Welcome to this rare opportunity to own a desirable multi-family property situated in the heart of North Beach, with breathtaking views of both the Atlantic Ocean and sea marsh. Just steps away from the beach access, 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. The downstairs unit is currently vacant. The upstairs unit currently has a "tenant at will".
Closed
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081
Bought with: Keller Williams Realty Boston Northwest
$795,000
601 Ocean Boulevard, Hampton, NH 03842
6beds
2,240sqft
Multi Family
Built in 1940
-- sqft lot
$818,600 Zestimate®
$355/sqft
$2,569 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 09:20am
Listed by:
Sean Bakhtiari,
Compass New England, LLC 978-248-8081
Bought with:
Cynthia P Bryan
Keller Williams Realty Boston Northwest
Source: PrimeMLS,MLS#: 4994533
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Natural Gas, Hot Water
Cooling
- None
Features
- Has basement: No
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
- Finished area above ground: 2,240
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Gravel, Paved, Deeded, Driveway, Off Street, Parking Spaces 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Body of water: Atlantic Ocean
- Frontage length: Road frontage: 50
Lot
- Size: 4,792 sqft
Details
- Parcel number: HMPTM235B18
- Zoning description: BS
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Block, Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Gas at Street, Phone Available
Community & neighborhood
Location
- Region: Hampton
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$818,600
2% more+$16,372
With Zillow Showcase(estimated)$834,972