72 Prospect Street #557 Pine Street Manchester, NH SOLD
$1,600,000
Beds 15
Baths 8
Square Footage 7,563
Acres 0.23
Presented By
Sold By
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.
Listed by BHHS Verani Londonderry, Casey Purinton 603-397-8246
Sold by BHHS Verani Nashua, Tejinder Bhogal 603-888-4600
Details
MLS 5043156
Price $1,600,000
Status Closed
DOM 79 days
Type Multi-Family
Style Multi-Family, Apartment Building
Beds 15
Baths 8 full baths
Square Feet 7,563 sqft
Lot Size 0.23 acres
Year Built 1910
Lot & Building Features
Utilities Gas On-Site, Cable
Construction Aluminum Siding, Wood Frame
Cooling Mini Split, None
Heating Mini Split, Natural Gas, Heat Pump, Gas Heater, Electric, Hot Water, Baseboard
Sewer Public
Tax Year 2024
Water Public
Basement Description Exterior Access, Bulkhead, Concrete Floor, Concrete, Unfinished, Full
Foundation Granite, Brick, Stone
Lot Description City Lot
Roof Other, Slate, Shingle
Garage No
Unit Features
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Info Gas Heat
Unit 1 Lease Term Annual
Unit 1 Level Number 72-1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2060.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Hot Water, Heat, Electric
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Info Gas Heat
Unit 2 Lease Term Annual
Unit 2 Level Number 72-2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2045.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Hot Water, Heat, Electric
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Info Gas Heat
Unit 3 Lease Term Annual
Unit 3 Level Number 557-1
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1525.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Hot Water, Heat, Electric
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Info Gas Heat
Unit 4 Lease Term Annual
Unit 4 Level Number 557-2
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1550.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 4 Tenant Pays Hot Water, Heat, Electric
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Info Gas Heat
Unit 5 Lease Term Annual
Unit 5 Level Number 557-3
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 1465.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Leased
Unit 5 Tenant Pays Hot Water, Heat, Electric
Unit 6 Baths 1
Unit 6 Bedrooms 2
Unit 6 Lease Term Annual
Unit 6 Level Number 557-4
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 1765.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 6 Tenant Pays Hot Water, Heat, Electric
Unit 7 Baths 1
Unit 7 Bedrooms 1
Unit 7 Info Gas Heat
Unit 7 Lease Term Annual
Unit 7 Level Number 557-5
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 1550.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 7 Tenant Pays Hot Water, Heat, Electric
Unit 8 Baths 1
Unit 8 Bedrooms 2
Unit 8 Lease Term Annual
Unit 8 Level Number 557-6
Unit 8 Rental Agreement Yes
Unit 8 Rental Amount 1780.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Status Leased
Unit 8 Tenant Pays Hot Water, Heat, Electric