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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$925,000

MLS# 5014194
Under Contract 5884 sq.ft. Bedroom | 0 Bathroom
Multi Family
492-494 Wilson Street Manchester NH 		 
$925,000 | $157 per sq.ft. Under Contract | MLS# 5014194 A 5  Unit Multi Family Home, 492-494 Wilson Street Manchester NH With 2 - Two Bedroom Units | 3 - Three Bedroom Units

Description:
Massive, fully-occupied 5-unit multifamily property on Manchester's East Side consisting of one 4-bedroom unit, three 3-bedroom units, and one 1-bedroom unit. This property has been significantly improved by the current owner and features new vinyl plank flooring, wooden cabinets, fresh paint throughout, and new bathroom vanities with fixtures. Rents are terrific at $10,330/month or ~$123K/year, and further upside income potential exists for a new owner willing to renovate. Tenants pay for their own heat, hot water, and electricity. The property's ~$86K/year in NOI makes this listing a 9.0% cap. There is ample street parking available in the immediate vicinity. Washer/dryer hookups are in each unit. The property's certificate of compliance (COC) is pending renewal. Owner is a real estate licensee. Delayed Showings will take place on Friday, September 20th and Saturday, September 21st.

Annual Expenses
Taxes: $0 		    Income NetIncome | $
UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Level: 492-1
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 494-1
Rent : 2000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION

Beds: 3
Baths: 1
Level: 494-2
Rent : 1830.00 Annually
Status : Leased
UNIT 4 INFORMATION

Beds: 4
Baths: 2
Level: 494-3
Rent : 2700.00 Annually
Status : Leased
UNIT 5 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 494-4
Rent : 2000.00 Annually
Signed Lease : Yes

FEATURES AND DETAILS

CONSTRUCTION: Other | Vinyl Siding | Price Per SQ.FT. 157.21 | Year Built: 1883
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot
Livable Space: 5884
Above Grade Sq.Ft.: 5884
Below Grade Sq.Ft.: 0
Foundation: Other
Heating: Natural Gas | Baseboard
Cooling: None
Electric: 60 Amp
Style: Apartment Building
Roof: Membrane | Rolled
Water: Public
Sewer: Public
Lot size: 0.06 acres
Zoned: RES 4-8UNIT MDL-03
Surveyed: No
Flood Zone: No
Seasonal: No
Roads: Paved
Driveway: None
ADDITIONAL INFORMATION
Taxes $0  | Assesed Value $0 in
SCHOOLS
  • Exterior 21955161 Exterior
  • Unit 1 - Kitchen 21955167 Unit 1 - Kitchen
  • Unit 1 - Dining/Living 21955165 Unit 1 - Dining/Living
  • Unit 1 - Bedroom 21955162 Unit 1 - Bedroom
  • Unit 1 - Bedroom 21955163 Unit 1 - Bedroom
  • Unit 1 - Bedroom 21955164 Unit 1 - Bedroom
  • Unit 1 - Bathroom 21955166 Unit 1 - Bathroom
  • Unit 2 - Entryway 21955177 Unit 2 - Entryway
  • Unit 2 - Kitchen 21955180 Unit 2 - Kitchen
  • Unit 2 - Kitchen 21955179 Unit 2 - Kitchen
  • Unit 2 - Living 21955185 Unit 2 - Living
  • Unit 2 - Bathroom 21955178 Unit 2 - Bathroom
  • Unit 2 - Bedroom 21955181 Unit 2 - Bedroom
  • Unit 2 - Bedroom 21955182 Unit 2 - Bedroom
  • Unit 2 - Bedroom 21955184 Unit 2 - Bedroom
  • Unit 3 - Kitchen 21955269 Unit 3 - Kitchen
  • Unit 3 - Living 21955274 Unit 3 - Living
  • Unit 3 - Bedroom 21955272 Unit 3 - Bedroom
  • Unit 3 - Bedroom 21955273 Unit 3 - Bedroom
  • Unit 3 - Bathroom 21955271 Unit 3 - Bathroom
  • Unit 4 - Kitchen 21955284 Unit 4 - Kitchen
  • Unit 4 - Dining 21955283 Unit 4 - Dining
  • Unit 4 - Living 21955291 Unit 4 - Living
  • Unit 4 - Bathroom 21955288 Unit 4 - Bathroom
  • Unit 4 - Bedroom 21955289 Unit 4 - Bedroom
  • Unit 4 - Bedroom 21955290 Unit 4 - Bedroom
  • Unit 4 - Bathroom 21955287 Unit 4 - Bathroom
  • Basement 21955310 Basement
  • Basement 21955311 Basement
  • Basement 21955312 Basement
15 Buck Rd. Hanover, NH 03755 603-643-3942

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