List Price: $1,100,000 | $187 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 1 One Bedroom Units , 1 - Two Bedroom Units ,3 - Three Bedroom Units
Date Listed Monday Aug 24, 2026 | MLS# 5106468
With 1 One Bedroom Units , 1 - Two Bedroom Units ,3 - Three Bedroom Units
Date Listed Monday Aug 24, 2026 | MLS# 5106468
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-3 Second Floor
494-2 second Floor
494-2 second Floor
494-2 second Floor
494-2 second Floor
494-2 second Floor
492-1 First Floor
492-1 First Floor
492-1 First Floor
492-1 First Floor
494-3 first Floor
494-3 first Floor
494-3 first Floor
To see this Listing
Address: 494 Wilson Street Manchester NH
Listed by AJ Pappas EXP Realty Cell: 978-270-5225
Description:
Exceptional, 5-unit multifamily property located on Manchester's desirable East Side. The strong unit mix consists of one 4-bedroom, two 3-bedroom, one 2-bedroom, and one 1-bedroom apartment. The current owner has significantly improved the property, which now features new vinyl plank flooring, updated wooden cabinets, fresh paint throughout, and new bathroom vanities complete with modern fixtures. Washer and dryer hookups are conveniently located in each individual unit, and there is ample street parking available in the immediate vicinity.The financial performance is outstanding when fully occupied, generating $10,300/month (approximately $123,600/year) in gross revenue. Tenants pay their own separate utilities, including heat, hot water, and electricity. Producing roughly $100,000/year in Net Operating Income (NOI), this asset represents a strong 9.0% cap rate, with even further rental upside potential for a new owner willing to continue renovations.
Annual Expenses
Taxes: $11,425
Taxes: $11,425
Income
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Level: 492-1
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 2 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Level: 494-1
Rent : 2000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Level: 494-2
Rent : 2000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 4 INFORMATION
Beds: 4
Baths: 2
Level: 494-3
Status : Vacant
UNIT 5 INFORMATION
Beds: 3
Baths: 1
Rooms: 0
Level: 494-4
Rent : 2100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Other | Vinyl Siding
Year Built: 1883
Style: Apartment Building
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7781
Above Grade Sq.Ft.: 5884
Basement: Dirt
Year Built: 1883
Style: Apartment Building
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7781
Above Grade Sq.Ft.: 5884
Basement: Dirt
Roof: Membrane | Rolled
Seasonal: No
Seasonal: No
Heating: Natural Gas | Baseboard
Cooling: None
Electric: 60 Amp Service
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: 60 Amp Service
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Sidewalks
Lot size: 0.06 acres
Zoned: RES 4-8UNIT MDL-03)
Surveyed: Unk
Flood Zone: No
Driveway: None
Sidewalks
Lot size: 0.06 acres
Zoned: RES 4-8UNIT MDL-03)
Surveyed: Unk
Flood Zone: No
Driveway: None
Additional Information
Block - 0000
Taxes $11,425
Assesed Value Not Reported
Block - 0000
Taxes $11,425
Assesed Value Not Reported
Schools
