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Listed by AJ Pappas • EXP Realty • Cell: 978-270-5225
$1,050,000
Est. payment /mo
14 Beds
6 Baths
5,884 SqFt
Exclusive Listing
Price Dropped by $25K
494 Wilson ST Manchester, NH 03103
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,884 sqft
Price per Sqft $178
MLS Listing ID 5106468
Bedrooms 14
Full Baths 6
Construction Status Existing
Year Built 1883
Annual Tax Amount $11,425
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Description
True 8.7% Cap Rate at current list price. UNUSUALLY LOW EXPENSES. All units have separate, tenant-paid utilities. Landlord only pays minimal common area power/water. FOR INVESTORS: Verified T12 financial data reveals a strong 8.71% Cap Rate at $1,050,000. Gross Potential Rent: $123,600 | EGI: $119,700 | Total OpEx: $28,225 | Net Operating Income: $91,475. Actual P&L statement available in MLS documents.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RES 4-8UNIT MDL-03
Rooms
Basement Entrance Walk-up
Basement Dirt
Interior
Cooling None
Exterior
Utilities Available Cable
Roof Type Membrane,Rolled
Building
Story 2.5
Sewer Public
Architectural Style Apartment Building
Construction Status Existing
Nearby Locations
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