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492-494 Wilson StreetManchester, NH 03103MLS Number 5014194

  • Sale Price: $935,000
  • 163 Days Since Sale
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492-494 Wilson Street Manchester NH 03103
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    Massive, fully-occupied 5-unit multifamily property on Manchester's East Side consisting of one 4-bedroom unit, three 3-bedroom units, and one 1-bedroom unit. This property has been significantly improved by the current owner and features new vinyl plank flooring, wooden cabinets, fresh paint throughout, and new bathroom vanities with fixtures. Rents are terrific at $10,330/month or ~$123K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. The property's ~$86K/year in NOI makes this listing a 9.0% cap. There is ample street parking available in the immediate vicinity. Washer/dryer hookups are in each unit. The property's certificate of compliance (COC) is pending renewal. Owner is a real estate licensee. Delayed Showings will take place on Friday, September 20th and Saturday, September 21st.
    Listed by Nick Gray of Gray Property Group,LLC

    Listing Sold by Realty ONE Group NEST

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    Gilman Real Estate

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    Gilman Real Estate
    Office: 603-772-0808
    39 Front St
    Exeter, NH 03833

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    Basic Information

    • StatusSLD
    • List Price$925,000
    • Date Price Change09/13/2024
    • MLS Number5014194
    • MLS StatusClosed
    • Sale Date11/14/2024

    Property

    • Acreage0.06
    • GarageNo
    • Parking Spaces
    • Lot DescriptionCity Lot
    • Lot17
    • Square Feet5,884
    • APX Fin AG Sqft5,884
    • AreaNH-Hillsborough

    Other

    • Seasonal Y/NNo
    • Date Listed09/13/2024
    • Date Showings Begin2024-09-20
    • Unit 1 Deposit$1,800
    • Unit 2 Rent Amount$2,000
    • Unit 3 Rent Amount$1,830
    • Unit 4 Rent amount$2,700
    • Unit 5 Rent amount$2,000
    • View Count4

    Location

    • TownManchester
    • StateNH
    • Zip03103
    • CountyHillsborough
    • ZoningRES 4-8UNIT MDL-03
    • Address492-494 Wilson Street
    • Flood Zone Y/NNo

    Exterior

    • RoofMembrane, Rolled

    Utilities

    • Heat SystemNatural Gas, Baseboard
    • Electric60 Amp
    • SewerPublic
    • UtilitiesCable

    Amenities

    • PricePerSqFt158.91

    Building

    • Year Built1883
    • Building ConstructionOther, Vinyl Siding
    • Units5
    • Unit 1 Bath1
    • Unit 1 Bedrooms2
    • Unit 1 Floor Location492-1
    • Unit 2 Bath1
    • Unit 2 Bedrooms3
    • Unit 2 Floor Location494-1
    • Unit 3 Bath1
    • Unit 3 Bedrooms3
    • Unit 3 Floor Location494-2
    • Unit 4 Bath2
    • Unit 4 Floor Location494-3
    • Unit 5 Baths1
    • Unit 5 Bedrooms3
    • # of 2 Bedrooms2
    • # of 3+ Bedrooms3
    • BasementDirt
    • FoundationOther
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    Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 26, 2025 12:22 AM EDT

     

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