List Price: $649,900 | $218 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Jul 20, 2026 | MLS# 5100708
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Jul 20, 2026 | MLS# 5100708
Prior to Tenant
Prior to Tenant
Prior to Tenant
Basement Area Previous
To see this Listing
Address: 190 Ray Street Manchester NH
Listed by Mark Lynch RE/MAX Synergy Cell: 603-233-7744
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.
Annual Expenses
Taxes: $8,065
Taxes: $8,065
Income
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 1197
Level: 1
Info : Ceiling Fan,Natural Gas Heat,Laundry Hookup,Porch,Electric Range,Refrigerator,Smoke Detector,Storage
Tenant Pays : Electric,Heat,Hot Water
Rent : 2200.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 1197
Level: 2
Info : Ceiling Fan,Natural Gas Heat,Laundry Hookup,Porch,Electric Range,Refrigerator,Smoke Detector,Storage
Tenant Pays : Electric,Heat,Hot Water
Rent : 1800.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Sq.Ft.: 585
Style : Garden
Info : Ceiling Fan,Oil Heat,Electric Range,Refrigerator,Smoke Detector,Storage
Tenant Pays : Electric,Heat,Hot Water
Rent : 1400.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
Construction: Aluminum Siding
Year Built: 1870
Style: Colonial
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4540
Above Grade Sq.Ft.: 2979
Below Grade Sq.Ft.: 328
Basement: Concrete Floor | Partially Finished | Walkout
Year Built: 1870
Style: Colonial
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 4540
Above Grade Sq.Ft.: 2979
Below Grade Sq.Ft.: 328
Basement: Concrete Floor | Partially Finished | Walkout
Exterior Color: Tan
Roof: Asphalt Shingle
Seasonal: No
Roof: Asphalt Shingle
Seasonal: No
Heating: Natural Gas | Oil
Cooling: Wall AC Units
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Curbside
Utilities: Cable
Electric Meters: 3
Gas_Meters: 2
Water: Public
Sewer: Public
Cooling: Wall AC Units
Electric: 100 Amp Service | Circuit Breaker(s)
Trash: Curbside
Utilities: Cable
Electric Meters: 3
Gas_Meters: 2
Water: Public
Sewer: Public
Land Information
Near Shopping | Near Hospital | Near School(s)
Lot size: 0.18 acres
Zoned: Res)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Concrete
Near Shopping | Near Hospital | Near School(s)
Lot size: 0.18 acres
Zoned: Res)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Concrete
Additional Information
Easement - Unknown
Block - 0022
Taxes $8,065
Assesed Value Not Reported
Easement - Unknown
Block - 0022
Taxes $8,065
Assesed Value Not Reported
Schools
