Established 15 unit rooming house covering 3 generations. Well maintained throughout including new roof in 2018, FHW natural gas heat updated within 8 yrs. , common hallways painted in 2023, new Thermopane windows within 5 years, new kitchen floor including subfloor in 2021, new GE refrigerator and Range, several updated rooms, exterior painted in 2018. Communal kitchen, 4 bathrooms, 1st floor laundry. Paved parking with 2 separate driveways. 2024 Tax Return showed $127,560 gross rent. With current rents projected rent could exceed $180K. Total expenses: $30K. Rarely a vacancy here in much sought after congregate living housing that fits an important affordable housing niche in Manchester. Corner lot with nearby shopping and public transportation.
Active
Listed by:
Richard Dumont,
Century 21 Dumont and Assoc. 603-668-5100
$1,250,000
151 Pearl Street, Manchester, NH 03104
--beds
--baths
4,782sqft
Est.:
Multi Family
Built in 1890
-- sqft lot
$1,203,700 Zestimate®
$261/sqft
$-- HOA
What's special
Several updated roomsCorner lotCommunal kitchen
- 101 days
- on Zillow |
- 256 |
- 7 |
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