Homes for sale - 489 Pine ST, Manchester, NH 03104

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Kasia Butterfield

kasia@thecblife.com +1(802) 369-0188

Listed by Mike Giannone • The Aland Realty Group

$ 3,049,900

Est. payment | -/mo

9 Beds

8 Baths

4,095 SqFt

Save

$ 3,049,900

Est. payment | -/mo

Save

9 Beds

8 Baths

4,095 SqFt

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

GET MORE INFORMATION

Kasia Butterfield

REALTOR® | Lic# V:081.0004204 | N.H.:058769

kasia@thecblife.com

+1(802) 369-0188

55 Village Green Circle Quechee, VT, 05059

489 Pine ST Manchester, NH 03104

Kasia Butterfield

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

489 Pine ST