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  • Listed by: EXP Realty • AJ Pappas
    Price cut: $25K (9/25)
    $1,075,000

    494 Wilson Street, Manchester, NH 03103

    14beds
    5,884sqft
    : 
    $8,178/mo
    Get pre-qualified
    Multi Family
    Built in 1883
    -- sqft lot
    $1,027,800 Zestimate®
    $183/sqft
    $-- HOA

    What's special

    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.
    42 days
    182
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    AJ Pappas,

    EXP Realty Cell:978-270-5225

    Source: PrimeMLS,MLS#: 5106468MLS Logo

      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

        DateEventPrice
        9/25/2026Price change$1,075,000-2.3%$183/sqft
        Source: PrimeMLS #5106468 Report a problem
        8/24/2026Listed for sale$1,100,000$187/sqft
        Source: PrimeMLS #5106468 Report a problem
        8/23/2026Listing removed$2,700
        Source: Zillow Rentals Report a problem
        8/11/2026Listed for rent$2,700
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Kalivas Union

        Getting around

        85 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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