489 Pine Street, Manchester NH 03104

← Back to search

$1,245,000

489 Pine Street, Manchester, NH 03104

bedrooms

bathrooms

square feet

4,095

Acreage

0.11

Open Houses

year built

1920

Full Baths

Half Baths

Find out more

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!

Location
Subdivision	-
County	Hillsborough
Elementary School	Beech Street School
Middle School	Southside Middle School
High School	Central High School

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Mike Giannone, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 5022062

Listing agent: Mike Giannone

Listing broker: The Aland Realty Group, Llc (207) 251-4762

Last update: Saturday, February 15 2025 at 2:00 p.m. EST

Kotohomes National