1 Old Manchester Rd - Apartments FOR SALE


Raymond, NH 03077
$975,000 USD
603-431-1111
1 Old Manchester Rd, Raymond, NH for Sale
$975,000 USD
Apartments - FOR SALE
1/114
null | Request Cap Rate

1 Old Manchester Rd
Raymond, NH 03077


OVERVIEW

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 9%. Private showings Fri 4-6

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

3

PRICE/UNIT

$325,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex Likes no other / 1 Old Manchester Rd

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1848

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,629 SF

ZONING

C-1

APN/PARCEL ID

RAYM-002803-000000-000058

ASK ABOUT THIS PROPERTY

Andy YauRE/MAX ShorelineMore Info
603-431-1111

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Andy YauRE/MAX ShorelineMore Info
603-431-1111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.