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Listed by Casey Purinton • BHHS Verani Londonderry • Phone: 603-397-8246
$ 1,675,900
Est. payment /mo
Price Dropped by $15.1M
72 Prospect ST #557 Pine Street Manchester, NH 03104
15 Beds
8 Baths
7,563 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,563 sqft
Price per Sqft $221
MLS Listing ID 5043156
Bedrooms 15
Full Baths 8
Construction Status Existing
Year Built 1910
Annual Tax Amount $14,841
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Description
This well-maintained 8-unit property is comprised of: two 3-bedroom, three 2-bedroom, and three 1-bedroom apartments. All units are separately metered, with tenants responsible for their own utilities. The property includes 10 off-street parking spaces and a laundry room with coin-operated washer and dryer. Significant upgrades include a lead abatement, with DHHS Lead Safe Certificates for each unit, and a new main water line installed in 2024. The large basement houses three boilers and nine hot water heaters. Heating is provided via a combination of natural gas and electric systems: six units are natural gas (three boilers, three Rinnai heaters), while two units are heated by electric mini-splits. Six units are in active leases and two are month-to-month. The property generates an annual NOI of approximately $132,000.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Concrete, Concrete Floor, Exterior Access, Full, Unfinished
Interior
Cooling Mini Split, None
Exterior
Utilities Available Cable, Gas - On-Site
Roof Type Other,Shingle,Slate
Building
Story 3
Foundation Brick, Granite, Stone
Sewer Public
Architectural Style Apartment Building, Multi-Family
Construction Status Existing
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