$925,000 ($157.21 per sqft)

Est. Mortgage $4,377/mo *

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Listing courtesy of Nick Gray, Gray Property Group, LLC Phone: 603-637-4812

492-494 Wilson Street, Manchester, NH, 03103

492-494 Wilson Street, Manchester, NH, 03103
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15 beds

1883

Apartment Building

5,884 sqft

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.

Status:

Active

Type:

Multi-family

Units:

5

Zoning:

RES 4-8UNIT MDL-03

Heating:

Baseboard

Cooling:

None

Basement:

Dirt

Acreage:

0.06

Lot Description:

City Lot

MLS #:

5014194

Community Info

School Info

Walk Score

Mass Transit

Yelp

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