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.
Active
Listed by: EXP Realty • AJ Pappas
Price cut: $25K (9/25)
$1,075,000
494 Wilson Street, Manchester, NH 03103
14beds
5,884sqft
Multi Family
Built in 1883
-- sqft lot
$1,027,800 Zestimate®
$183/sqft
$-- HOA
What's special
- 42 days
- 182
- 6
Zillow last checked:
Listing updated:
Listed by:
AJ Pappas,
EXP Realty Cell:978-270-5225
Source: PrimeMLS,MLS#: 5106468
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Baseboard
Cooling
- None
Features
- Basement: Dirt,Walk-Up Access
Interior area
- Total structure area: 7,781
- Total interior livable area: 5,884 sqft
- Finished area above ground: 5,884
- Finished area below ground: 0
Property
Features
- Levels: 2.5
Lot
- Size: 2,614 Square Feet
- Features: Sidewalks
Details
- Zoning description: RES 4-8UNIT MDL-03
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Vinyl Siding
- Foundation: Other
- Roof: Membrane,Rolled/Hot Mop
Condition
- New construction: No
- Year built: 1883
Utilities & green energy
- Electric: 60 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $183/sqft
- Annual tax amount: $11,425
- Date on market: 8/24/2026
Estimated market value
$1,027,800
$976,000 - $1.08M
$2,389/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Price change | $1,075,000-2.3%$183/sqft |
Source: | ||
| 8/24/2026 | Listed for sale | $1,100,000$187/sqft |
Source: | ||
| 8/23/2026 | Listing removed | $2,700 |
Source: Zillow Rentals Report a problem | ||
| 8/11/2026 | Listed for rent | $2,700 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment


