Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081

Active

601 Ocean Boulevard

Hampton NH, 03842

$899,900


$401.74 per sqft

Active

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

September 17, 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

127


Garage

No


Parking

Deeded, Driveway, Off Street, Parking Spaces 4


View

No


Pool

No

Listed by Sean Bakhtiari with Compass New England, LLC 978-248-8081

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