168 Wilson Street,Manchester, NH 03103
Manchester, NH 03103
Description
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.
Details
| MLS # | 5109106 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1910 |
| Days On Site | 13 |
| Listing Provided By | New Space Real Estate, LLC | Tyler D Allen |
Features
| Basement | Y |
|---|---|
| Story(s) | 3 |
| Units | 8 |
| Zoning | multi/comm |
| Acreage | 0.14 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Wall Unit(s) |
| Heating | Natural Gas, Gas Heater |
| Appliances | Natural Gas Water Heater |
Exterior
| Roof | Tar/Gravel |
|---|---|
| Construction Materials | Wood Frame, Vinyl Siding |
| Foundation Details | Granite, Poured Concrete |
| Lot Features | City Lot, Corner Lot, In Town, Neighborhood |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Parking Spaces 6+ |
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Annual Amount | 11543 |
|---|---|
| Tax Block | 00 |
| Tax Lot | 22 |
| Tax Year | 2025 |
Area Information
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03103 |
| Area | NH Hillsborough |
| School District | Manchester Sch Dst SAU #37 |
| High School | Manchester Memorial High Sch |
| Listing VS Median (in 03103) | |
Price: $1,395,000 low | high Med: $0 On site: 13 low | high Med: | |
Market Activity 03103
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Learn More About This Property
| State | NH |
|---|---|
| County | Hillsborough |
| City | Manchester |
| Zip Code | 03103 |
| Area | NH Hillsborough |
| School District | Manchester Sch Dst SAU #37 |
| High School | Manchester Memorial High Sch |
| Listing VS Median (in 03103) | |
Price: $1,395,000 low | high Med: $0 On site: 13 low | high Med: | |
