494 Wilson Street, Manchester, NH 03103

Manchester
Local realty services provided by:ERA Key Realty Services
494 Wilson Street,Manchester, NH 03103
$1,100,000
  • 14 Beds
  • 6 Baths
  • 5,884 sq. ft.
  • Multi-family
  • Active
Listed by: aj pappasCell: 978-270-5225
Office: exp realty888-398-7062
MLS#:5106468
Source:PrimeMLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$141.37

About this home

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.

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Home facts

  • Year built:1883
  • Listing ID #:5106468
  • Added:1 day(s) ago
  • Updated:August 26, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:6
  • Full bathrooms:6
  • Basement Description:Dirt, Walk-up
  • Living area:5,884 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Membrane, Rolled
  • Year built:1883
  • Building area:5,884 sq. ft.
  • Lot area:0.06 Acres
  • Levels:2.5 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$141.37
  • Tax amount:$11,425 (2025)
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 26, 2026

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