$1,450,000 Price Analysis    ♡   Hampton, NH 03842 14 bed 8 bath 4,870 SqFt ($297/SqFt) 0.36 acre lot. Built 1950 Listed 2024-05-07, HOA $13, Taxes $9,686 | May be USDA loan restricted due to income limits near Hampton |
Incredible and unique investment opportunity in the heart of Hampton Beach!
* Has Contingent Offer *Wonderful and well maintained multi-family short walk to the gorgeous sands and all the amenities along the boulevard. Total of 8 units of which 2 are owner occupied. Separate heat and electric meter for each unit. Coin operated laundry for tenant use. 1 car garage under plus additional common storage. Plenty of off-street parking for everyone. All tenants are year round and month to month. Tenants pay gas, electric, phone/cable.
Owner pays water. Many rents are below market value - room to increase. Pretty common area in the enclosed front porch and charming garden area for all to enjoy. All units have been maintained and updated through the years. Central air in Unit 1. Great for owner/manager occupied or lease all 8 units. Note: income does not include units 1 and 2F - tremendous potential for lucrative short-term rentals. Lots of other possibilities. Walking distance to all the beach activities, shows, arcades, shopping and restaurants. easy access to Route 101. Come enjoy the sand and sea of Hampton's charming seaside community!
Presented by Kristen Russell at
Russell Associates Inc.
Property MLS #4994434 from PrimeMLS
Total Refrigerators: 8
Heating Fuel: Gas - Natural
Road Frontage Type: Yes
Roads: Association, Paved, Public
Garage Spaces: 1
Garage Features: Garage: Yes
Parking Features: Parking: Garage, Off Street, On-Site, Parking Spaces 11 - 20, Paved, Unassigned
Lot Size Square Feet: 15682
Association Fee: 150
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 13
High School: Winnacunnet High School
Middle School: Hampton Academy Junior HS
School District: Hampton School District
Map directions Map directions Map directionsBedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 950
Unit 5 Total Actual Rent: 1300
Unit 6 Total Actual Rent: 950
Unit 7 Total Actual Rent: 1150
Unit 8 Total Actual Rent: 1000
Source Listing Status: Under Contract
County: NH-Rockingham
Directions: Route 101 East to Hampton Beach. Follow Highland Ave to Route 1A. Left on to Route 1A. Left on to Church St. Property on the left.
Tax Year: 2023
Source Property Type: Multi-Family
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 8
Zoning: RCS
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $380,700 + $230,800 $611,500 | $9,686 |
| 2021 | $380,700 + $230,800 $611,500 | $9,686 |
| 2020 | $375,700 + $230,800 $606,500 | $9,662 |
| 2019 | $375,700 + $230,800 $606,500 | $9,710 |
| 2018 | $357,500 + $210,000 $567,500 | $9,659 |
| 2017 | $357,500 + $210,000 $567,500 | $9,290 |
| 2016 | $357,500 + $210,000 $567,500 | $9,125 |
| 2015 | $335,400 + $182,600 $518,000 | $9,925 |
| 2014 | $335,400 + $182,600 $518,000 | $9,485 |
| 2007 | $221,000 + $138,500 $359,500 | $7,115 |
| 2007 | $221,000 + $138,500 $359,500 | $7,115 |
$1,450,000
PrimeMLS
Year Built: 1950
Above Grade Finished Area: 4870
Below Grade Unfinished Area: 643
Construction Materials: Combination Exterior
Foundation Details: Brick, Concrete
Property Age: 74
Property Condition: Existing
Roof: Corrugated, Shingle
Levels or Stories: 3
Total Area Sqft: 5513
Architectural Style: Apartment Building
Sewer: Public
Gas - Underground
Electric Company: Unitil
Fuel Company: Unitil
Water Source: Public
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.