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Listed by Maria Shute of RE/MAX Shoreline
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 currently well 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, cleared 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. The time to act is now!

More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1962
  • Building ConstructionWood Frame
  • StyleTownhouse
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 StyleTownhouse
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 StyleTownhouse
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 StyleTownhouse
  • Unit 4 Total Rooms6
  • # of 3+ Bedrooms4
  • Bathroom4
  • Total Baths4
  • FoundationSlab - Concrete

Basic Information

  • StatusACT
  • List Price$1,200,000
  • Date Price Change02/09/2024
  • MLS Number4984561
  • MLS StatusActive

Property

  • Acreage21.5
  • Parking Spaces
  • Lot Description
    • Country Setting
    • Field/Pasture
    • Level
    • Open
    • Sloping
    • Wooded
  • Lot19
  • Square Feet4,216
  • APX Fin AG Sqft4,216
  • Road Frontage1055
  • RoadsPaved, Public

Amenities

  • PricePerSqFt284.63

Other

  • Taxes$8,884
  • Seasonal Y/NNo
  • Foot Print Dim20x100,12x18
  • Date Listed02/09/2024
  • Unit 1 Deposit$1,200
  • Unit 2 Rent Amount$1,200
  • Unit 3 Rent Amount$1,200
  • View Count1

Location

  • TownBarrington
  • StateNH
  • Zip03825
  • CountyStrafford
  • ZoningRes
  • Elementary SchoolBarrington Elementary
  • Junior HighBarrington Middle
  • High SchoolOyster River High School
  • Flood Zone Y/NUnknown

Interior

  • FloorsCarpet, Laminate, Tile, Vinyl

Exterior

  • ExteriorVinyl
  • RoofMembrane, Shingle - Architectural

Utilities

  • Heat FuelOil, Wood
  • Heat SystemHot Water, Stove - Wood
  • WaterDug Well, Private
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerLeach Field, Private, Septic
  • UtilitiesCable

Map Location

Driving Directions

Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 29, 2024 6:10 PM EDT

 

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