Bought with Cynthia P Bryan with Keller Williams Realty Boston Northwest and Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081
Sold
601 Ocean Boulevard
Hampton NH, 03842
$795,000
$354.91 per sqft
Sold
6 Beds
3 Baths
2,240 sqft
Multi-family
Built in 1940
Welcome to this rare opportunity to own a desirable multi-family property situated in the heart of North Beach, with breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach access, 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 spacious units: Unit 1 on ground level has 3 bedrooms, 1.5 baths, laundry & 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 living 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. The downstairs unit is currently vacant. The upstairs unit currently has a "tenant at will".
4994533
MLSⓇ ID
May 8, 2024
Listed
November 25, 2024
Updated
Map
601 Ocean Boulevard
Hampton NH, 03842
Interior Features
Bedrooms
6
Total Bathrooms
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Water, Gas - Natural
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Shingle - Asphalt
Sewer
Public
School Information
High School
Winnacunnet High School
Elementary School
Hampton Centre School
Other Property Details
Area Name
NH-Rockingham
Taxes
$9,159
Tax Frequency
Annually
Days on Market
148
Garage
No
Parking
Deeded, Driveway, Off Street, Parking Spaces 4
View
No
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Sold | $795,000 |
10/3/2024 | Pending | — |
Bought with Cynthia P Bryan with Keller Williams Realty Boston Northwest and Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081
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