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listing
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Multi-FamilyFor Sale
$645,000
159 Cartier Street
Manchester, NH 03102
MLS: Prime MLS
2,892Sq Ft
Est. Mortgage
$3,429/mo

159 Cartier St is comprised of a three-story building and contains a total of three units, each consisting of 2-bedrooms and 1-bathroom, with approximately 2,892 square feet of living area on a 0.11-acre city lot. Situated in a walkable West Side neighborhood, the property offers paved off-street parking and is serviced by public water and sewer. All units are separately metered for electricity, with gas-fired heat and electric hot water, which tenants pay directly. The landlord is responsible for domestic water and sewer. The current rents are significantly below market, presenting an opportunity to increase income through programmatic updates to the unrenovated units in a supply-constrained urban infill residential market. Gross income can be increased by setting one or more units to market rent upon turnover or renovation. Gross Income is calculated with Unit 3's rent set to market.

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