494 Wilson Street, Manchester, NH
Residential Income
Listed by EXP Realty · AJ Pappas
Property Description
494 Wilson Street brings a residential income to the Manchester market at $1,100,000. 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 $187 per square foot. The full photo gallery, live pricing and every MLS detail for 494 Wilson Street follow below.
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.
Location Highlights
494 Wilson Street is a residential income in Manchester, New Hampshire, listed at $1,100,000. That works out to about $187 per square foot, for a home built in 1883. It has been on the market for 17 days.
At this latitude, Manchester averages roughly 8.3 hours of sun a day in June and 3.6 in December.
Property Details
Essentials & finishes
- SqFt:5,884
- Price / SqFt:$186.95
- Property Type:Residential Income
- Year Built:1883
- County:NH-Hillsborough
- Town:Manchester, NH
- Status:Active
- Days on Market:18
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $18,700 |
| 2023 | $18,233 |
| 2022 | $17,765 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Manchester138
- Average list price$447,142
- Price range$220,000 – $625,000
Mortgage Calculator
Estimate your monthly payment for this home
- Principal & Interest$5,562
- Property Tax$1,558
- Home Insurance$229
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, NH
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 $1,100,000.
That works out to about $187 per square foot.
What is the MLS number for 494 Wilson Street?
The MLS number is #5106468 (PrimeMLS), listed on August 24, 2026.
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Considering this property as a short-term rental?