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$999,900   Price Analysis
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601 Ocean Blvd
Hampton, NH 03842
6 bed 2 bath 2,240 SqFt ($446/SqFt)
4,792SqFt lot. Built 1940
Listed 2024-05-08, Taxes $8,661
May be USDA loan restricted due to income limits
near Hampton

Welcome to this rare opportunity to own a prime multi-family property nestled in the heart of North Beach

With breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach, this property is perfect for both owner-occupants looking for a coastal retreat and savvy investors seeking a lucrative rental income and long-term appreciation. Estimated annual short-term rental income is $110k-$130k ( not investment advice ).The property features 2 open units: Unit 1 on ground level has 3 bedrooms, 1.5 baths, laundry and approximately 996 sqft of living space. Unit 2 on the upper level features 3 bedrooms, 1 bathroom, private front and back decks and about 1, 244 sqft of lving area.

Seller's flood insurance is $1, 283 annually. No water damage to house or systems over this past winter. Additionally, you'll love the 4 deeded off-street parking spots, the private back yard for gatherings, barbeques and sunbathing, natural gas heat, easy beach access across the street and convenient proximity to Route 101, Route 95, Southern ME and all of NH Seacoast's top attractions. For investors, this property presents an excellent income-generating opportunity. With two separate units, you can maximize rental income by leasing out both units or live in one while renting out the other.


Presented by Sean Bakhtiari at
Compass New England, LLC.


Property MLS #4994533 from PrimeMLS

Bedrooms: 6

Full Bathrooms: 2

Heating Features: Hot Water
Heating Fuel: Gas - Natural

Water Body Name: Atlantic Ocean
Water Features: Water Access: Beach Access, Cross a Street to Access

Frontage Length: 50
Road Frontage Type: Yes
Roads: Public

Driveway: Gravel, Paved
Parking Features: Parking: Deeded, Driveway, Off Street, Parking Spaces 4

Lot Size Acres: 0.1100092
Lot Size Square Feet: 4792

Elementary School: Hampton Centre School
High School: Winnacunnet High School
Middle School: Hampton Academy Junior HS
School District: Hampton School District

Adeline C. Marston School is a public elementary school located approximately 1.7 miles away.
directions icon Map directions

Hampton Academy is a public middle school located approximately 1.9 miles away.
directions icon Map directions

Seacoast Results Academy is a private elementary, middle and high school located approximately 1.7 miles away.
directions icon Map directions

Gross Income: 56700

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 5
Unit-1 Square Feet: 996
Unit-2 Square Feet: 1244
Unit 1 Total Actual Rent: 2400
Unit 2 Total Actual Rent: 2325

Annual Tax Amount: 9159
Source Listing Status: Active
County: NH-Rockingham
Directions: 101 East to Ocean Blvd., Drive north on Ocean Blvd and the property will be on the right
Tax Year: 2023
Source Property Type: Multi-Family
Zoning: BS
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$168,200 + $378,600
$546,800
$8,661
2021$168,200 + $378,600
$546,800
$8,661
2020$168,200 + $378,600
$546,800
$8,711
2019$168,200 + $378,600
$546,800
$8,754
2018$144,200 + $344,200
$488,400
$8,313
2017$144,200 + $344,200
$488,400
$7,995
2016$144,200 + $344,200
$488,400
$7,853
2015$121,500 + $299,300
$420,800
$8,063
2014$121,500 + $299,300
$420,800
$7,705
2007$118,200 + $247,300
$365,500
$7,233
2007$118,200 + $247,300
$365,500
$7,233

Listed 2024-05-08
$999,900
PrimeMLS
Sold 2019-01-22
$560,000
Public Record
Listing removed 2019-01-12
$0
PrimeMLS
Listing removed 2019-01-12
$0
PrimeMLS
Listing removed 2019-01-11
$619,900
PrimeMLS
Listing removed 2019-01-11
$619,900
PrimeMLS
Listed 2018-10-26
$619,900
PrimeMLS
Listed 2018-10-26
$619,900
PrimeMLS
Listing removed 2018-07-13
$629,000
PrimeMLS
Listing removed 2018-07-13
$629,000
PrimeMLS
Listed 2018-05-09
$629,000
PrimeMLS
Price Changed 2018-04-30
$629,000
PrimeMLS
Listed 2018-04-06
$659,900
PrimeMLS
Listing removed 2018-02-12
$699,900
PrimeMLS
Listing removed 2018-01-05
$699,900
PrimeMLS
Listed 2017-07-17
$699,900
PrimeMLS
Listed 2017-07-07
$699,900
PrimeMLS

Total Square Feet Living: 2240
Year Built: 1940
Above Grade Finished Area: 2240
Construction Materials: Wood Frame, Wood Siding
Foundation Details: Block, Concrete
Property Age: 84
Property Condition: Existing
Roof: Shingle - Asphalt
Levels or Stories: 2
Total Area Sqft: 2240
Architectural Style: Duplex

Electric: Circuit Breaker(s)
Sewer: Public
Cable - Available
Gas - At Street
Telephone Available
Water Source: Public
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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.