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Jared Scali

jared@classifiedre.com +1(603) 508-2256

Listed by Mark Lynch • RE/MAX Synergy • Cell: 603-233-7744

$649,900

Est. payment - /mo

5 Beds

3 Baths

3,307 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,307 sqft

Price per Sqft $196

MLS Listing ID 5100708

Bedrooms 5

Full Baths 3

Construction Status Existing

Year Built 1870

Annual Tax Amount $8,065

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

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.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning Res

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Partially Finished, Walkout

Interior

Cooling Wall AC Units

Flooring Carpet, Hardwood, Laminate

Exterior

Utilities Available Cable

Waterfront Description No

View Y/N No

View No

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public

Architectural Style Colonial

Construction Status Existing

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NEARBY SCHOOL & BUSINESS

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Jared Scali

+1(603) 508-2256

Agent | License ID: 9584698

Agent License ID: 9584698

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190 Ray ST Manchester, NH 03104

Jared Scali

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION