This CASH COW is being presented to the market as the current owner is retiring! Pulling an astounding 11%+ cap rate, you have nothing to do but start investing and collecting. The property consists of two buildings on one large lot. The front building is made up of 4 units: three 1-bedroom units, and one 2-bedroom unit. the back building features 3 studio apartments, side by side. There is a history of long-term tenants, but this property could also be used for short term rentals or possible development (buyer to perform due diligence). The large lot can strategically fit more the 20 cars. Don't miss out on this one, passive income flow awaits whether you are starting your portfolio or adding to it!

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Tax Information

Tax Year2022

Building

Year Built1955
Building ConstructionWood Frame
StyleMulti-Family
Units7
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 1 Total Rooms4
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1
Unit 2 Total Rooms3
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location2
Unit 3 Total Rooms3
Unit 4 Bath1
Unit 4 Floor Location2
Unit 4 Total Rooms3
Unit 5 Bedrooms1
Unit 6 Baths1
Unit 6 Bedrooms1
Unit 7 Baths1
# of 1 Bedrooms6
Unit 7 Bedrooms1
# of 2 Bedrooms1
Bathroom7
Total Baths7
BasementCrawl Space
FoundationConcrete

Basic Information

StatusSLD
List Price$1,150,000
Date Price Change07/19/2023
MLS Number4962083
MLS StatusClosed
Sale Date11/14/2023

Exterior

ExteriorWood Siding
RoofOther
Exterior ColorWhite

Utilities

Heat FuelElectric
Heat SystemBaseboard, Electric, Mini Split
WaterPublic Water - On-Site
Water HeaterElectric, Gas
Electric100 Amp
SewerPublic Sewer On-Site
UtilitiesCable

Other

Taxes$6,626
Seasonal Y/NNo
Date Listed07/20/2023
Date Showings Begin2023-07-22
View Count37

Location

TownHampton
StateNH
Zip03842
CountyRockingham
ZoningRB
Flood Zone Y/NYes

Property

Acreage0.19
Parking Spaces
Lot DescriptionBeach Access
Square Feet3,592
APX Fin AG Sqft3,592
Road Frontage65
RoadsPublic

Amenities

PricePerSqFt295.1

Water Body

Water Body TypeOcean
Water Body NameAtlantic Ocean
Water AccessShared
Water Access DetailsBeach Access, Cross a Street to Access

Copyright 2024 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 October 6, 2024 9:24 AM EDT

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11 Perkins AvenueHampton, NH 03842MLS Number 4962083

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