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190 Ray Street, Manchester, NH 03104

$649,900
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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET3,307 MLS#5100708
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: RE/MAX Synergy
Agency Contact: Cell: 603-233-7744
Associate Name: Mark Lynch
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Property Description

Opportunity knocks with this well-maintained three-family property located in Manchester's desirable North End, offering the perfect blend of immediate cash flow and long-term investment potential. Featuring two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all three apartments are currently occupied with month-to-month leases, providing flexibility for investors or owner-occupants alike. Current rental income totals $5,400 per month ($64,800 annually), with separate utilities allowing tenants to pay their own heat, hot water, and electricity. Built in 1870 with classic Colonial charm, the property offers over 3,300 square feet of finished living space and features hardwood, laminate, and carpet flooring, public water and sewer, natural gas and oil heat, plus off-street parking. Conveniently located just minutes from downtown Manchester, schools, hospitals, shopping, restaurants, and major commuter routes, this is an ideal addition to any investment portfolio or a fantastic opportunity to offset your mortgage with rental income. Whether you're looking to expand your portfolio or purchase your first multi-family property, 190 Ray Street delivers strong income, an excellent location, and tremendous upside. Don't miss your chance to own this solid North End investment.

190 Ray Street | MLS# 5100708

This multi-family property located at 190 Ray Street, Manchester, NH 03104 is currently listed for sale with an asking price of $649,900. Search Manchester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete Floor, Partially Finished, Walkout
Cooling: Wall AC Units
Heating: Natural Gas, Oil
Home Style: Colonial
Lot Size: 0.18 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $8,065
Year Built: 1870

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $2200.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1800.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1400.00

Amenities

Garden Space
Natural Shade
Storage

Feature Descriptions

Color: Tan
Construction: Aluminum Siding
Construction Status: Existing
Driveway: Concrete
Driveway: Concrete
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Aluminum Siding
Flood Zone: Unknown
Flooring: Carpet, Hardwood, Laminate
Foundation: Fieldstone
Foundation: Fieldstone
Lot: Near Shopping, Near Hospital, Near School(s)
Parking: On Street, Parking Spaces 1 - 10
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 3307
Total Stories: 3
Units: 3
Water: Public
Water View: No
Zoning: Res

Listed By / Shown By

Listed By

Agency Name: RE/MAX Synergy
Agency Contact: Cell: 603-233-7744
Agent Name: Mark Lynch

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Estimated Payment

$ 2,308.03 per month $1,446.40 Principal & Interest $672.08 Property Tax $189.55 Homeowner's Insurance

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