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Serving Mascoma Lake Area
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  • Under Contract $925,000 | $157 per sq.ft.
    5  Unit Multi Family Home,
    492-494 Wilson Street Manchester NH
    With 2 - Two Bedroom Units | 3 - Three Bedroom Units
    | MLS# 5014194
  • 5014194 property image 1

  • Listed by Nick Gray Gray Property Group, LLC on September 13th 2024
    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.
    Net Income: $
  • UNIT 1 INFORMATION

    Beds: 2
    Baths: 1
    Rooms: 0
    Level: 492-1
    Rent : 1800.00 Monthly
    Lease Term : Annual
    Signed Lease : Yes
    Status : Leased
    UNIT 2 INFORMATION

    Beds: 3
    Baths: 1
    Rooms: 0
    Level: 494-1
    Rent : 2000.00 Monthly
    Lease Term : Annual
    Signed Lease : Yes
    Status : Leased
    UNIT 3 INFORMATION

    Beds: 3
    Baths: 1
    Level: 494-2
    Rent : 1830.00 Annually
    Status : Leased
    UNIT 4 INFORMATION

    Beds: 4
    Baths: 2
    Level: 494-3
    Rent : 2700.00 Annually
    Status : Leased
    UNIT 5 INFORMATION

    Beds: 3
    Baths: 1
    Rooms: 0
    Level: 494-4
    Rent : 2000.00 Annually
    Signed Lease : Yes
  • CONSTRUCTION
  • Other | Vinyl Siding Year Built: 1883
    No. of Floors: 2.5
    Total Sq.Ft. Finished: 5884
    Above Grade Sq.Ft.: 5884
    Price Per SQ.FT.: $157.21
    Basement: Dirt
    Foundation: Other
    Heating: Natural Gas | Baseboard
    Cooling: None
    Electric: 60 Amp
    Utilities: Cable
    Electric Meters:
    Style: Apartment Building
    Roof: Membrane | Rolled
    Water: Public
    Sewer: Public
    Seasonal: No
  • LAND INFORMATION
  • City Lot
    Lot size: 0.06 acres
    Zoned: RES 4-8UNIT MDL-03)
    Surveyed: No
    Flood Zone: No
    Roads: Paved
    Driveway: None
  • ADDITIONAL INFORMATION
  • Taxes $0  | Assesed Value $0 in
  • AREA INFORMATION
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Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 21st, 2024
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