489 Pine Street Manchester NH 03104 MLS #5022062

489 Pine Street
Manchester, NH, 03104
$1,245,000
Beds
0 Baths
4,095 SqFt
0.11 Acres
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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 7.25%+ 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!
Listing courtesy of Mike Giannone at The Aland Realty Group

Property Details

Price:
$1,245,000
MLS #:
5022062
Status:
Active
Baths:
0
Address:
489 Pine Street
Type:
Multi Family
City:
Manchester
Listed Date:
Nov 13, 2024
State:
NH
Finished Sq Ft:
4,095
ZIP:
03104
Lot Size:
4,792 sqft / 0.11 acres (approx)
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Schools

School District:
Manchester Sch Dst SAU #37
Elementary School:
Beech Street School
Middle School:
Southside Middle School
High School:
Central High School

Interior

Basement Description
Full
Cooling
None
Electric
Circuit Breaker(s)
Heating
Natural Gas, Hot Air

Exterior

Driveway
Paved
Foundation
Stone
Parking
Detached
Roof
Flat
Sewer
Public
Utilities
Cable, Other, Phone

Financial

Map

Community

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