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Listed by Lauren Stone • Carey Giampa, LLC/Rye • Cell: 603-944-1368
$ 1,895,000
Est. payment /mo
Active
2 Island PATH Hampton, NH 03842
14 Beds
5 Baths
2,851 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,851 sqft
Price per Sqft $664
MLS Listing ID 5033435
Bedrooms 14
Full Baths 5
Construction Status Existing
Year Built 1930
Annual Tax Amount $11,767
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Welcome to your dream investment opportunity at this unique multi-family property near scenic Hampton Beach. Featuring five detached seasonal cottages, each boasting its own beach charm. This listing is primed for those looking to step into the rental market or expand their portfolio. Nestled in a vibrant community, this property includes four 3-bedroom units and one 2-bedroom unit. Each unit provides two parking spots, eliminating the usual seaside scramble for parking spaces. Recently, two of the cottages received new roofs, and most appliances have been updated, blending modern conveniences with quaint architectural styles. The 2024 exterior paint refresh promises to enhance curb appeal. Situated mere steps from Hampton Beach and all of it's shopping, dining and entertainment options including the Sea Shell Stage as well as the lively Casino Ballroom, This is a highly desirable location for seasonal renters or vacationers. A pending approval for condominium conversion suggests an exciting potential for future growth and adaptation, making now an ideal time to dive into this lucrative investment. With a stellar rental history, this property is not just a purchase but an enduring legacy at one of Hampton's most beloved locales. Don't miss out on reaping the rewards of Seacoast charm paired with rental income potential!
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning BS
Interior
Cooling None
Exterior
Utilities Available Other
Roof Type Shingle - Asphalt
Building
Story 1
Foundation Post/Piers
Sewer Public
Architectural Style Cottage/Camp
Construction Status Existing
Schools
Elementary Schools Adeline C. Marston School
Middle Schools Hampton Academy Junior Hs
High Schools Winnacunnet High School
School District Hampton School District
