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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$4,500,000

MLS# 5016442
5333 sq.ft. Bedroom | 0 Bathroom
Multi Family
32 Cable Road Rye NH
on Atlantic Ocean 		 
$4,500,000 | $844 per sq.ft. | MLS# 5016442 A 6  Unit Multi Family Home, 32 Cable Road Rye NH With 3 - One Bedroom Units | 3 - Two Bedroom Units

Description:
Welcome to the grandest of all the properties on Cable Road in Rye, "Philbricks by the Sea" This is a first time offering of this extraordinary mutli-family property steps to sandy Jenness Beach. Consisting of the majestic main home, featuring three townhouse style apartments, and three adorable beach cottages on nearly 2 acres of land in the heart of the finest neighborhood in Rye. The renovations done were complete, thorough and tasteful in the Main building. The wrap around porch reminds one of yesteryear as the world goes by. The cottages were built ten years ago as ground up new construction. They include complete touch free exteriors, and full size brick wood burning fireplaces. The parking for all six luxury beach homes is plentiful with two specific parking spaces per unit and some guest space as well! Each home has a private little area to enjoy the breezes and sounds of the ocean. Enjoy the green space as the irrigated lawn is manicured and exceptional. Plenty of room for family and friends to gather with shade and privacy. Although current rents are not reflective of market rents in the area, the rental potential at this special piece of Rye is tremendous along with the potential use for family compound or condo conversion. We encourage qualified parties to inquire and view this once in a lifetime opportunity. Appliances : Water Heater – Domestic | Water Heater – Electric | Water Heater – Off Boiler | Water Heater – Oil

Annual Expenses
Taxes: $13,108 		    Income
UNIT 1 INFORMATION

Beds: 2
Baths: 3
Rooms: 0
Sq.Ft.: 1510
Level: 3 Stories
Info : Heat - Oil,Porch
Tenant Pays : All Utilities,Cooling,Electric,Heat,Hot Water
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 2
Baths: 3
Rooms: 0
Level: 3 Stories
Style : Townhome, Waterview
Info : Heat - Oil,Porch
Lease Term : Annual
Status : Leased
UNIT 3 INFORMATION

Beds: 2
Baths: 2
Level: 2 Stories
Style : Has Balcony w/ Waterview
Info : Heat - Oil
UNIT 4 INFORMATION

Beds: 1
Baths: 1
Sq.Ft.: 576
Level: 1
Style : Cottage
Info : Fireplace - Wood
UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 528
Level: 1
Style : Cottage
Info : Fireplace - Wood
UNIT 6 INFORMATION

Beds: 1
Baths: 1
Sq.Ft.: 528
Level: 1
Style : Cottage
Info : Fireplace - Wood

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 843.80 | Year Built: 1910
 LAND DESCRIPTION: LOT DESCRIPTION: Country Setting | Landscaped | Water View | Wooded
Avail.Sq.Ft.: 6
Livable Space: 5333
Above Grade Sq.Ft.: 5333
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Oil | Baseboard | Electric | Forced Air | Furnace - Wood/Oil Combo
Cooling: None
Electric: 100 Amp | 200 Amp
Style: Multi-Family
Roof: Shingle
Water: Public
Sewer: Public
Lot size: 1.92 acres
Zoned: GRES
Surveyed: Yes
Flood Zone: No
Seasonal: No
Garage And Parking: Assigned | Parking Spaces 11 - 20 | Parking Spaces 2
Roads: Paved | Private Road
Road Frontage: 114
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $13,108  | Assesed Value $0 in
SCHOOLS
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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