Duplex with In-Unit
New
For Sale
$525,000
417 Bartlett Street, Manchester, NH 03102
Two separate apartments offer individual laundry, storage, and distinct living and kitchen spaces.
Property Size3,645 SF
Price / SF$144.03
Days on Market2
Property Features for 417 Bartlett Street
General Information
Standard status
Active
Size
3,645 SF
Property subtype
Multi Family
Zoning
Residential
Units
Unit Mix
2BR/1BA + bonus room, 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,383
Amenities
in-unit laundry
mini-split AC units
off-street parking
basement storage
Building Details
Year Built
1890
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Realty Bedford NH
Listed By:
Anderson Mills & Associates · License #291427
(603) 420-2883
Source:
Laerrealty
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 9 at 4:36PM
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 Coldwell Banker Realty Bedford NH
Investment Insights
Based on property information with market context.
Built in 1890, this duplex contains two apartments arranged on separate floors. The lower residence has two bedrooms, a full bathroom, a living room, kitchen, and an additional flexible room. The upper unit includes two bedrooms, a full bathroom, and its own kitchen and living area. Each apartment has in-unit laundry and extra storage; a basement provides additional space. Three mini-split AC units serve the property, and off-street parking is available, with on-street parking also noted.
Schools, restaurants, parks, fitness centers, highways, and everyday amenities are in the surrounding area. The property has a Walk Score of 65, rated Somewhat Walkable, and a Bike Score of 55, rated Bikeable.
Schools, restaurants, parks, fitness centers, highways, and everyday amenities are in the surrounding area. The property has a Walk Score of 65, rated Somewhat Walkable, and a Bike Score of 55, rated Bikeable.
Key Highlights
- Two apartments, each with two bedrooms and a full bathroom
- Lower unit includes an additional flexible room
- In‑unit laundry and storage in both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,805
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,100
$916.1K
Cap Rate 7%
$654,357
$654.4K
Cap Rate 9%
$508,944
$508.9K
Market Conditions
NOI Build-Up for 3,645 SF
Gross rent
$87.5K $24.00/SF
− Vacancy
−$4.2K −$1.15/SF
EGI
$83.3K $22.85/SF
− OpEx
−$37.5K −$10.28/SF
NOI
$45.8K $12.57/SF
Area
Manchester, NH
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,100
Cap Rate 7%
$654,357
Cap Rate 9%
$508,944
Alternative Uses
Best Use
Multifamily LT 5
$702.7K
$614.9K – $819.8K
NOI $49,188 @ 7.0% cap · market cap 9.37%
Second Best
Apartment 5plus
$654.4K
$572.6K – $763.4K
NOI $45,805 @ 7.0% cap · market cap 8.72%
Theoretical Best
Specialty Retail
$895.1K
$783.2K – $1.04M
NOI $62,658 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments offer individual laundry, storage, and distinct living and kitchen spaces.
Where is this duplex located?
The property is located at 417 Bartlett Street Manchester, NH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms and a full bathroom; Lower unit includes an additional flexible room; In‑unit laundry and storage in both apartments
