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Manchester Multi-Family Investment Opportunity
For Sale
$485,000
Pending

6 Ray St, Manchester, NH 03104

Multi-family property in North Manchester, convenient to amenities.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market165

Property Features for 6 Ray St

General Information

Standard status Pending
Lot size 0.12 Acres
Property subtype Investment

Building Details

Year Built 1910
Units 2
Listing Agency:
Listed By: Courtney Tanguay
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Jul 16 at 10:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Courtney Tanguay

Investment Insights

Based on property information with market context.

This multi-family property in the North end of Manchester presents an investment opportunity. The property features a 5-bedroom unit with bonus rooms, including one in the basement. The second unit includes a walk-up expansion attic that has been partially finished and has its own heat source with a natural gas hook-up. The property is conveniently located near commuting routes, a hospital, schools, and shopping. The property is being sold "as is". Showings are delayed until Saturday 9/27, with showing windows on Saturday and Sunday from 12-4 pm.

Key Highlights

  • Multi‑family property ideal for owner occupancy and generating rental income.
  • Five‑bedroom unit with bonus rooms, offering flexible living space.
  • Second unit features a walk‑up attic with existing heat source and natural gas hook‑up, ready for expansion.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Home Appliance Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,315
Businesses Nearby

Demographics for 03104, NH

34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-family property in North Manchester, convenient to amenities.
Where is this multifamily property located?
The property is located at 6 Ray St Manchester, NH.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Multi‑family property ideal for owner occupancy and generating rental income.; Five‑bedroom unit with bonus rooms, offering flexible living space.; Second unit features a walk‑up attic with existing heat source and natural gas hook‑up, ready for expansion.
More about this property
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