Listing courtesy of Mike Giannone, The Aland Realty Group Phone: 603-501-0463
489 Pine Street, Manchester, NH, 03104
9 beds
8 Full baths
1920
Apartment Building
4,095 sqft
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!
Status:
Active
Type:
Multi-family
Units:
8
Zoning:
Residential R3
Frontage:
65
Garage:
1-car Garage
Heating:
Natural Gas, Hot Air
Cooling:
None
Basement:
Full
Parking:
Detached
Acreage:
0.11
Est. Taxes:
$8,877
Assessment
$470,700
Lot Description:
Level
Elementary School:
Beech Street School
Middle School:
Southside Middle School
High School:
Central High School
School District:
Manchester Sch Dst SAU #37
MLS #:
5022062