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  • 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
    $831,000 Zestimate®
    $355/sqft
    $2,366 Estimated rent

    Home value

    $831,000

    $765,000 - $906,000

    $2,366/mo

    Zestimate® history
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    What's special

    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".

    Zillow last checked: 7 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#: 4994533MLS Logo

    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

    Price history

    DateEventPrice
    11/1/2024Sold$795,000-11.7%$355/sqft
    Source: PrimeMLS #4994533 Report a problem
    10/3/2024Contingent$899,900$402/sqft
    Source: PrimeMLS #4994533 Report a problem
    9/11/2024Listed for sale$899,900$402/sqft
    Source: PrimeMLS #4994533 Report a problem
    8/16/2024Listing removed$899,900$402/sqft
    Source: PrimeMLS #4994533 Report a problem
    7/30/2024Contingent$899,900$402/sqft
    Source: PrimeMLS #4994533 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,200 +33.2%$990,300 +81.1%
    2023$9,159 +5.7%$546,800
    2022$8,661 -0.6%$546,800

    Find assessor info on the county website

    Neighborhood: 03842

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hampton Centre School
    • Middle: Hampton Academy Junior HS
    • High: Winnacunnet High School
    • District: Hampton School District

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $831,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $831,000