Multi-Family for Sale: 16 Riverview Terrace, Hampton, NH 03842 SOLD

6 beds
3 full baths
1,436 sqft
$850,000
$850,000
16 Riverview Terrace, Hampton, NH 03842 SOLD
6 beds
3 full baths
1,436 sqft
$850,000
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Selling Price: $850,000
Original List Price: $780,000
Sold at 109.0% of list price
Sold Date: 09/29/2023

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Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 1,436 sqft
Lot Size 0.07 acres
Year Built 1930
City Hampton
County Rockingham
MLS 4962496
Status Closed
DOM 8 days
A rare and unique investment opportunity is waiting for you at Hampton Beach! Close to beach, boardwalk, and restaurants. Three (3) 2 bedrooms, 1 bath cozy cottages located on the same lot. All three are year-round rentals. These adorable cottages have many updates including, new roof, bath, kitchen, flooring and mini split. Update list attached. All the work has been done for you. Nothing to do but enjoy the income. Gross annual income for 2022 $111,164.38. Current flood insurance premium is $1,653.00 a year. All cottages rented consistently through Airbnb. The property offers 2 driveways that fit 2 cars each. Selling fully furnished! End of September closing needed. Buyer and buyer's agent to perform own due diligence. Come tour our Crabby Shack, Seabreeze and Sandy Toes Cottages. You will fall in love. Open House Saturday, July 29th 1:00 to 2:00 pm showing Crabby Shack and Sandy Toes cottages.

Lot & Building Features

Utilities Cable
Cooling Mini Split, Wall AC Units
Heat Source Electric, None
Heating Electric, Mini Split, Hot Water, Heat Pump
Parking Description Driveway
Sewer Public
Tax Year 2022
Basement Description Crawl Space
Foundation Block
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Air Conditioner, Smoke Detector, Refrigerator, Range - Gas, Porch - Screened, Microwave, Hot Water, Heat, Furnished, Electric, Ceiling Fan, Appliances Included
Unit 1 Level Number 1
Unit 1 Rooms 4
Unit 1 Style Cottage
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Air Conditioner, Smoke Detector, Refrigerator, Range - Gas, Microwave, Hot Water, Heat, Furnished, Electric, Deck, Ceiling Fan, Appliances Included
Unit 2 Level Number 1
Unit 2 Rooms 4
Unit 2 Style Cottage
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Air Conditioner, Smoke Detector, Refrigerator, Range - Gas, Microwave, Hot Water, Heat, Furnished, Electric, Appliances Included
Unit 3 Level Number 1
Unit 3 Rooms 4
Unit 3 Style Cottage

Price History of 16 Riverview Terrace, Hampton, NH

Date Name Price Difference
07/23/2023 Listing Price $850,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 16 Riverview Terrace, Hampton, NH

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Photo of Emily Balkus
Emily Balkus
REALTOR®
Direct: 603-489-9875
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360
Listed by Coldwell Banker Realty Haverhill MA, Elizabeth Ford 978-372-8577
Sold by BHG Masiello Bedford, Daniel Beaudry
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Listing information courtesy of: Coldwell Banker Realty Haverhill MA

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 11/08/2024