$1,200,000
1252 Franklin Pierce Highway
Barrington
Listing Courtesy of
Maria Shute
RE/MAX Shoreline - 603-431-1111
1252 Franklin Pierce Highway, Barrington NH 03825
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!
Listing Courtesy of
Maria Shute
RE/MAX Shoreline - 603-431-1111
DETAILS
- Listing Id4984561
- StatusActive
- TypeMulti-Family
- StyleTownhouse
- Year Built1962
- BasementNo
- ConstructionWood Frame
- Construction StatusExisting
- CoolingNone
- DrivewayGravel
- ElectricCircuit Breaker(s)
- ExteriorVinyl
- Flood ZoneUnknown
- FlooringCarpet, Laminate, Tile, Vinyl
- FoundationSlab - Concrete
- GarageNo
- Heat FuelOil,Wood
- HeatingHot Water,Stove - Wood
- Lot DescriptionCountry Setting, Field/Pasture, Level, Open, Sloping, Wooded
- Pre-ConstructionNo
- Road FrontageYes
- Road Frontage Length1055
- RoadsPaved, Public
- RoofMembrane, Shingle - Architectural
- School ElementaryBarrington Elementary
- School HighOyster River High School
- School Middle JrBarrington Middle
- SewerLeach Field,Private,Septic
- Total Stories2
- UtilitiesCable
- WaterDug Well, Private
- Water HeaterElectric
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