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Spacious Three-Family Property with Garages
For Sale
$679,000

183 Cartier St, Manchester, NH 03102

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

Property SizeContact for details
Lot Size0.12 Acres
Days on Market261

Property Features for 183 Cartier St

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Investment

Building Details

Year Built 1885
Units 3
Listing Agency: Bhhs Verani Londonderry
Listed By: Joan E Blais · License #NH 005229
Source: Elliman
Added: Dec 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bhhs Verani Londonderry

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Acupuncture Home Appliance Store (Bike/Boat/Book/etc) Store Bakery Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,645
Businesses Nearby

Demographics for 03102, NH

33,396
Population
15,264
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
9.1 sq mi
ZIP Area
3,670
Density / Sq Mi
$69,927
Median Household Income
$43,518
Median Earnings
$1,533
Median Rent
$309,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

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.
More about this property
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