$620,000

159 Cartier Street, Manchester, NH 03102

  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1885
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Rosario Missiti, Blue Chip Realty Advisors

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.

Listing Status:
Active
Date Added:
June 19, 2025 at 05:00AM
Listing Office:
Blue Chip Realty Advisors : 978-893-9750
Listing Agent:
Rosario Missiti :
MLS ID:
5047528
  • Basement: Walkout
  • A/C: None
  • Heating: Natural GasSpace Heater

This listing courtesy of Rosario Missiti, Blue Chip Realty Advisors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gossler Park School

145 Parkside Ave, Manchester, NH, 03102

Grades KG-4

0.18 miles away

M

Middle School at Parkside

75 Parkside Ave, Manchester, NH, 03102

Grades 5-8

0.18 miles away

M

Manchester West High School

9 Notre Dame Ave, Manchester, NH, 03102

Grades 9-12

0.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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