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Beth Thibault
REALTOR®
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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 beththibault.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
Days on Site: 2
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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Shown By

Agent Name: Beth Thibault
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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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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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/22/2026. The listing information on this page last changed on 07/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/22/2026 12:02:04 AM EST) or MLSPIN MLS (last updated Tue 07/21/2026 11:38:24 PM EST) or Prime MLS (last updated Tue 07/21/2026 11:33:17 PM EST) or MREIS (last updated Tue 07/21/2026 11:55:21 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-07-21 23:33:17

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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