Katie Clancy - The Cape House
Listing courtesy of Sean Bakhtiari, Compass Phone: 978-248-8081
601 Ocean Boulevard, Hampton, NH, 03842
10 rooms
6 beds
2 Full baths
1940
Duplex
2,240 sqft
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.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
BS
Frontage:
50
Heating:
Hot Water
Cooling:
None
Parking:
Deeded, Driveway, Off Street, Parking Spaces 4
Acreage:
0.11
Est. Taxes:
$9,159
Lot Description:
Water View
Elementary School:
Hampton Centre School
Middle School:
Hampton Academy Junior HS
High School:
Winnacunnet High School
School District:
Hampton School District
MLS #:
4994533