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  • Listed by: Imperial Properties
    Bought with: Imperial Properties
    $1,300,000

    251 Pine Street, Manchester, NH 03103

    --beds
    --baths
    8,472sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,328,500 Zestimate®
    $153/sqft
    $1,944 Estimated rent

    Home value

    $1,328,500

    $1.22M - $1.45M

    $1,944/mo

    Zestimate® history
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    $7,132/mo

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    What's special

    Huge Price Reduction! Investors will be pleased to discover the solid rental history and the exceptional growth potential of this 10 Unit property. This property boasts updated siding, windows, and common areas, with many of the ten units having updates as well and with the building overall extremely well cared for. On site laundry. This property has the benefit of a whole building sprinkler system, offering peace of mind. The office space is attractive to all small business owners and consists of a main area, conference room, kitchen, and bathroom. The office is currently rented but holds potential for a future apartment conversion. Manchester is a thriving economic hub with a diverse and robust community, ensuring a steady demand for a place to call "home". This property's convenient location, and growth potential make it an appealing choice for investors seeking stable returns and long-term profitability. See Offering Memorandum in documents for more information. Don't miss the chance to capitalize on the thriving Manchester market with 251 Pine Street! Book your showing Now!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lia Damm-Dennehy,

    Imperial Properties 603-257-5000

    Bought with:

    Lia Damm-Dennehy

    Imperial Properties

    Source: PrimeMLS,MLS#: 4959823MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas, Hot Water
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full,Exterior Entry,Walk-Up Access
    Interior area
    • Total structure area: 11,296
    • Total interior livable area: 8,472 sqft
    • Finished area above ground: 8,472
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    • Frontage length: Road frontage: 48
    Lot
    • Size: 4,792 sqft
    • Features: City Lot
    Details
    • Parcel number: MNCHM0054B000L0031
    • Zoning description: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone
    • Roof: Rolled/Hot Mop
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Manchester

    Price history

    DateEventPrice
    7/28/2025Sold$1,300,000+18.2%$153/sqft
    Source: Public Record Report a problem
    2/21/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/8/2024Listed for rent$1,350
    Source: Zillow Rentals Report a problem
    12/26/2023Sold$1,100,000-12%$130/sqft
    Source: PrimeMLS #4959823 Report a problem
    11/14/2023Contingent$1,250,000$148/sqft
    Source: PrimeMLS #4959823 Report a problem
    10/16/2023Price change$1,250,000-7.4%$148/sqft
    Source: PrimeMLS #4959823 Report a problem
    9/6/2023Price change$1,350,000-3.6%$159/sqft
    Source: PrimeMLS #4959823 Report a problem
    7/4/2023Listed for sale$1,400,000+59.1%$165/sqft
    Source: PrimeMLS #4959823 Report a problem
    12/28/2020Sold$880,000+3.6%$104/sqft
    Source: PrimeMLS #4834702 Report a problem
    10/16/2020Listed for sale$849,700+314.5%$100/sqft
    Source: Elm Grove Realty #4834702 Report a problem
    2/21/2012Sold$205,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$13,851 +3.8%$707,400
    2023$13,342 +3.4%$707,400
    2022$12,903 +3.2%$707,400
    2021$12,507 +19.8%$707,400 +67%
    2020$10,444 +1.4%$423,500
    2019$10,300 +2.7%$423,500
    2018$10,028 +1.5%$423,500
    2017$9,876 +0.8%$423,500
    2016$9,800 -4.8%$423,500 -3.6%
    2015$10,297 -0.3%$439,300
    2014$10,324 $439,300

    Find assessor info on the county website

    Neighborhood: Kalivas Union

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,328,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,328,500