$1,250,000

151 Pearl St Manchester, NH 03104

Downtown Manchester Neighborhood

Estimated payment $7,183/month

Total Views 10,176
-- Bed
-- Bath
4,782 Sq Ft
$261 Price per Sq Ft

Highlights

  • Wood Flooring
  • Corner Lot
  • 1-minute walk to Pulaski Park
  • Victorian Architecture
  • Hot Water Heating System

About This Home

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.

Listing Agent

Richard Dumont

Century 21 Dumont and Assoc. License #001376 Listed on: 11/01/2025

Century 21 Dumont and Assoc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,525

Year Built

  • Built in 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Victorian Architecture
  • Clapboard

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Paved Parking
  • On-Site Parking
  • 1 to 5 Parking Spaces

Schools

  • Mcdonough Elementary School
  • Hillside Middle School
  • Central High School

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5

Community Details

Overview

  • 15 Units

Building Details

  • Gross Income $178,000
  • Net Operating Income $148,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,525

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: Property is on the corner of Pearl and Union Street.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1890
  • Display On Internet: Cable Internet
  • Architectural Style: Victorian
  • ResoLotFeatures: Corner Lot, Curbing, Level, In Town
  • Road Frontage Type: Public Maintained Road
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 4782.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Hardwood, Vinyl
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Exterior Features: Double Pane Window(s)
  • Roof: Asphalt Shingle
  • Construction Type: Clapboard Exterior
  • Foundation Details: Granite

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, Parking Spaces 1 - 10, Paved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Hot Water
  • Cooling: Individual
  • Trash: Municipal
  • Utilities: Other
  • Water Source: Public

Schools

  • Elementary School: McDonough School
  • High School: Central High School
  • Middle Or Junior School: Hillside Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: R-3
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Multi Family

  • Gross Income: 178000.0
  • Number Of Units Total: 15
  • Net Operating Income: 148376.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7525.0
  • Tax Block: 0
  • Tax Lot: 24
  • Tax Map Number: 5

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,525 $384,300 $85,600 $298,700
2023 $7,248 $384,300 $85,600 $298,700
2022 $8,434 $462,400 $85,600 $376,800
2021 $8,175 $462,400 $85,600 $376,800
2020 $74 $294,200 $74,400 $219,800
2019 $7,155 $294,200 $74,400 $219,800
2018 $8,131 $294,200 $74,400 $219,800
2017 $6,808 $294,200 $74,400 $219,800
2016 $6,808 $294,200 $74,400 $219,800
2015 $6,540 $279,000 $66,600 $212,400
2014 $6,557 $279,000 $66,600 $212,400
2013 $6,325 $279,000 $66,600 $212,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2025 11/01/25 For Sale $1,250,000 -- $261 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5068200

PrimeMLS

APN: MNCH-000005-000000-000024

New Hampshire Hillsborough County Manchester 03104 Downtown Manchester

151 Pearl St, Manchester, NH

For Sale

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Richard Dumont
Listing Agent
Richard Dumont
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Century 21 Dumont and Assoc.
(603) 391-6421