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11 Perkins Avenue, Hampton, NH 03842
$1,060,000
11 Perkins Avenue, Hampton, NH 03842View this property at 11 Perkins Avenue, Hampton, NH 03842
11 Perkins AvenueHamptonNH03842
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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!
Full Property Details
Full Property Details for 11 Perkins Ave
General
- Sold For: $1,060,000
- Taxes: $6,626 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4962083
- Added to Site: 290 day(s) ago
Rental Information
- Lease Terms: Unit1=Weekly, Unit2=Weekly, Unit3=Weekly, Unit4=Weekly, Unit5=Weekly, Unit6=Weekly, Unit7=Weekly,
Rooms
Bathrooms
- Total Bathrooms: 3
- 3/4 Bathrooms: 3
Exterior
- Color: White
Parking
- Parking: Parking Spaces 11 - 20
Location
- County: Rockingham
Heating & Cooling
- Cooling Type: None, Wall AC Units, Mini Split
- Heating Type: Baseboard, Electric, Mini Split
- Heating Fuel: Electric
- Water Heater: Electric, Gas
Utilities
- Sewer: Public Sewer On-Site
- Water: Public Water - On-Site
Structural Information
- Architectural Style: Multi-Family
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Wood Siding
- Basement Desc.: Crawlspace
- Roof: Other
- Stories/Levels: 2
- Finished Total: 3,592 Sq. Ft.
- Finished Above Grnd: 3,592 Sq. Ft.
- Year Built: 1955
Unit Information
- 1 Bedroom Units: 6
- 2 Bedroom Units: 1
Unit 1
- Unit Description: 2 Bedroom Apt.
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Unit Description: studio
- Includes/Amenities: Air Conditioner
- Bedrooms: 1
Unit 6
- Bedrooms: 1
Unit 7
- Total Rooms: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: Yes Road Frontage
- Frontage Feet: 65
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: RB
- Lot Description: Beach Access
Water Features
- Water Access: Yes
- Water Front Type: Ocean
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $320.16
- Assessment Year: 2022
- Assessment Amount: $418,300
- Tax Amount: $6,626
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Deed
- Block: 26
- Flood plain: Yes
Listed by RE/MAX 360/Lynn, Angela Hirtle
Sold by Four Points Real Estate, Todd. Wheatley
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Schools
Schools serving 11 Perkins Ave
School District:Hampton School District
Rating | Name | Grades | Distance |
---|---|---|---|
Hampton Centre School
53 Winnacunnet Rd, Hampton, NH 03842 | PK-2 | 2.4 mi | |
4 Marston Way, Hampton, NH 03842 | 3-5 | 2.5 mi | |
29 Academy Ave, Hampton, NH 03842 | 6-8 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 Perkins Ave
Date
Details
Price
Change
Source
11/14/2023
Sold
$1,060,000
-7.83%
MLS
7/19/2023
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11 Perkins Avenue, Hampton, NH 03842 (MLS# 4962083) is a Multi-Family property that was sold at $1,060,000 on November 14, 2023. Want to learn more about 11 Perkins Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hampton? You can browse all Hampton real estate or contact a Coldwell Banker agent to request more information.