Bought with Todd Wheatley • Four Points Real Estate
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11 Perkins AVE Hampton, NH 03842
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,592 sqft
Price per Sqft $295
MLS Listing ID 4962083
Sold Date 11/14/23
Style Multi-Family
Bedrooms 8
Full Baths 6
Construction Status Existing
Year Built 1955
Annual Tax Amount $6,626
Tax Year 2022
Lot Size 8,276 Sqft
Acres 0.19
Property Description
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!
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning RB
Body of Water Ocean
Rooms
Basement Crawl Space
Interior
Heating Electric
Cooling None, Wall AC Units, Mini Split
Exterior
Exterior Feature Wood Siding
Garage Description Parking Spaces 11 - 20
Utilities Available Cable
Water Access Desc Yes
Roof Type Other
Building
Lot Description Beach Access
Story 2
Foundation Concrete
Sewer Public Sewer On-Site
Water Public Water - On-Site
Construction Status Existing
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