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    183 Cartier St Manchester, NH 03102

    For Sale
    $679,000

    Three-family property near CMC Hospital with potential garage income.

    Lot size:
    0.12 Acres

    Property Features for 183 Cartier St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1885

    Source: BHHS Verani Londonderry Agent Joan E Blais

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Three-Family Property with Garages

    This spacious three-family property generates an annual income of $70,200 from the apartments. The building includes a total of 9 bedrooms across the three units. Additionally, there are 5 garages that are currently unleased, presenting an opportunity to generate approximately $3,000 per year, plus additional parking income. The first-floor apartment features 3 bedrooms and was recently remodeled, currently renting for $2,000 per month. The second-floor apartment has 4 bedrooms, is tenant at will, was remodeled 2 years ago, and features vinyl plank flooring, renting for $2,200 per month. The third-floor apartment includes 2 bedrooms, was remodeled in 2025, and rents for $1,650 per month. Tenants are responsible for their own gas heat, hot water, and electric utilities. Each apartment has private side porches. The property is located on a corner lot, 3 blocks from CMC Hospital.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.476158
    Latitude
    42.9892461

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    FAQs

    What type of property is this?
    Apartment building - Three-family property near CMC Hospital with potential garage income.
    Where is this apartment building located?
    The property is located at 183 Cartier St Manchester, NH.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - High Income Potential: $70,200 annual income from apartments.; - Additional Income Opportunity: 5 garages with potential to generate approximately $3,000 annually.; - Multiple Remodeled Units: First floor remodeled recently, second floor remodeled 2 years ago, third floor remodeled in 2025.
    (603) 845-2258
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    183 Cartier St Manchester, NH 03102
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    Manchester, NH 03102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    183 Cartier St Manchester, NH 03102
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