$1,200,000 $6,442 est/mo Sourced by Back At You

1252 Franklin Pierce Highway,Barrington, NH 03825

Barrington NH, 03825

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Description

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!

Details

MLS#4984561
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site110
Listing Provided ByRE/MAX Shoreline | Maria Shute

Features

SQ Feet4,216
Story(s)2
ZoningRes
Acreage21.00
Property ViewCountry Setting, Field, Pasture,

Market Activity 03825



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Learn More About This Property

StateNH
CountyNH Strafford
CityBarrington
Zip Code03825
AreaStrafford
Elementary SchoolBarrington Elementary
Middle SchoolBarrington Middle
High SchoolOyster River High School
Listing VS Median (in 03825)
Price:
$1,200,000
low | high
Med:
$710,000
90.833375% of Average
SqFt:
4,216
low | high
Med:
3,055
77.537950664137% of Average
$ / SqFt:
$285
low | high
Med:
$234
67.765911887337% of Average
On Site:
110
low | high
Med:
381.500000
28.833551769332% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 1:00:26 PM PDT