$1,600,000
SOLD MAY 14, 2025

2 Island Path Hampton, NH 03842

14 Beds
5 Baths
2,851 Sq Ft
0.25 Acres

Recently Sold

$561 Per Sq Ft

16% Below List Price

49 Days on Market

Highlights

  • 0.25 Acre Lot
  • Cottage
  • Level Lot
  • Adeline C. Marston Elementary School Rated A-
  • High Speed Internet

About This Home

As of May 2025

Welcome to your dream investment opportunity at this unique multi-family property near scenic Hampton Beach. Featuring five detached seasonal cottages, each boasting its own beach charm. This listing is primed for those looking to step into the rental market or expand their portfolio.
Nestled in a vibrant community, this property includes four 3-bedroom units and one 2-bedroom unit. Each unit provides two parking spots, eliminating the usual seaside scramble for parking spaces.
Recently, two of the cottages received new roofs, and most appliances have been updated, blending modern conveniences with quaint architectural styles. The 2024 exterior paint refresh promises to enhance curb appeal. Situated mere steps from Hampton Beach and all of it's shopping, dining and entertainment options including the Sea Shell Stage as well as the lively Casino Ballroom, This is a highly desirable location for seasonal renters or vacationers. A pending approval for condominium conversion suggests an exciting potential for future growth and adaptation, making now an ideal time to dive into this lucrative investment.
With a stellar rental history, this property is not just a purchase but an enduring legacy at one of Hampton's most beloved locales. Don't miss out on reaping the rewards of Seacoast charm paired with rental income potential!

Last Agent to Sell the Property

Lauren Stone

Carey Giampa, LLC/Rye Brokerage Phone: 603-944-1368 License #008699 Listed on: 03/25/2025

Carey Giampa, LLC/Rye

Last Buyer's Agent

Doreen Soares

RE/MAX Realty One License #073310

RE/MAX Realty One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,767

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,851 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 5 Bathrooms

Location

  • Flood Zone Lot

Schools

  • Adeline C. Marston Elementary School
  • Hampton Academy Junior High School
  • Winnacunnet High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Block 26
  • Assessor Parcel Number 282

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,767

Year Built

Built in 1930

Lot Details

0.25 Acres

Listing Details

  • Directions: Ocean Boulevard to Ashworth Avenue to Island Path
  • Seasonal: Yes
  • Property Type: Residential Income
  • Year Built: 1930
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Cottage/Camp
  • ResoLotFeatures: Level
  • Road Frontage Type: Public
  • Attribution Contact: Cell: 603-944-1368
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2851.0
  • Unit Levels: One
  • ResoPropertyCondition: Existing
  • Flood_Zone: Yes
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2851
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 2851
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 14
  • Basement YN: No

Exterior Features

  • Driveway: Common/Shared
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame
  • Foundation Details: Post/Piers

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Wall Units
  • Cooling: None
  • Utilities: Other
  • Water Source: Public

Schools

  • Elementary School: Adeline C. Marston School
  • High School: Winnacunnet High School
  • Middle Or Junior School: Hampton Academy Junior HS

Lot Info

  • Surveyed: Unknown
  • Zoning: BS
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11767.0
  • Tax Block: 26
  • Tax Lot: 0
  • Tax Map Number: 282

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $1,600,000 -15.6% $561 / Sq Ft
04/12/2025 04/12/25 Off Market $1,895,000 -- --
03/25/2025 03/25/25 For Sale $1,895,000 -- $665 / Sq Ft
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,273 $915,000 $517,400 $397,600
2024 $11,273 $915,000 $517,400 $397,600
2023 $8,762 $523,100 $252,900 $270,200
2022 $8,286 $523,100 $252,900 $270,200
2021 $8,286 $523,100 $252,900 $270,200
2020 $8,333 $523,100 $252,900 $270,200
2019 $8,375 $523,100 $252,900 $270,200
2018 $8,643 $507,800 $230,000 $277,800
2017 $8,313 $507,800 $230,000 $277,800
2016 $8,165 $507,800 $230,000 $277,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5033435

PrimeMLS
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