151 Pearl ST Active Save Request In-Person Tour Request Virtual Tour
Manchester,NH 03104
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,782 sqft
Price per Sqft $261
MLS Listing ID 5031146
Construction Status Existing
Year Built 1890
Annual Tax Amount $7,248
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Description
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.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R-3
Rooms
Basement Entrance Interior
Basement Full
Interior
Cooling Individual
Flooring Hardwood,Vinyl
Exterior
Garage Description On-Site,Parking Spaces 1 - 10,Paved
Utilities Available Other
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Granite
Sewer Public
Architectural Style Victorian
Construction Status Existing
Schools
Elementary Schools Mcdonough School
Middle Schools Hillside Middle School
High Schools Central High School
School District Manchester School District