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Renovated Duplex

441 Bartlett Street, Manchester, NH 03102

For Sale
$549,500
Pending

Separate driveways serve the two units, with a fully fenced backyard on a 0.42-acre parcel.

Property Size1,922 SF
Lot Size0.42 Acres
Days on Market42

Property Features for 441 Bartlett Street

General Information

Standard status Pending
Size 1,922 SF
Lot size 0.42 Acres
Property subtype Residential Income

Site & Location

Neighborhood Notre Dame

Additional Details

Multifamily Units 2
Tenant in Place Yes

Amenities

fenced backyard

Building Details

Year Built 1920
Buildings 1
Listing Agency: Galactic Realty Group LLC
Listed By: Bryce Broadhurst
Source: Longviewcre
Added: Sep 29 Changed: Nov 9 Last Checked: Nov 8 at 2:13PM

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 Galactic Realty Group LLC

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Investment Insights

Based on property information with market context.

This 1,922-square-foot duplex, built in 1920, has had updates in nearly every room across both units within the past five years. One unit is owner-occupied, while the other is leased. The property includes two separate driveways and a large, fully fenced backyard on 0.42 acres.

Located at 441 Bartlett Street in Manchester, New Hampshire, the property combines separate parking for each unit with shared outdoor space.

Key Highlights

  • Updates completed in nearly every room within the past five years
  • 0.42‑acre lot with a large, fully fenced backyard
  • One unit is owner‑occupied and the second is leased

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,937
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$518,740 $518.7K
Cap Rate 7%
$370,529 $370.5K
Cap Rate 9%
$288,189 $288.2K
Market Conditions
NOI Build-Up for 1,922 SF
Gross rent
$39.2K $20.40/SF
− Vacancy
−$2.2K −$1.12/SF
EGI
$37.1K $19.28/SF
− OpEx
−$11.1K −$5.78/SF
NOI
$25.9K $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%
$518,740
Cap Rate 7%
$370,529
Cap Rate 9%
$288,189

Alternative Uses

Best Use
Multifamily LT 5
$370.5K
$324.2K – $432.3K (±1% cap)
NOI $25,937 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$345.0K
$301.9K – $402.6K (±1% cap)
NOI $24,153 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$472.0K
$413.0K – $550.7K (±1% cap)
NOI $33,039 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

908
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Manchester, NH

$233 Jul
$246 Aug
$263 Sep
$241 Oct

Properties on Market for Duplexes in Manchester

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate driveways serve the two units, with a fully fenced backyard on a 0.42-acre parcel.
Where is this duplex located?
The property is located at 441 Bartlett Street Manchester, NH.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Updates completed in nearly every room within the past five years; 0.42‑acre lot with a large, fully fenced backyard; One unit is owner‑occupied and the second is leased
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