Properties

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!

Property Details
Active
Yes
$8, 877
2024
1
Residential R3
Public
4, 792 Sqft
Yes
$745
65
Location
489 Pine Street
NH-Hillsborough
US
NH
Manchester
03104
NH-Hillsborough
Beech Street School
Manchester Sch Dst SAU #37
Southside Middle School
Central High School
No
Pine St, North of Bridge.
Exterior
No
: Detached
Stone
Flat
Existing
0
Paved
Interior
: Full
Utilities
Public
: Hot Air
: No
Circuit Breaker(s)
Gas - Natural
Cable, Other, Phone
Listing Info
283337

For Sale

489 Pine Street, Manchester, New Hampshire 03104

5,460 Sqft
$3,049,900
MLS # 5022062
Basic Info
The Aland Realty Group
Mike Giannone
Property Type :
Listing Type : For Sale
Price : $3, 049, 900
Lot Area : 0.11 Acre
Square Footage : 5, 460 Sqft
Year Built : 1920
MLS # : 5022062
Days On Market : 1
Agent info
Cowan & Zellers
Contact Agent