Back to Search

Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225

1 / 30

494 Wilson Street, Manchester, NH

Residential Income

For SaleActive

Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225

5,884 ft²|Built 1883|Manchester

Property Description

494 Wilson Street brings a residential income to the Manchester market at $1,050,000. Inside you'll find 5,884 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: 1883 construction and roughly $178 per square foot. The full photo gallery, live pricing and every MLS detail for 494 Wilson Street follow below.

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 Highlights

494 Wilson Street is a residential income in Manchester, New Hampshire, listed at $1,050,000. That works out to about $178 per square foot, for a home built in 1883. It has been on the market for 2 months.

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

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

  • SqFt:5,884
  • Price / SqFt:$178.45
  • Property Type:Residential Income
  • Year Built:1883
  • County:NH-Hillsborough
  • Town:Manchester, NH
  • Status:Active
  • Days on Market:63

Primary Features

CountyNH-Hillsborough
Property TypeResidential Income
Year Built1883
ZoningRES 4-8UNIT MDL-03

Interior Features

BasementYes
Basement Access TypeWalk-up
Basement DescriptionDirt
CoolingNone
Electric60 Amp Service
HeatingBaseboard, Natural Gas
SqFt-Approximate Finished Above Grade5,884
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished5,884
SqFt Approximate Total7,781

Financial Details

Tax - Gross Amount$11,425
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionOther, Vinyl Siding
CovenantsUnknown
Flood ZoneNo
Pre-ConstructionNo
SeasonalNo
Total Stories2.5
SurveyedUnknown

External Features

DrivewayNone
FoundationOther
GarageNo
Lot FeaturesSidewalks
Lot - Acres0.06
Lot - SqFt2,614
Road Frontage TypePublic
Road FrontageTBD
RoofMembrane, Rolled/Hot Mop
SewerPublic
UtilitiesCable
Water SourcePublic
MLS®: PrimeMLS #5106468; Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225

Property History

Estimated annual taxes for this property

YearEst. Tax
2024$17,850
2023$17,404
2022$16,958

Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

  • Active listings in Manchester174
  • Average list price$489,092
  • Price range$189,900 – $835,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$7,016 / mo
  • Principal & Interest$5,309
  • Property Tax$1,488
  • Home Insurance$219

Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

Around This Property

Schools, everyday places and nearby destinations near 494 Wilson Street, Manchester, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

$1,050,000/ Asking Price
For SaleActive

Listed by EXP Realty · AJ Pappas · Cell: 978-270-5225

Est. $5,309 / mo20% down · 30yr · 6.5%

Owl’s Nest Real Estate estimate, not MLS data.

Tom DeMatteo

Tom DeMatteo

Owl’s Nest Real Estate · Questions?

Free account · saves this listing & alerts you to similar homes in Manchester

Questions About This Listing

How big is 494 Wilson Street?

It offers 5,884 square feet of living space.

What kind of property is 494 Wilson Street?

Residential income in Manchester, New Hampshire, built in 1883.

What is the asking price of 494 Wilson Street?

494 Wilson Street in Manchester, NH is listed at $1,050,000.

That works out to about $178 per square foot.

What is the MLS number for 494 Wilson Street?

The MLS number is #5106468 (PrimeMLS), listed on August 24, 2026.

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended 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 10/26/26.