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1252 Franklin Pierce Highway
Barrington, NH 03825
Residential Multi Family (Other)
21.5 Acres
4216 Sqft Living Area
12 Bedrooms
4 Bathrooms (4 Full, 0 Half)
Year Built: 1962
$1,100,000
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Property Description
PRICE ADJUSTMENT Welcome to 1252 Franklin Pierce Highway a unique investment opportunity! Nestled toward the rear of 21.5 sprawling acres of prime real estate, this 4-unit (all 3-bedrooms) townhouse style multifamily property offers a lifestyle of serenity and potential. With rents below market value and a roster of long-time tenants, this gem offers immediate stability with room to maximize returns. This property isn't just about the present; it's about unlocking the future. A surveyor's concept subdivision plan reveals the tantalizing prospect of five additional house lots in the front, open field portion of the property, presenting an unparalleled chance for expansion and increased revenue streams. Whether you're an astute investor seeking to capitalize on the existing income stream and add to it with the construction of additional rental units, or a visionary developer or home builder looking to unlock the full potential of this developable land, this offering is tailor-made for those with an eye for opportunity and a penchant for success. Several outbuildings that currently serve a separate business operated by the owner will transfer, including a 2-room mobile office and a domed truck shed w/ Phase 3 electricity service. Business does not convey. Seize the moment with this exceptional property!
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Contact Details
Name: Maria Shute
Email: maria@shuterealty.com
MLS Listing Id: 4984561
Agent Phone: (603) 498-8460
List Agent License:
Office Name: RE/MAX Shoreline
Office Phone: (603) 431-1111
Office MLS Id: 4359-0
Listing Status: Active
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.