Property profile

183 Cartier St Manchester, NH 03102

FOR SALE
Apartment buildings
Property ID
US58-0027296
2,860 SF 0.12 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a substantial three-family apartment building located at 183 Cartier Street, Manchester, New Hampshire, 03102. Boasting a total of 2,860 square feet across two stories, this property sits on a 0.12-acre lot and offers ample parking with five garages. The building comprises three units: two three-bedroom units and one two-bedroom unit. Two of the units are currently occupied by long-term tenants, generating monthly rents of $1,500 and $940 respectively. The second-floor unit is vacant and readily available for immediate owner-occupancy, featuring a lockbox for convenient access. Showings for the occupied units require 24-48 hours' notice. Interior features include mostly vinyl plank flooring with some hardwood, and each unit benefits from separate heating and utility meters. Private side porches enhance the appeal of this well-maintained property. Its convenient location near CMC Hospital and the corner of Cartier and Sullivan Streets adds to its desirability. This is a prime opportunity for investors seeking a strong cash flow and potential for future appreciation. The asking price is $679,000.

Property profile

Verified
Property type Apartment buildings
Total area 2,860 SF
Lot 0.12 ac (5,227 SF)
UPID US58-0027296

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

183 Cartier St Manchester, NH 03102
Manchester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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