Courtesy Of Sean Bakhtiari Of Compass New England, Llc

601 Ocean Blvd

Hampton, NH 03842 View Map $999,900 Schedule a Tour
Sq.Ft.2,240
Year1940
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Bean Group

Bean Group

(603) 932-5600
 
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Status: Active
Property Type:Multi-Family
MLS #:4994533
Sq. Feet:2,240
On Site:21 Days
Lot Size:0.11 Acres
County:Rockingham

Listing Agent/Office

Agent:Sean Bakhtiari
Office:Compass New England, LLC
Office Phone:978-248-8081
Welcome to this rare opportunity to own a prime multi-family property nestled in the heart of North Beach, with breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach, 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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:601 Ocean Blvd, Hampton, NH 03842
County:Rockingham
City:Hampton
Zip Code:03842
Water Body Name:Atlantic Ocean

School Information

Elementary School:Hampton Centre School

Architecture

Year Built:1940
Stories:2
Style:Duplex
Construction: Wood Frame, Wood Siding
Unit 1: 3 beds, 2, baths, 996 sq.ft.. Rent: $2400 (paidMonthly). Status: Leased
Unit 2: 3 beds, 1, bath, 1244 sq.ft.. Rent: $2325 (paidMonthly). Status: Month to Month
Roof: Shingle - Asphalt
Foundation: Block, Concrete

Features / Amenities

Parking: Deeded, Driveway, Off Street, Parking Spaces 4
Heating: Hot Water
Heat Fuel: Gas - Natural

Square Footage

Finished Sq. Ft.
Above Grade 2240
Below Grade 0
Total 2240

Property Features

Lot Size: 0.11 Acres
Lot Description: Water View
Lot: 0
Water Body: Ocean
Water Body Name: Atlantic Ocean
Water Body Access: Yes
Water Access Details: Beach Access, Cross a Street to Access
Utilities: Cable - Available, Gas - At Street, Telephone Available
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Driveway: Gravel, Paved
Roads: Public
Zoning:BS
Directions:101 East to Ocean Blvd., Drive north on Ocean Blvd and the property will be on the right

Tax and Financial Info

Tax - Gross Amount: $9,159
Tax Year: 2023
Tax Rate: 16.75
Gross Income: $56,700

Schools

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601 Ocean Blvd Hampton,  NH 03842
GO SEE THIS LISTING
601 Ocean Blvd Hampton, NH 03842
 
ASAP
Wed
29
May
Thu
30
May
Fri
31
May
Sat
1
Jun
Sun
2
Jun
Mon
3
Jun
Tue
4
Jun
Choose Your Date -- It's Free, Cancel Anytime
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