6 Ray Street, Manchester, NH 03104
MULTI_FAMILY - Other - Manchester, NH
- Added:
- Sep 26, 2025
- Days on Market:
- 286
- Last Refresh:
- Jul 8 at 5:06 pm
Property Features for 6 Ray Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-1
- Rooms
- Basement
- Standard status
- Active Under Contract
- Size
- 2,432 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7378
Utilities
- Utilities
- Phone Available
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Slate
- Architectural style
- Other
Listing agent Courtney Tanguay (603) 848-9559
Listing office Coldwell Banker Realty Nashua 569B Amherst St., Bedford, NH (603) 673-4000
Listing date Sep 26, 2025
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Manchester multi‑family with 5 bedrooms and bonus rooms throughout, including one in the basement
- Second unit includes a walk‑up expansion attic that has started to be finished, with its own heat source and natural gas hook‑up
- Year built: 1910
- Exterior: vinyl siding; roof: slate
- Heating includes natural gas and hot water (heating)
- Utilities include public water and phone available
Overview
The property is located in Manchester, in the North end area, and is zoned B-1. The listing is offered “as is,” and the seller has provided an appraisal in the available documents.
The layout can suit buyers seeking either owner-occupancy or a traditional rental configuration, with additional bonus room space supporting a range of tenant needs. The expansion attic represents an opportunity to complete additional finished living area in the second unit, while the existing heat source and natural gas hookup may help reduce uncertainty for future improvements. Delayed showings are scheduled to begin on Saturday 9/27, with showing windows both Saturday and Sunday from 12–4.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $20.40 |
| − Vacancy | −$2.7k | −$1.12 |
| EGI | $46.9k | $19.28 |
| − OpEx | −$14.1k | −$5.78 |
| NOI | $32.8k | $13.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.461356
- Latitude
- 43.007066
