1252 Franklin Pierce Highway

Barrington, NH 03825

About this property

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!

Features and Additional Information

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$1,200,000 Active
4,216 SQFT

Presented By H-K Realty

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RE/MAX Shoreline
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Area Information

Strafford | NH Strafford County |

$ 1,200,000
This listing is play_arrow 123.3% higher than the average in the area
$ 537,500 in the area
4,216 SqFt
This listing is play_arrow 87.8% larger than the average in the area
2,245 SqFt in the area
$ 285 $/SqFt
This listing is play_arrow 16.0% more than the average in the area
$ 245 $/SqFt in the area
67 days on site
This listing is play_arrow 63.4% above the average in the area
41 days on site in the area

Schools in the Area

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    Elementary School
    Barrington Elementary
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    Middle School
    Barrington Middle
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    High School
    Oyster River High School
Listed By Maria Shute
Brokerage: RE/MAX Shoreline

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