
Hampton, NH11 Perkins Avenue
Price$1,150,000
Est. Mortgage: $/month
MLS Number 4962083
- Multifamily
- Units 7
- Bathroom 7
- Square Feet 3,592
- Acreage 0.19
This CASH COW is being presented to the market as the current owner is retiring! Pulling an astounding 11%+ cap rate, you have nothing to do but start investing and collecting. The property consists of two buildings on one large lot. The front building is made up of 4 units: three 1-bedroom units, and one 2-bedroom unit. the back building features 3 studio apartments, side by side. There is a history of long-term tenants, but this property could also be used for short term rentals or possible development (buyer to perform due diligence). The large lot can strategically fit more the 20 cars. Don't miss out on this one, passive income flow awaits whether you are starting your portfolio or adding to it!
Listed by Angela Hirtle of RE/MAX 360