1 Old Manchester Road, Raymond, NH
Residential Income
Listed by RE/MAX Shoreline · Andy Yau
Property Description
Look no further for this triplex home like no other, featuring stunning modern upgrades combined with rich historic character. This home was meticulously renovated with every detail in mind — get ready to be awed by the character. The home comes with 2 separate garages, a large barn and also a workshop, which allows endless options for expansion, storage, or even an allowed commercial or home business. The largest unit feels like a true stand-alone home and has been thoughtfully updated throughout. You'll appreciate the character found throughout, from exposed wood beams and elegant crown molding to selective custom light fixtures, built-in arched shelving, and beautiful hardwood floors. The kitchen is absolutely to die for with its stunning earth-tone mosaic tile backsplash, galaxy granite countertops, trendy sage green cabinets, custom pine island, arched brick oven, and stainless steel appliances. But the stunning details don’t stop here — the bathroom impresses with hexagon tile flooring, pressed-tin ceilings, and a matching vanity topped with a copper sink. The BR’s are generously spacious with walk-in closets, while the lower level offers the perfect game room with bar and sitting area. The 2nd unit features beautiful hardwood floors in its open-concept kitchen and living area with white subway tile, white granite, and a custom pine island. The 3rd unit is clean and inviting with an open-concept kitchen/living plus a large loft bedroom. Ideal for an owner-occupant with 2 rental units helping pay the mortgage, this home sits on a spacious corner lot across from the town commons with mature gardens, brick walkways, stone walls, vegetable garden, & playground. Tenants enjoy washer/dryers & plenty of parking with separate utilities keeping expenses low. With recently updated mechanical systems & easy access to the Lamprey River, Rockingham trails, restaurants & RT 101, this property delivers strong income with a potential cap rate over 10.71%
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- SqFt:3,690
- Price / SqFt:$257.43
- Property Type:Residential Income
- Year Built:1848
- County:NH-Rockingham
- Town:Raymond, NH
- Status:Active
- Days on Market:38
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Price, listing activity & annual taxes for this property
No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Raymond23
- Average list price$474,827
- Price range$265,000 – $799,900
- Market sentimentBuyer's Market
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- Principal & Interest$4,803
- Property Tax$1,346
- Home Insurance$198
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 23 active · 0 sold in Raymond (last 90 days)
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