Established 15 unit rooming house covering 3 generations. Well maintained throughout including new roof in 2018, FHW natural gas heat updated within 8 yrs. , common hallways painted in 2023, new Thermopane windows within 5 years, new kitchen floor including subfloor in 2021, new GE refrigerator and Range, several updated rooms, exterior painted in 2018. Communal kitchen, 4 bathrooms, 1st floor laundry. Paved parking with 2 separate driveways. 2024 Tax Return showed $127,560 gross rent. With current rents projected rent could exceed $180K. Total expenses: $30K. Rarely a vacancy here in much sought after congregate living housing that fits an important affordable housing niche in Manchester. Corner lot with nearby shopping and public transportation.
Listing courtesy of Richard Dumont at Century 21 Dumont and Assoc.Property Details
Price:
$1,250,000
MLS #:
5031146
Status:
Active
Baths:
0
Address:
151 Pearl Street
Type:
Multi Family
City:
Manchester
Listed Date:
Mar 3, 2025
State:
NH
Finished Sq Ft:
4,782
ZIP:
03104
Lot Size:
9,583 sqft / 0.22 acres (approx)
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Schools
School District:
Manchester School District
Elementary School:
McDonough School
Middle School:
Hillside Middle School
High School:
Central High School
Interior
Basement Description
Full
Cooling
Individual
Electric
Circuit Breaker(s)
Flooring
Hardwood, Vinyl
Heating
Hot Water
Exterior
Driveway
Paved
Exterior Features
Windows – Double Pane
Foundation
Granite
Parking
On- Site, Parking Spaces 1 – 10, Paved
Roof
Shingle – Asphalt
Sewer
Public
Utilities
Other
Financial
Map
Community
- Address151 Pearl Street Manchester NH
- CityManchester
- Zip Code03104
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