Local Realty Service Provided by: Better Homes and Gardens Real Estate The Milestone Team
489 Pine Street ,
Manchester, NH 03104
Multi-Family
Active
Listed by: Mike Giannone
The Aland Realty Group
603-501-0463
Price Summary
- $3,049,900
- $558.59 per Sq. Ft.
- $8,877 (2024) Taxes
About This Home
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!
Home Facts
- Multi-Family
- Built in 1920
- 8+ Community
Listing ID #: 5022062
Last Updated: December 4, 2024, 11:24 AM
Added: 26 days ago
Rooms & Interior
Interior
Living Area: 4,095 Sq. Ft.
Structure & Exterior
Roof: Flat
Year Built: 1920
Building Area: 5,460 Sq. Ft.
Location & Schools
Schools
Elementary School: Beech Street School
Middle School: Southside Middle School
High School: Central High School
Utilities
Sewer: Public Available
Finances & Disclosures
Finances
Price: $3,049,900
Price per Sq. Ft: $558.59
Disclosures
Tax Amount: $8,877
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