1252 Franklin Pierce Highway, Barrington, NH - 4Units - $1,100,000

1252 Franklin Pierce Highway, Barrington, NH

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Price: $1,100,000 Status: Active
Taxes: $8,884 Lot Size 21.5

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!

Listed by Maria Shute of RE/MAX Shoreline.

Property Features

Property Information

MLS # 
4984561 
Number of Units 

Additional Features

Basement 
No 
Electric 
Circuit Breaker(s) 
Finished Sq Ft 
4216 
Footprint 
20x100, 12x18 
Foundation 
Slab - Concrete 
Garage 
No 
Heat/Fuel 
Oil, Wood 
Road Frontage 
Yes 
Roads 
Paved, Public 
Roof 
Membrane, Shingle - Architectural 
Sewer 
Leach Field, Private, Septic 
Total Units 

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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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/7/2024 3:00:35 AM