489 Pine Street, Manchester, NH 03104
489 Pine Street

489 Pine Street

489 Pine Street, Manchester, NH

$3,049,900

HIGHLIGHTS
  • 9 Beds
  • 4,792 Sq.Ft. Lot
  • 4,095 Sq.Ft. Living
  • 1920 Year Built
  • For Sale Status
  • 5022062 MLS® ID
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!
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FEATURES & AMENITIES

Interior

  • Total Bedrooms9
  • Total Bathrooms8

Area & Lot

  • Status For Sale
  • Living Area4,095 Sq.Ft.
  • Lot Area4,792 Sq.Ft.
  • MLS® ID5022062
  • TypeMulti-Family
  • YEAR BUILT1920
  • Elementary SchoolBeech Street School
  • Middle SchoolSouthside Middle School
  • High SchoolCentral High School
  • School DistrictManchester Sch Dst SAU #37

Exterior

  • Garage Spaces1.0
  • roofFlat
  • parkingDetached
  • HEAT TYPEHot Air, Gas - Natural
  • AIR CONDITIONINGNone
  • sewerPublic

Financial

  • Sales Price$3,049,900
  • Real Estate Tax $8,877/yr

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At Brick & Barn Group | Compass, we are New England Real Estate experts! Are you buying or selling a home? Contact us and let's explore how we can work together!

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