5 Apartments and 2 first floor office/retail units Rt 1 ( Lafayette ) in Hampton which can be converted to residential with Board approvals. Walk to Hannaford, Walgreens, restaurants, church. Very high traffic. High visibility. Current 7.2 cap rate with two low, longtime apt rents; proforma 8.6 cap with at market rents. Good condition. Municipal water and sewer. Natural Gas, Town trash removal. terrific investment property. One office vacancy of 1500 SF with kitchenette. This is a terrific office location and the wide open offices offer many uses like sales showrooms, display areas, classroom or other group sessions. See the Pictures!

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Basic Information

StatusACT
List Price$850,000
Date Price Change07/06/2022
MLS Number4849107
MLS StatusActive

Property

Acreage0.37
Parking Spaces
Lot DescriptionLevel
Lot51
Square Feet3,731
APX Fin AG Sqft2,756
Road Frontage100
RoadsPaved

Location

TownHampton
StateNH
Zip03842
CountyRockingham
ZoningCommerical Mixed use
Flood Zone Y/NNo

Interior

APX Fin Below Grade975

Exterior

ExteriorVinyl
RoofShingle - Asphalt
Exterior Colorbeige

Other

Taxes$6,800
Seasonal Y/NNo
Date Showings Begin2021-03-03
View Count117

Building

Year Built1986
Building ConstructionInsulation-FiberglssBatt, Wood Frame
StyleApartment Building
Units7
# of 1 Bedrooms6
Bathroom6
Total Baths6
BasementConcrete Floor, Partially Finished, Storage Space, Walkout, Exterior Access
FoundationGranite

Utilities

Heat FuelGas - Natural
Heat SystemBaseboard, Gas Heater - Vented
WaterCommunity
Water HeaterElectric
Electric100 Amp
SewerCommunity
UtilitiesCable - At Site, Gas - On-Site, High Speed Intrnt -Avail, Telephone Available

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 29, 2023 5:53 PM EDT

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Your Questions & Comments I found a listing on "The Hamptons Real Estate" which you may be interested in:

592 Lafayette RoadHampton, NH 03842MLS Number 4849107

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