1252 Franklin Pierce Highway
1252 Franklin Pierce Highway
Barrington, NH 03825
$1,200,000
Price
12
Beds
4
Baths
4,216 Sq. Ft.
$285 / Sq. Ft.
4,216
Sq. Ft.
$285
per Sq. Ft.
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...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!
- Listed by Maria Shute • RE/MAX Shoreline
Property Details for 1252 Franklin Pierce Highway
Parking
Parking Spaces 5 - 10
ZoningRes
Location
Listing Courtesy of RE/MAX Shoreline
Add your commute
LISTING UPDATED: 02/09/2024 05:15 PM
Property Details for 1252 Franklin Pierce Highway
| Status | Active |
|---|---|
| MLS # | 4984561 |
| Days on Market | 79 |
| Taxes | $8,884 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1962 |
| Lot Size | 21.50 AC / 936,540 SF |
| County | Strafford County |
Location
Listing Courtesy of RE/MAX Shoreline
Add your commute
Building Information for 1252 Franklin Pierce Highway
Stories2Residences4Year Built1962Building Size-Lot Size21.50 AC / 936,540 SF
Payment Calculator
$7,289 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,549
Property Taxes
$740
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1252 Franklin Pierce Highway
Summary
Location and General Information
- City: Barrington
- County: NH-Strafford
- Latitude: 43.220678545003324
- Longitude: -71.052283355819696
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Highway
- Map: 232
- Zip Code: 03825
Taxes and HOA Information
- Tax - Gross Amount: $8,884.00
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: Oyster River High School
- School - Elementary: Barrington Elementary
- School - Middle/Jr: Barrington Middle
Parking
- Garage: No
- Driveway: Gravel
Property
Lot Information
- Block: 000
- Footprint: 20x100, 12x18
- Lot: 19
- Lot - Sqft: 936540.0
- Lot Size Acres: 21.5
- Road Frontage Length: 1055.0
- Square Feet Apx Finished Above Grade: 4216.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 4216.0
- Square Feet Apx Total Finished: 4216.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
- Current Use: Yes
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Unknown
- Foundation: Slab - Concrete
- PreConstruction: No
- Surveyed: Yes
- Year Built: 1962
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Leach Field, Private, Septic
- Utilities: Cable
- Total Electric Meters: 4
- Separate Utilities: Yes
Interior and Exterior Features
Exterior Features
- Roads: Paved, Public
- Roof: Membrane, Shingle - Architectural
- Total Ranges: 4
Interior Features
- Basement: No
- Total Full Baths: 4
- Flooring: Carpet, Laminate, Tile, Vinyl
- Heat Fuel: Oil, Wood
- Heating: Hot Water, Stove - Wood
- Cooling: None
- Total Refrigerators: 4
- Total Rooms Above Ground: 21
- Total Stories: 2
- Total Water Heaters: 4
Multi Family
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 0
- Total 2 BR Units: 0
- Total 3+ BR Units: 4
- Total Heat Units: 3
Unit Information
Unit 1
- Unit 1 Style: Townhouse
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 3
- Unit 1 Lease Term: Month to Month
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Apx Sqft: 1000.0
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $1,200.00
- Unit 1 Tenant Pays: Electric, Heat, Hot Water
Unit 2
- Unit 2 Lease Term: Month to Month
- Unit 2 Style: Townhouse
- Unit 2 Baths: 1
- Unit 2 Rooms: 5
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 1000.0
- Unit 2 Bedrooms: 3
- Unit 2 Rental Amount: $1,200.00
- Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
- Unit 3 Lease Term: Month to Month
- Unit 3 Baths: 1
- Unit 3 Rooms: 5
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Style: Townhouse
- Unit 3 Apx Sqft: 1000.0
- Unit 3 Bedrooms: 3
- Unit 3 Rental Amount: $1,200.00
- Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
- Unit 4 Lease Term: Owner Occupied
- Unit 4 Style: Townhouse
- Unit 4 Rooms: 6
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 1216.0
- Unit 4 Bedrooms: 3
- Unit 4 Info: Stove - Wood
Rental
Rent Information
- Total Leases: 3
Property History for 1252 Franklin Pierce Highway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1252 Franklin Pierce Highway
Taxable ValueLand$91,951Additions$309,800Total$401,751
Tax Record2022$7,975 ($665 / month)
Home Facts
Baths4Total Finished SqFt3,327 SqFtAbove Grade Finished SqFt3,327 SqFtStories2Lot Size914,760 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962ZoningRURALCountySTRAFFORDAPNBRRN M:00232 B:000019 L:000000
Schools near 1252 Franklin Pierce Highway
This home is within Barrington School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 1 to 4 | |||
| Public - | 5 to 8 |
Rating | School | Distance |
|---|---|---|
Barrington Elementary School Public1 to 4 | ||
Barrington Middle School Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Barrington
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing 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 Site 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 04/28/2024 09:24 PM
