Gray Property Group

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Gray Property Group The full-service real estate firm specializing in multifamily properties & servicing NH, MA & FL

🏑NEW LISTING | 79 Thornton Street  #1, Portsmouth, NHπŸ“…  OPEN HOUSE | Saturday, October 17 | 11:00 AM–12:30 PMOffered at ...
10/16/2026

🏑NEW LISTING | 79 Thornton Street #1, Portsmouth, NH
πŸ“… OPEN HOUSE | Saturday, October 17 | 11:00 AM–12:30 PM
Offered at $1,149,000

Welcome to 79 Thornton Street #1, a stunning coastal-style townhouse in Portsmouth's desirable North Mill Pond neighborhood! Offering 2,280 sq. ft. of beautifully designed living space, this 3-bedroom, 2.5-bathroom home combines modern finishes, thoughtful design, and an unbeatable location just minutes from Downtown Portsmouth.

Step inside to discover a bright, open-concept main level featuring wide-plank oak flooring, soaring ceilings, and a spacious kitchen with an oversized island that flows seamlessly into the dining area. Upstairs, the primary suite offers a generous walk-in closet and private ensuite bathroom, while two additional bedrooms, a full guest bath, and a dedicated laundry room complete the second floor.

✨ Property Highlights:
🏑 3 Bedrooms | 2.5 Bathrooms
πŸ“ 2,280 Sq. Ft. of Living Space
🌊 Desirable North Mill Pond Location
✨ Open-Concept Layout with High Ceilings
πŸͺ΅ Beautiful Wide-Plank Oak Flooring
🍽️ Modern Kitchen with Oversized Island
πŸ›οΈ Spacious Primary Suite with Walk-In Closet & Ensuite
🧺 Dedicated Second-Floor Laundry Room
🌿 Private Patio with Custom Hardscaping
♨️ Private Hot Tub & Peek-a-Boo Water Views
πŸš— Attached 2-Car Garage with 13-Foot Ceilings
πŸš™ Private Driveway for Additional Parking
🚢 Walkable to Downtown Portsmouth & Market Square

Located in "The Creek" neighborhood, this home offers the perfect balance of coastal charm and modern convenience. Enjoy an easy stroll to downtown Market Square, explore the restaurants and shops of Portsmouth's vibrant West End, or relax on your private patio overlooking glimpses of North Mill Pond.

πŸ“ Join us this Saturday, October 17, from 11:00 AM–12:30 PM for an Open House hosted by Listing Agent Brett Berger to experience everything this beautiful Portsmouth townhouse has to offer!

πŸ“© Contact Brett Berger with Gray Property Group at [email protected] for additional information or to schedule a private showing.

🏑 NEW LISTINGS | 34 Ponemah Hill Road  #1 and  #4, Milford, NHBuilt in 2021, these beautifully maintained townhouses off...
10/09/2026

🏑 NEW LISTINGS | 34 Ponemah Hill Road #1 and #4, Milford, NH

Built in 2021, these beautifully maintained townhouses offer 2 bedrooms and 1.5 bathrooms spread over three levels.

β€’ Unit 1, the last end-cap unit, offers 1,440 SF of modern living space and is offered at $470,000.
β€’ Unit 4 offers 1,296 SF of modern living space and is offered at $429,000.

Designed with both comfort and functionality in mind, these homes feature an open-concept layout with high ceilings, abundant natural light, granite countertops, shaker-style cabinetry, subway tile backsplash, stainless steel appliances, and a gas range.

✨ Features Include:
🏠 Spacious open-concept living and dining area
🍽️ Granite countertops and stainless steel appliances
πŸ”₯ Gas range
πŸ›οΈ Two generously sized bedrooms
πŸ› Full bath with double vanity plus first-floor half bath
🧺 In-unit washer and dryer
🌿 Private backyard patio
πŸ“¦ Full basement with bulkhead access for storage
πŸš— Two dedicated off-street parking spaces

For investors, similar units are currently being rented for approximately $2,750 per month, providing a strong and proven rental history.

Conveniently located just minutes from the Milford Oval, NH-101A, shopping, dining, Manchester-Boston Regional Airport, and major commuter routes, this property offers flexibility for both owner-occupants and investors alike.

πŸ“© Contact Nick Gray at Gray Property Group at (603) 637-4812 or [email protected] to schedule a showing.

🏒 JUST CLOSED | 270 Amory Street, Manchester, NHWe’re excited to share that Gray Property Group has officially closed on...
09/28/2026

🏒 JUST CLOSED | 270 Amory Street, Manchester, NH

We’re excited to share that Gray Property Group has officially closed on 270 Amory Street, a 34,600 SF mixed-use commercial property situated on 2.7 acres on Manchester’s West Side.

This off-market acquisition took a little longer to reach the closing table than anticipated. An unexpected title defect resulted in several closing delays and pushed our timeline well beyond the original August closing date. After working through the title process with the seller, attorneys, and other parties involved, the issue was ultimately resolved and we officially closed!

We want to extend a sincere thank you to our investment partners for their patience, flexibility, and continued confidence throughout the delays. Investor funds had been committed and ready to close, and we greatly appreciate everyone sticking with us as we worked through an issue outside of our anticipated timeline.

The property is 97% occupied, providing strong in-place cash flow from day one. We acquired the property for $1.73 million, or approximately $50/SF, and negotiated a $100,000 seller credit toward deferred maintenance as part of the transaction.

πŸ“ˆ Acquisition Highlights:
βœ… 34,600 SF of retail and industrial space
βœ… 2.7-acre mixed-use site on Manchester’s West Side
βœ… 97% occupied at acquisition
βœ… $100,000 seller credit for deferred maintenance
βœ… Opportunity to increase rents over time
βœ… Long-term redevelopment potential

While we’re excited about the property’s existing operations, one of the most compelling aspects of this acquisition is the opportunity to control 2.7 acres of mixed-use land in Manchester. Our immediate focus will be on operating and improving the existing property, while continuing to explore conceptual plans for a potential future multifamily or mixed-use redevelopment of the site.

Getting this one closed took a little longer than any of us anticipated, but we’re thrilled to officially welcome 270 Amory Street to the Gray Property Group portfolio.

Once again, a huge thank you to our investors and everyone involved in getting this transaction across the finish line. We’re looking forward to what comes next!

🏑 OPEN HOUSE | 463 Lake Avenue, Manchester, NH πŸ’° Offered at $515,000 πŸ“… Open House: Saturday, September 26 | 10:00 AM–12:...
09/24/2026

🏑 OPEN HOUSE | 463 Lake Avenue, Manchester, NH
πŸ’° Offered at $515,000
πŸ“… Open House: Saturday, September 26 | 10:00 AM–12:00 PM

Join us this Saturday for an open house at 463 Lake Avenue, a turnkey 2-unit multifamily opportunity in Manchester’s Hanover Hill neighborhood offering flexibility for both investors and owner-occupants!

Each unit features 2 bedrooms and 1 bathroom with functional layouts, stainless steel appliances, durable vinyl plank flooring, washer/dryer hookups, and separate utilities. The property has been well cared for and features a brand-new roof with a 50-year transferable warranty, vinyl windows, a clean and dry basement, and off-street parking.

✨ Investment Highlights:
🏠 Two 2-Bed / 1-Bath Units
πŸ’΅ Recent Rents: $1,875 & $1,850/Month
πŸ“ˆ ~$45,000 Pro Forma Annual Gross Revenue
πŸ’° ~$29,000 Pro Forma Net Income
🏑 Brand New Roof with 50-Year Transferable Warranty
πŸ”₯ Separate Natural Gas Boilers
⚑ Separate Electric Water Heaters
πŸ”‘ Delivered Vacant for Immediate Possession
πŸš— Off-Street Parking for 2–4 Vehicles
πŸ₯ Less than 1 Mile from Elliot Hospital

With both units intentionally being marketed vacant, the next owner has the opportunity to immediately occupy one unit and rent the other, or select their own tenants and establish a fresh investment strategy from day one.

Conveniently located just minutes from Downtown Manchester, Elm Street, South Willow Street, and Elliot Hospital, 463 Lake Avenue offers a strong combination of location, condition, and rental potential.

πŸ“ Stop by this Saturday, September 26, from 10:00 AM–12:00 PM to tour the property with listing agent Nick Gray.

πŸ“© Contact Gray Property Group at (603) 637-4812 for additional information or to schedule a private showing.

🏒 JUST CLOSED | 17 Bridge Street, Pittsfield, NHWe’re excited to announce the closing of 17 Bridge Street. At a final cl...
08/28/2026

🏒 JUST CLOSED | 17 Bridge Street, Pittsfield, NH

We’re excited to announce the closing of 17 Bridge Street. At a final closed price of $549,000, this marks a record for the highest 4-unit sale price in Pittsfield history.

The success of this sale is due in part to the property’s strong unit mix consisting of one 3-bedroom, two 2-bedroom, and one 1-bedroom apartment, along with several private porches, select in-unit laundry, separate electric and hot water metering, and 5–6 off-street parking spaces.

At the time of sale, the property was generating approximately $81,000 in annual gross income and $50,500 in NOI, while a large attached barn offered additional value-add potential through storage income or possible future redevelopment, subject to town approvals.

Congratulations to everyone involved in getting this transaction across the finish line!

We’ll be bringing several more multifamily investment properties to market throughout New Hampshire in the coming weeks.

If you’re looking to expand your portfolio, stay tuned or reach out to Gray Property Group to learn more about what we have coming soon.

🏒 NEW LISTING | 305–309 Cedar Street | Manchester, NHExcellent 9-unit multifamily investment opportunity in Manchester f...
08/22/2026

🏒 NEW LISTING | 305–309 Cedar Street | Manchester, NH

Excellent 9-unit multifamily investment opportunity in Manchester featuring an attractive mix of spacious 2- and 3-bedroom apartments and strong in-place rental income.
Current rents average approximately $1,900/month for 2-bedroom units and $2,500/month for 3-bedroom units.

Several units have recently been turned with modest updates, offering a clean, attractive product today while leaving additional upside for a new owner to continue improving the property and increasing rents over time.

πŸ“Š Investment Highlights:
β€’ 9 multifamily units
β€’ All 2- and 3-bedroom apartments
β€’ Approx. $229,000/year pro forma rental income
β€’ Approx. $149,000 pro forma NOI
β€’ 8.3% pro forma cap rate at asking price
β€’ Strong existing rents with additional long-term upside
β€’ Approximately 5 off-street parking spaces + additional street parking

The property is heated by a natural gas boiler, with the landlord responsible for heat, hot water, and water/sewer. Tenants pay their own electricity.

305–309 Cedar Street presents a compelling opportunity to acquire a well-located, income-producing Manchester multifamily asset with a strong unit mix, established rental income, and room for continued value creation.

πŸ“ž To learn more or schedule a showing, contact Nick Gray at Gray Property Group at (603) 637-4812 or [email protected].

πŸŽ‰ JUST SOLD | 149 Cutts Street, Portsmouth, NH πŸŽ‰Congratulations to our clients on the successful purchase of this beauti...
08/16/2026

πŸŽ‰ JUST SOLD | 149 Cutts Street, Portsmouth, NH πŸŽ‰

Congratulations to our clients on the successful purchase of this beautiful historic Portsmouth home, represented by Brett Berger of Gray Property Group!

🏑 Purchased for $970,500
πŸ›οΈ 3 Bedrooms
πŸ› 2 Bathrooms
πŸ“ 2,495 SF
πŸ“… Built in 1911
πŸš— 4-Car Garage
🌳 0.57 Acres

Located less than a mile from Downtown Portsmouth, this charming home combines classic New England character with an incredible West End location. Highlights include wide-plank hardwood floors, bright and spacious living areas, an eat-in kitchen with a private rear deck, a sunroom with skylights, and a large backyard. The property also offers 43 feet of access to the North Mill Pond inlet, plus an oversized four-car garage with additional flexible space above.

A fantastic opportunity for our buyers to acquire a unique property in one of Portsmouth's most desirable neighborhoods.

Congratulations to our clients, and a special thank you to Brett Berger for successfully representing the buyers!

Thinking about buying or selling in New Hampshire or Florida? Contact Gray Property Group at (603) 637-4812.

πŸŽ‰ JUST SOLD | 34 Ponemah Hill Road, Unit 6 | Milford, NH πŸŽ‰Congratulations to our seller on the successful off-market sal...
08/09/2026

πŸŽ‰ JUST SOLD | 34 Ponemah Hill Road, Unit 6 | Milford, NH πŸŽ‰

Congratulations to our seller on the successful off-market sale of Unit 6, which closed for $470,000! Gray Property Group was proud to represent the seller in this transaction.

Built in 2021, these modern townhomes offer approximately 1,300 square feet of thoughtfully designed living space with 2 bedrooms, 1.5 bathrooms, and three finished levels. Each unit features an open-concept layout, high ceilings, granite countertops, shaker-style cabinetry, subway tile backsplash, stainless steel appliances, a gas range, in-unit laundry, a private patio, a full basement for storage, and two dedicated off-street parking spaces.

This development continues to generate strong demand thanks to its modern finishes, low-maintenance lifestyle, and convenient location just minutes from the Milford Oval, NH-101A, shopping, dining, and Manchester-Boston Regional Airport.

With this closing, 2 of the 9 townhomes have now sold, and another unit is currently under contract. If you've been considering a home or investment opportunity in Milford, now is a great time to take a look.

🏑 Unit 2 is currently available on the MLS.

πŸ“ž To learn more or schedule a showing, contact Nick Gray at Gray Property Group at (603) 637-4812 or [email protected].

🏑 JUST CLOSED | 55 River Road  , Manchester, NHGray Property Group is excited to announce the successful sale of this up...
07/31/2026

🏑 JUST CLOSED | 55 River Road , Manchester, NH

Gray Property Group is excited to announce the successful sale of this updated 2-bedroom, 1.5-bathroom condominium at Hampshire Tower for $275,000.

We had the pleasure of working with the seller for many years through two properties that were both managed by Gray Property Group. We are grateful for the continued trust and the opportunity to assist her with the successful sale of 55 River Road.

This 765 SF condo offered comfortable, low-maintenance living with a spacious layout, granite countertops, stainless steel appliances, updated bathrooms, abundant natural lighting, a private balcony, and one deeded garage parking space.

Residents of Hampshire Tower enjoy a variety of community amenities, including:
🏊 In-ground swimming pool
πŸ‹οΈ Fitness center
πŸ“š Library
πŸŽ‰ Clubroom
πŸ”₯ Grilling area
🧺 Laundry facilities

Located minutes from Downtown Manchester, I-93, I-293, shopping, dining, and Manchester-Boston Regional Airport, this property offered the perfect combination of convenience, comfort, and value.

Thank you to our seller for trusting Gray Property Group throughout this process. We look forward to continuing to build long-term relationships and helping our clients achieve their real estate goals.

πŸ“© Contact Nick Gray at Gray Property Group at (603) 637-4812 or [email protected] for more information on our current listings and investment opportunities.

πŸŽ‰ JUST SOLD | 34 Ponemah Hill Road Unit 8, Milford, NH πŸŽ‰Congratulations to our seller on the successful off-market sale ...
07/24/2026

πŸŽ‰ JUST SOLD | 34 Ponemah Hill Road Unit 8, Milford, NH πŸŽ‰

Congratulations to our seller on the successful off-market sale of Unit 8, which closed for $440,000! Gray Property Group was proud to represent the seller in this transaction.

Built in 2021, these modern townhomes offer ~1,300 SF of thoughtfully designed living space with 2 bedrooms, 1.5 bathrooms, and three finished levels. Each home features an open-concept layout with high ceilings, granite countertops, shaker-style cabinetry, subway tile backsplash, stainless steel appliances, a gas range, in-unit laundry, a private patio, full basement for storage, and two dedicated off-street parking spaces.

Whether you're looking for a primary residence or an investment property, these townhomes continue to attract strong interest thanks to their modern finishes, low-maintenance design, and convenient location just minutes from the Milford Oval, NH-101A, shopping, dining, and Manchester-Boston Regional Airport.

🏑 Looking for one of your own? Additional units are currently available and under contract, with Unit 2 actively listed on the MLS.

πŸ“ž Contact Nick Gray at Gray Property Group at (603) 637-4812 or [email protected] for more information or to schedule a showing.

Address

1343 Main Street, Suite 502
Manchester, NH
34236

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5am
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm
Saturday 9am - 12pm

Telephone

+16036374812

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