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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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303 Pine St , Manchester, NH 03103
$2,150,000
Est. Payment: $4,777.78/mo
0 Bed
0 Bath
8344 Sqft
Status: Active | Days on site: 51
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1837 - 613456,628014
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House Description

Investment opportunity in the heart of downtown Manchester. This approximately 8,344 +/- square foot, four-story, mixed-use, property features 13 income producing, one-bedroom apartments, plus an owner's office with potential conversion to an additional apartment (subject to zoning and code approvals.) Approximately 770 +/- square feet of vacant street-level retail office space provides further lease up and income potential, a compelling opportunity for investors seeking existing multifamily income with additional value add potential in a central downtown location. Situated in Manchester's most established and consistently occupied mixed-use neighborhood, the immediate area combines dense residential blocks with neighborhood retail professional offices and service businesses supporting walk-in traffic and a reliable residential tenant base. Downtown Manchester, the Elm Street business district, Catholic Medical Center, and the Millyard, are all within a short drive. Public transportation, dining, and everyday amenities are all nearby. The property has excellent visibility. Its prominent downtown location offers strong daily vehicle and pedestrian traffic, clear signage, potential for the ground floor commercial space, and high exposure within Manchester's core business district.

Highlights

Listed by Deana Arden , 603-431-3001 and Jessie Gilton , 617-820-8443 NAI Norwood Group , 603-668-7000.

Property Type

Commercial Sale

Year Built

1910

County

Hillsborough

Listing ID

5102100

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Yes

Exterior Features

Zoning:Commercial DT-1
Roof:Tar and Gravel
Sewer:Public
Principal Interest
$4,778
Taxes
$773

Home Price

$2,150,000

Loan Details

30 yrs
%

Down Payment

20%
$430,000
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Monthly Price:
$4,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,777.78 $773.17 $0.00 $5,550.94
Yearly $57,333.33 $9,278.00 $0.00 $66,611.33
Total $1,720,000.00 $278,340.00 $0.00 $1,998,340.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Manchester, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.