List Price: $2,995,000 | $308 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units on Mill Pond
Date Listed Monday Sep 16, 2024 | MLS# 5014561
Address: 132 Portsmouth Avenue Stratham NH
Listed by Nancy Kingston KW Coastal and Lakes & Mountains Realty/Exeter
Description:
Own a Piece of History - 1700's Samuel Lane Property For Sale! This extraordinary 5.22-acre estate, nestled on the picturesque Stratham Circle near Mill Pond, offers a rare opportunity to own a historic piece of New England charm. Featuring four unique buildings, this income-generating property is perfect for history lovers, investors,or those seeking a distinctive home with character and potential. Main House: The grand Samuel Lane House spans 3,348 sq/ft and boasts 12 rooms, including 4 bedrooms and 2 1/2 bathrooms. A timeless gem filled w original details, it provides ample living space and endless possibilities. The Tannery: This charming building features 4 rooms, 1 bedroom, and 1 bath - perfect for guests or as a rental unit. The Cobble House: A quaint cottage with 4 rooms, 1 bedroom, and 1 bath, ideal for additional rental income or cozy living quarters. The Collector's Eye Antique Shop: A thriving business with a strong rental history, adding significant value to the property. Additionally, the Barn, home to a successful cooperative with 30+ dealers, offers great income potential. Additional building on Pond is used for storage. Located just minutes from Routes 101 & 95, shopping, and dining, this historic estate is a once-in-a-lifetime opportunity. Whether you're looking for a family estate, a rental property, or a business venture, the Samuel Lane Property is a versatile treasure waiting for its next chapter. Don't miss your chance to own this exceptional property!
Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Snow Removal,Utilities
Annual Expenses
Taxes: $19,170
Income
Gross Income | $239,100
NetIncome | $177,816
Appliances : Water Heater – Electric | Water Heater–Gas–LP/Bttle | Water Heater – Owned | Water Heater – Separate
Construction: Wood Frame | Wood Siding
Year Built: 1800
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 11405
Above Grade Sq.Ft.: 9731
Basement: Full | Unfinished
Foundation: Fieldstone | Granite
Exterior Features:
Barn | Building | Deck | Fence - Partial | Garden Space | Gazebo | Natural Shade | Outbuilding | Porch - Covered | Shed | Storage
Exterior Color: Blue
Roof: Shingle - Architectural
Garage And Parking: Driveway | On-Site | Paved | Unpaved
Seasonal: No
Heating: Oil | Electric | Hot Air | Hot Water | Radiator | Mini Split
Cooling: Mini Split
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 4
Gas_Meters: 0
Water: Drilled Well | Private
Sewer: Private | Septic
Land Information
Country Setting | Landscaped | Major Road Frontage | Pond | Rental Complex | Wetlands | Wooded | Near Country Club | Near Golf Course | Near Shopping | Near Public Transportatn | Near Railroad | Near Hospital
Lot size: 5.22 acres
Zoned: Town Center)
Surveyed: No
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 1830
Driveway: Common/Shared | Gravel | Paved