#5031146, Richard Dumont, Listing Office: Century 21 Dumont and Assoc.

489 Pine St Manchester, NH 03104
Property details
About 489 Pine St
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!
Highlights
Summary
- MLS Number: 5022062
- Office Name: The Aland Realty Group
- Office Phone: (603) 501-0463
- Office Email: chris@alandrealty.com
- Listing Agent: Mike Giannone
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Last updated on: 3/15/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,245,000
489 Pine St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 11, 2007 | Home Sold | $375,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $470,700 | $8,877 |
2022 | $470,700 | $8,586 |
2021 | $470,700 | $8,322 |
2020 | $270,200 | $6,663 |
2019 | $270,200 | $6,571 |
2018 | $266,500 | $6,311 |
History based on county public records data.
Nearby schools
1
Beech Street School
Public District KG-5
0.8 mi
•333 Beech St
6
Polaris Charter School
Public Charter KG-5
0.8 mi
•100 Coolidge Ave
1
Henry Wilson Elementary School
Public District KG-5
0.9 mi
•555 Cedar St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. Typical income of Manchester, NH residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Manchester, NH
About 489 Pine St
This home is located at 489 Pine St in Manchester, NH and zip code 03101. This 4,095 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,245,000.
Over 32 listings were sold over their listed price in February 2025 in Manchester, NH. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price. In February 2025 in Manchester, NH there were 21.6% more homes for sale than in January. The median list price of listings available in February 2025 was $390,000, while the average time on the real estate market was 46 days.