Listed by Mike Giannone with The Aland Realty Group 603-501-0463
Active
489 Pine Street
Manchester NH, 03104
$3,049,900
$744.79 per sqft
Active
9 Beds
8 Baths
4,095 sqft
Multi-family
Built in 1920
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!
5022062
MLSⓇ ID
November 13, 2024
Listed
November 14, 2024
Updated
Map
489 Pine Street
Manchester NH, 03104
Interior Features
Bedrooms
9
Total Bathrooms
8
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Air, Gas - Natural
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Flat
Sewer
Public
School Information
School District
Annual
High School
Central High School
Elementary School
Beech Street School
Other Property Details
Area Name
NH-Hillsborough
Taxes
$8,877
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
1
Parking
Detached
View
No
County
Month to Month
Pool
No
Listed by Mike Giannone with The Aland Realty Group 603-501-0463
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