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489 Pine Street

489 Pine Street Manchester, NH 03104

Multi-Family (2-4 Units) MLS #: 5022062 Courtesy Of The Aland Realty Group, LLC

$3,049,900

9 beds | 8 baths | 4,095 sq ft
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Est. Property Tax: $8,877
Estimated monthly payments: $14,072/mo.* (recalculate)
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Property InformationDescription

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!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Refrigerator
  • Architecture Style: Other
  • Lot Size: 0.11 Acres
  • Rooms: Basement

MAP & DIRECTIONS

MAP & DIRECTIONS

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489 Pine Street, Manchester, NH 03104
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School Information

489 Pine Street, Manchester, NH 03104

Elementary School
Grades KG-5 | Public School
MCDONOUGH SCHOOL
Manchester, NH 03104
550 Lowell St
603.­624.6373
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
10:1
Total Students
430
Middle School
Grades 6-8 | Public School
HILLSIDE MIDDLE SCHOOL
Manchester, NH 03104
112 Reservoir Ave
603.­624.6352
Distance: 0.8 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
791
High School
Grades 9-12 | Public School
MANCHESTER SCHOOL OF TECHNOLOGY (HIGH SCHOOL)
Manchester, NH 03103
100 Gerald Connors Cir
603.­624.6490
Distance: 2.6 mi
School Rating
D
Student:Teacher Ratio
12:1
Total Students
383
High School
Grades 9-12 | Public School
MANCHESTER CENTRAL HIGH SCHOOL
Manchester, NH 03104
535 Beech St
603.­624.6363
Distance: 0.3 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
1246
Other Nearby Schools Distance Type Grades School Rating
Kreiva Academy Public Charter School (m) 0.1 mi Public 6-8
Kreiva Academy Public Charter School (h) 0.1 mi Public 9-12
North End Montessori School 0.3 mi Private PK-4
Ymca Of Downtown Manchester Early Learning Center 0.3 mi Private PK-KG
Colorful Apples Learning Center 0.4 mi Private PK-KG
St Augustin Preschool 0.5 mi Private KG
Beech Street School 0.8 mi Public KG-5 F
Polaris Charter School 0.9 mi Public KG-5 B
St Marie Child Care Center 0.9 mi Private PK-KG
Holy Family Academy 0.9 mi Private 7-12
Henry Wilson Elementary School 0.9 mi Public KG-5 F
Smyth Road School 1.0 mi Public PK-5 C
Manchester West High School 1.0 mi Public 9-12 F
Trinity High School 1.1 mi Private 9-12
Gossler Park School 1.1 mi Public KG-4 D
Middle School At Parkside 1.2 mi Public 5-8 D-
St Benedict Academy 1.2 mi Private PK-6
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Manchester, NH 03104

Median Age: 39
Married: 37%
Number of Households: 14,451
Households with Children: 21.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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