Remodeled Duplex with Detached
New
For Sale
$575,000
373 Bartlett Street, Manchester, NH 03102
Two vacant apartments offer flexibility for occupancy or leasing, with separate utilities and off-street parking.
Property Size3,096 SF
Price / SF$185.72
Days on Market4
Property Features for 373 Bartlett Street
General Information
Standard status
Active
Size
3,096 SF
Property subtype
Multi Family Home
Zoning
mx-1 mixed use
Property Condition
Severity
Repairs Needed
Evidence
A fresh coat of paint is all that's needed
Site & Location
Neighborhood
Notre Dame
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,887
Amenities
sunroom
laundry hookup
screened porch
storage areas
Building Details
Building Size
3,096 SF
Year Built
1890
Buildings
1
Stories
3
Units
2
Listing Agency:
Keller Williams Realty-Metropolitan
Listed By:
Amanda Plecinoga · License #075897
(603) 232-8282
Source:
Bigbearrevt
Added: Oct 20
Changed: Oct 22
Last Checked: Oct 22 at 2:35PM
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 Keller Williams Realty-Metropolitan
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Investment Insights
Based on property information with market context.
This 3,096-square-foot duplex, built in 1890, contains two apartments. The first-floor unit has a sunroom, while the upper residence spans the second and third floors and includes multiple living areas, a laundry hookup, and a screened porch. Interior updates include refreshed kitchens and baths, new flooring, and neutral paint. The finished third floor is scheduled for professional painting by the seller before closing. A detached garage and storage areas provide additional space, and the property has separate utilities, multiple electric meters, public water and sewer, and off-street parking.
The property is in Manchester near shopping, public transportation, commuter routes, and everyday services. It is zoned MX-1 mixed use and sits on a level lot.
The property is in Manchester near shopping, public transportation, commuter routes, and everyday services. It is zoned MX-1 mixed use and sits on a level lot.
Key Highlights
- Two currently vacant units
- 3,096 square feet; built in 1890
- First‑floor unit includes a sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,779
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,580
$835.6K
Cap Rate 7%
$596,843
$596.8K
Cap Rate 9%
$464,211
$464.2K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$63.2K $20.40/SF
− Vacancy
−$3.5K −$1.12/SF
EGI
$59.7K $19.28/SF
− OpEx
−$17.9K −$5.78/SF
NOI
$41.8K $13.49/SF
Area
Manchester, NH
Vacancy
5.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,580
Cap Rate 7%
$596,843
Cap Rate 9%
$464,211
Alternative Uses
Best Use
Multifamily LT 5
$596.8K
$522.2K – $696.3K
NOI $41,779 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K
NOI $38,906 @ 7.0% cap · market cap 6.77%
Theoretical Best
Specialty Retail
$760.3K
$665.3K – $887.0K
NOI $53,220 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
908
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant apartments offer flexibility for occupancy or leasing, with separate utilities and off-street parking.
Where is this duplex located?
The property is located at 373 Bartlett Street Manchester, NH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two currently vacant units; 3,096 square feet; built in 1890; First‑floor unit includes a sunroom
