168 Wilson Street, Manchester, NH

Property Description

168 Wilson Street brings a residential income to the Manchester market at $1,395,000. Inside you'll find 9,064 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. Also on the sheet: 1910 construction and roughly $154 per square foot. The full photo gallery, live pricing and every MLS detail for 168 Wilson Street follow below.

MIXED-USE INVESTMENT OPPORTUNITY with strong in-place income and multiple avenues for future growth! 168 Wilson Street currently generates approximately $10,200/month or $122,400 annually from seven occupied units, while the property's largest commercial space is open and ready for its next tenant. An established tenant base and leases extending into 2027 provide stability, while two units are currently month-to-month, offering an immediate opportunity to evaluate rents, with further upside as remaining leases renew. The expansive commercial space has a strong rental history and was previously utilized as a restaurant. Ownership estimates potential market rent of $3,200-$3,500/month, which could bring total property income to approximately $160,800-$164,400 annually before considering future increases to the existing rent roll. The property conveys with commercial walk-in coolers/freezers and an existing frying/duct system, providing valuable infrastructure for a future food-service operator while allowing flexibility for other potential uses, subject to zoning and permitting. Ownership has continued investing in the property with deck, siding, painting and roof updates since 2022. Tenants pay their own utilities, with ownership responsible for water/sewer. Coin-op laundry in the basement presents another potential ancillary income stream, and the property offers off-street parking. Strong current cash flow, established tenancy and multiple opportunities for additional income make 168 Wilson Street a compelling addition to an investment portfolio.

Location Highlights

168 Wilson Street is a residential income in Manchester, New Hampshire, listed at $1,395,000. That works out to about $154 per square foot, for a home built in 1910. It has been on the market for 1 day.

At this latitude, Manchester averages roughly 8.3 hours of sun a day in June and 3.6 in December.

Zoned schools in the Manchester Sch Dst SAU #37: Manchester Memorial High Sch (High). Always confirm zoning with the district office.

Property Details

Essentials & finishes