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$935,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Units
  • 0.06 Acres
See This Home
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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.

Full Property Details for 492-494 Wilson St

General

  • Sold For: $935,000
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5014194
  • Added to Site: 494 day(s) ago

Rental Information

  • Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual, Unit4=Annual, Unit5=Annual,

Location

  • County: Hillsborough
  • Condo Project Name: Annually

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard
  • Heating Fuel: Gas - Natural

Utilities

  • Sewer: Public

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Walk-up
  • Basement Desc.: Dirt
  • Roof: Membrane, Rolled
  • Stories/Levels: 2.5
  • Finished Total: 5,884 Sq. Ft.
  • Finished Above Grnd: 5,884 Sq. Ft.
  • Year Built: 1883

Unit Information

  • 2 Bedroom Units: 2
  • 3 Bedroom Units: 3

Unit 1

  • Level: 492-1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Level: 494-1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Level: 494-2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Level: 494-3
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 5

  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,614
  • Frontage: TBD
  • Street/Road Desc.: Paved
  • Driveway/Sidewalk: None
  • Zoning: RES 4-8UNIT MDL-03

Financial Considerations

  • Price Per Sq. Ft.: $157.21

Disclosures and Reports

  • Block: 1
  • Lot Number: 17

Listed by Gray Property Group, LLC, Nick Gray
Sold by Realty ONE Group NEST, Billy. Pozo

Listed by Gray Property Group, LLC, Nick Gray
Sold by Realty ONE Group NEST, Billy. Pozo

Listing agent

— 492-494 Wilson St —

  • Nick Gray

    Gray Property Group, LLC

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 492-494 Wilson St

Date
Details
Price
Change
Source
11/14/2024
Sold
$935,000
1.08%
MLS
7/21/2024
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Gray Property Group, LLC, Nick Gray
Sold by Realty ONE Group NEST, Billy. Pozo

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492-494 Wilson Street, Manchester, NH 03103 (MLS# 5014194) is a Multi-Family property that was sold at $935,000 on November 14, 2024. Want to learn more about 492-494 Wilson Street? Do you have questions about finding other Multi-Family real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.