List Price: $699,000 | $356 per sq.ft. Multi Family
Price Change! Reduced by $50,000 down 7% on October 11th 2024
A 5 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Jul 10, 2024 | MLS# 5004374



Address: 43 - 45 Island Path Hampton NH
Listed by Brooke Soucie Bentley By the Sea
Description:
Introducing a fantastic investment opportunity blocks from the beach and boardwalk. This cottage-style property is comprised of five units within four cottages. The units consist of 1 two bedroom, 1 one + bedroom, 2 one bedrooms, and one studio. This property is conveniently located with ease of access to commuter routes. All units have separate gas/electric meters. One + parking space per unit with the town lot next door. The property is being sold as is. Year-round tenants currently occupy all units. Do not disturb tenants. Operating Expenses : Insurance,Other,Snow Removal,Utilities,Water
Annual Expenses

Taxes: $6,807
Income
Gross Income | $72,900
NetIncome | $56,866

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 3
Sq.Ft.: 478
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Month to Month

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 309
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Signed Lease : No
Status : Vacant

UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Sq.Ft.: 309
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 594
Info : Appliances Included
Tenant Pays : Electric,Heat,Hot Water
Rent : 1400.00 Monthly
Lease Term : Annual
Signed Lease : Yes

Construction: Vinyl Siding
Year Built: 1930
Style: Multi-Family
Floors | Stories: 1
No. Elevators:
Total Sq.Ft. Finished: 1962
Above Grade Sq.Ft.: 1962
Foundation: Block
Roof: Shingle
Seasonal: No
Heating: Natural Gas | Hot Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - At Site | Gas - On-Site
Electric Meters: 5
Gas_Meters: 5
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.19 acres
Zoned: RB)
Surveyed: Yes
Flood Zone: Yes
Roads: Public
Driveway: Crushed Stone
Additional Information
Block - 75
Taxes $6,807
Assesed Value Not Reported
Schools

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