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
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