Multi-Family for Sale: 1252 Franklin Pierce Highway, Barrington, NH 03825

12 beds
4 full baths
4,216 sqft
$1,100,000
$1,100,000
1252 Franklin Pierce Highway, Barrington, NH 03825
12 beds
4 full baths
4,216 sqft
$1,100,000
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Price:
$1,100,000
$100,000 - 06/10/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Townhouse
Beds 12
Total Baths 4 full baths
Square Feet 4,216 sqft
Lot Size 21.50 acres
Year Built 1962
Taxes Paid $8,884
City Barrington
County Strafford
MLS 4984561
Status Active
DOM 211 days
Listed by RE/MAX Shoreline, Maria Shute
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!

Lot & Building Features

Appliances Water Heater – Electric
Utilities Cable
Construction Vinyl Exterior, Wood Frame
Cooling None
Heat Source Oil, Wood
Heating Hot Water, Stove - Wood
Parking Description Parking Spaces 5 - 10
Sewer Leach Field, Septic, Private
Tax Year 2024
Taxes Paid $8,884
Water Dug Well, Private
Foundation Slab - Concrete
Lot Description Country Setting, Wooded, Sloping, Open, Level, Field/Pasture
Roof Membrane, Shingle - Architectural
Garage No

Community and Schools

Elementary School Barrington Elementary
Junior High School Barrington Middle
Senior High School Oyster River High School

Unit Features

Unit 1 Apx Sqft 1000
Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Lease Term Month to Month
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1200.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Style Townhouse
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Apx Sqft 1000
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Lease Term Month to Month
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1200.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 5
Unit 2 Style Townhouse
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Apx Sqft 1000
Unit 3 Baths 1
Unit 3 Bedrooms 3
Unit 3 Lease Term Month to Month
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1200.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 5
Unit 3 Style Townhouse
Unit 3 Tenant Pays Electric, Hot Water, Heat
Unit 4 Apx Sqft 1216
Unit 4 Baths 1
Unit 4 Bedrooms 3
Unit 4 Info Stove - Wood
Unit 4 Lease Term Owner Occupied
Unit 4 Rental Agreement No
Unit 4 Rooms 6
Unit 4 Style Townhouse

Price History of 1252 Franklin Pierce Highway, Barrington, NH

Date Name Price Difference
06/10/2024 Price Adjustment $1,100,000 8.33%
02/09/2024 Listing Price $1,200,000 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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1252 Franklin Pierce Highway (MLS #4984561) is a multi-family listing located in Barrington, NH. This multi-family listing is 4,216 sqft and on a lot of 936,540 sqft (or 21.50 acres) with 12 bedrooms, 4 baths and is 62 years old. This property was listed on 02/09/2024 and has been priced for sale at $1,100,000.

Nearby zip codes are 03815, 03825 6119, 03825 7299, 03839 and 03884. This property neighbors other cities such as Lee, Madbury, Nottingham, Rochester and Strafford.

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Shoreline

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 09/07/2024