$ 925,000
492-494 Wilson ST Manchester, NH 03103
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Nick Gray • Gray Property Group, LLC
$ 925,000
Est. payment /mo
Under Contract
492-494 Wilson ST Manchester, NH 03103
15 Beds
6 Baths
5,884 SqFt
UPDATED:
09/25/2024 03:23 PM
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,884 sqft
Price per Sqft $157
MLS Listing ID 5014194
Bedrooms 15
Full Baths 6
Construction Status Existing
Year Built 1883
Lot Size 2,613 Sqft
Acres 0.06
Property Description
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.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES 4-8UNIT MDL-03
Rooms
Basement Entrance Walk-up
Basement Dirt
Interior
Heating Gas - Natural
Cooling None
Exterior
Utilities Available Cable
Roof Type Membrane,Rolled
Building
Story 2.5
Foundation Other
Sewer Public
Construction Status Existing
