489 Pine Street, Manchester, New Hampshire, United States

Report Listing

Home For Sale

$3,049,900

489 Pine Street
Manchester, New Hampshire, United States

9bd 8ba 4,095 sqft

Listed By: Homes & Land Magazine

Listed On: 12/10/2024

Listing ID: GL12001046 View More Details

Description

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. Donrsquo;t miss your chance to own this income-generating Multi-family portfolio in Manchester, NH!