1252 Franklin Pierce Highway , Barrington, NH 03825
Barrington, NH 03825
Description
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!
Details
| MLS# | 4984561 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 238 |
| Listing Provided By | RE/MAX Shoreline | Maria Shute |
Features
| SQ Feet | 4,216 |
|---|---|
| Story(s) | 2 |
| Zoning | Res |
| Acreage | 21.00 |
| Property View | Country Setting, Field, Pasture, |
Market Activity 03825
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Learn More About This Property
| State | NH |
|---|---|
| County | NH Strafford |
| City | Barrington |
| Zip Code | 03825 |
| Area | Strafford |
| Elementary School | Barrington Elementary |
| Middle School | Barrington Middle |
| High School | Oyster River High School |
| Listing VS Median (in 03825) | |
Price: $1,100,000 low | high Med: $649,000 SqFt: 4,216 low | high Med: 2,688 $ / SqFt: $261 low | high Med: $241 On Site: 238 low | high Med: 3.000000 | |