1 Old Manchester Road, Raymond, NH

Property Description

Set in Raymond, New Hampshire, 1 Old Manchester Road is a residential income built in 1848, now offered at $925,000. The layout delivers 3,690 square feet of living space. Income properties in this market benefit from steady year-round tenant demand plus the seasonal visitor economy. The numbers worth knowing: garage parking for 2 and roughly $251 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly.

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 current cap rate of 8.63% & potential over 11.29%

Location Highlights

1 Old Manchester Road is a residential income in Raymond, New Hampshire, listed at $925,000. That works out to about $251 per square foot, for a home built in 1848. It has been on the market for 3 months.

At this latitude, Raymond averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Property Details

Essentials & finishes