Bought with Billy Pozo with Realty ONE Group NEST and Listed by Nick Gray with Gray Property Group, LLC 603-637-4812
Sold
492-494 Wilson Street
Manchester NH, 03103
$935,000
$158.91 per sqft
Sold
15 Beds
6 Baths
5,884 sqft
Multi-family
Built in 1883
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.
5014194
MLSⓇ ID
September 13, 2024
Listed
January 6, 2025
Updated
Map
492-494 Wilson Street
Manchester NH, 03103
Interior Features
Bedrooms
15
Total Bathrooms
6
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Baseboard
Exterior/Building Features
Lot Size
0.06 Acres
Roof
Membrane, Rolled
Sewer
Public
School Information
School District
Annual
Other Property Details
Area Name
NH-Hillsborough
Days on Market
11
Garage
No
View
No
County
Annual
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/25/2024 | Sold | $935,000 |
9/25/2024 | Under contract | — |
9/25/2024 | Pending | — |
Bought with Billy Pozo with Realty ONE Group NEST and Listed by Nick Gray with Gray Property Group, LLC 603-637-4812
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