Active
  • Listed by: 

    Rosario Missiti,

    Blue Chip Realty Advisors 978-893-9750

    Price cut: $25K (7/24)
    $620,000

    159 Cartier Street, Manchester, NH 03102

    6beds
    2,892sqft
    : 
    Multi Family
    Built in 1885
    -- sqft lot
    $620,700 Zestimate®
    $214/sqft
    $-- HOA

    What's special

    Paved off-street parking
    Calling All Investors! This rare opportunity is back on the market—not due to any issues with the property, but simply because timing and circumstances have aligned to offer a fresh chance to acquire this valuable asset! 159 Cartier St is a three-story multifamily building featuring three well-sized 2-bedroom, 1-bath units, totaling approximately 2,892 square feet of living space on a 0.11-acre city lot. Located in a highly walkable West Side neighborhood, the property boasts paved off-street parking and is connected to public water and sewer. Each unit is separately metered for electricity, with tenants responsible for gas-fired heat and electric hot water. The landlord handles domestic water and sewer costs. Here’s the exciting part for savvy investors: One unit requires renovation, providing a prime chance to add immediate value and boost cash flow. Current rents are significantly below market, offering upside potential through thoughtful updates and rent resets in this supply-constrained urban infill market. The gross income projections assume Unit 3 is at market rent, highlighting the income growth opportunity. Don’t miss out on this well-located investment with strong upside in one of the city’s most desirable neighborhoods! Schedule your private showing today and capitalize on the potential to enhance income and build long-term equity.
    53 days
    on Zillow
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    999
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    58
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