 bedroom, 1 bathroom unit, and 7 studio-style units with 1 bathroom each ranging between 250 - 350 sf. Monthly gross rents total $10,210 This property must be sold as a 19-unit portfolio; 355-357 Merrimack Street, MLS#5022063, and 187 Merrimack Street, MLS#5022061. Current Portfolio annual return over 7%+ CAP RATE. This portfolio offers excellent investment potential, with a combined annual gross income of over $311,520. Don't miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Residential R3
Rooms
Basement Entrance Interior
Basement Full
Interior
Heating Gas - Natural
Cooling None
Exterior
Garage Spaces 1.0
Garage Description Detached
Utilities Available Cable,Other,Phone
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Flat
Building
Story 3
Foundation Stone
Sewer Public
Architectural Style Apartment Building
Construction Status Existing
Schools
Elementary Schools Beech Street School
Middle Schools Southside Middle School
High Schools Central High School
School District Manchester Sch Dst Sau #37