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151 Pearl Street, Manchester, NH 03104

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For Sale

$1,250,000

15 beds • 4 baths • 9,143 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • Newly Listed
    Time on Century 21

  • 1890
    Year built

  • $136.72
    Price per square foot

Explore this Property

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. Seller had the sewer line redone and the asphalt all redone this year. Corner lot with nearby shopping and public transportation. 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.
MLS# 5068200

Listed By CENTURY 21 Dumont & Associates

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range / Oven, Refrigerator
  • Basement
    Full
  • Cooling
    Other A/C
  • Exterior Description
    Wood Siding
  • Flooring
    Hardwood, Linoleum
  • Heating - Fuel Type
    Gas
  • Heating Type
    Other
  • Kitchen Features
    Eat-in Kitchen
  • Lot Description
    Level, Corner
  • Lot Size
    Under 1/2 Acre, 0.22 Acres
  • Road Type
    City / Town Street
  • Roof
    Asphalt Shingle Roof
  • Sewer
    Public
  • Style
    Multi Level
  • Water
    City Water

Map and Directions

Directions to 151 Pearl Street, Manchester, NH 03104

Home seller Meet the Agent,
Richard A Dumont

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Richard A Dumont

of CENTURY 21 Dumont & Associates

(603) 391-6421
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.