$700,000
SOLD JUL 24, 2024

5 Swain Ct Hampton, NH 03842

4 Beds
5 Baths
2,593 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

3% Below List Price

7 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Baseboard Heating
  • Adeline C. Marston Elementary School Rated A-

About This Home

As of July 2024

Investment opportunity awaits at this impeccable multi-family property featuring 3 residential and 2 commercial units: (1) 2 bedroom and (2) 1 bedroom. Current rents are below market value, making this prospect ideal for investors looking to capitalize on incredible income potential. Located in Hampton Town Center, this property offers the perfect blend of convenience & leisure. With restaurants and shops at its doorstep, the beach & major commuter routes just moments away, it's a perfect location for tenants seeking a balanced lifestyle. Take advantage of owning in a beachside community without the risk of coastal flooding. The property also provides ample parking, 4 dedicated off-street spaces & additional free town lot access next door. Established tenancy in all units, current commercial spaces have successfully operated as salons for over 40 years, testifying to the location's exceptional business viability. Residential units offer comfortable living spaces that tenants will love to call home. Rest easy knowing that this property has been meticulously maintained. It features a brand-new roof with a transferable warranty for 9 years & has undergone electrical updates throughout, ensuring safety and modernization. The current rental certificate is valid for the next 10 years. Newer boiler too! Take advantage of this gem with a future filled with opportunity. Do not disturb tenants or businesses.

Last Agent to Sell the Property

Brooke Soucie

Bentley By the Sea

Last Buyer's Agent

Brooke Soucie

Bentley By the Sea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1939

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Basement

  • Connecting Stairway
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Block 25

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $14,950
  • Gross Income $68,400
  • Net Operating Income $53,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,767

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 269.96
  • Year Built: 1939
  • Remarks Public: Investment opportunity awaits at this impeccable multi-family property featuring 3 residential and 2 commercial units: (1) 2 bedroom and (2) 1 bedroom. Current rents are below market value, making this prospect ideal for investors looking to capitalize on incredible income potential. Located in Hampton Town Center, this property offers the perfect blend of convenience & leisure. With restaurants and shops at its doorstep, the beach & major commuter routes just moments away, it's a perfect location for tenants seeking a balanced lifestyle. Take advantage of owning in a beachside community without the risk of coastal flooding. The property also provides ample parking, 4 dedicated off-street spaces & additional free town lot access next door. Established tenancy in all units, current commercial spaces have successfully operated as salons for over 40 years, testifying to the location's exceptional business viability. Residential units offer comfortable living spaces that tenants will love to call home. Rest easy knowing that this property has been meticulously maintained. It features a brand-new roof with a transferable warranty for 9 years & has undergone electrical updates throughout, ensuring safety and modernization. The current rental certificate is valid for the next 10 years. Newer boiler too! Take advantage of this gem with a future filled with opportunity. Do not disturb tenants or businesses.
  • List Agent: 13473
  • Architectural Style: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Flooring: Combination
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior
  • Sq Ft - Apx Finished AG: 2593
  • Sq Ft - Apx Unfinished BG: 750

Exterior Features

  • Driveway: Paved
  • Foundation: Block
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck
  • Construction Type: Vinyl Siding

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable - Available
  • Water Source: Public

Lot Info

  • Map: 160
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Surveyed: Unknown
  • Zoning: TC-H
  • Deed Book: 6392
  • Deed Page: 2361
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 68400
  • Net Income: 53450
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5767
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/24/2024 07/24/24 Sold $700,000 0.0% $270 / Sq Ft
07/06/2024 07/06/24 Off Market $700,000 -- --
06/06/2024 06/06/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $725,000 +31.8% $280 / Sq Ft
03/21/2022 03/21/22 Sold $550,000 +10.0% $212 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $499,900 -- $193 / 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
2024 $6,884 $558,800 $330,900 $227,900
2023 $5,767 $344,300 $161,800 $182,500
2022 $5,454 $344,300 $161,800 $182,500
2021 $5,454 $344,300 $161,800 $182,500
2020 $5,397 $338,800 $161,800 $177,000
2019 $5,424 $338,800 $161,800 $177,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 Stand Alone Refi Refinance Of Original Loan
Closed $500,000 Purchase Money Mortgage
Previous Owner $297,000 Unknown
Previous Owner $176,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $700,000 None Available
Warranty Deed $700,000 None Available
Deed -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 4998039

PrimeMLS

APN: HMPT M:160 B:25