Ignite FB Tracking Pixel163 Cartier Street, Manchester, NH 03102 - Lisa Bailey
Re/max Synergy
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listing
1 of 37
Multi-FamilyPending
$899,900
163 Cartier Street
Manchester, NH 03102
Courtesy of Re/max Synergy -
MLS: New England Real Estate network (NEREN)
6,579Sq Ft
Est. Mortgage
$4,745/mo

Incredible Opportunity to own this POWERFUL INCOME producing 6 Unit Multi-Family located on a peaceful dead-end street in Manchester, NH!!! A truly Rare Find with 2 Massive Three-Family Triplex Buildings on a single property! Comprised of three 944SF 3 bedroom units, two 1,249SF 3 Bedroom units and one 1,249SF 4 Bedroom Unit! That's Correct 19 Bedrooms! Owner has made countless BIG TICKET UPGRADES here and it shows! Including but not limited to a brand new 50 year architectural shingle roof on the largest building, a newer 6 mil rubber membrane roof on the smaller building, Entire property including all access points, units, basement and common areas were converted to lifetime warrantied keypad operated deadbolts making this a 100% KEYLESS ENTRY PROPERTY. All separate utilities, multiple newer heat sources and hot water heaters, including an incredibly efficient nat-gas fueled on demand 2 in 1 tankless system. Numerous updated Kitchens, Baths, vinyl replacement windows, updated electrical and added insulation throughout both buildings make it one of the CLEANEST and most remarkable Investment Properties on the market today! Gross Income $98,220 annually, low operating cost of $19,496 (Heat, Electric, Insurance, RE Taxes) for a Net Income of a Head-Turning $78,784 per year! 8.75% Cap Rate as it stands, Potential for 10%+ for the Savvy Investor ready to tune this incredible wealth building machine.

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Information courtesy of Re/max Synergy is subject to verification and is not guaranteed.
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