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$925,000

1 Old Manchester Road
Raymond, NH 03077
Listed by Andy Yau · RE/MAX Shoreline
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1848

About this home

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%

Property details

MLS #
5092224
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
68
On market date
N/A
Stories
N/A
Garage spaces
2
Lot size
0.38 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Lamprey River Elementary School
0.48 mi away · Grades 0-3
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
375
Student:teacher ratio
10.4:1
District
Raymond School District
Middle
Iber Holmes Gove Middle School
0.38 mi away · Grades 4-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
441
Student:teacher ratio
13.8:1
District
Raymond School District
High
Raymond High School
0.94 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
362
Student:teacher ratio
12.1:1
District
Raymond School District

Mortgage calculator

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Est. monthly payment
$5,720/mo
$185,000 down
$740,000 loan
Principal & interest$4,800
Property tax (est.)$771
Home insurance (est.)$150

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