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Three Detached Cottages Income Compound
For Sale
$1,200,000

16 Riverview Terrace, Hampton, NH 03842

Compound includes three rebuilt, fully furnished two-bedroom cottages on a single lot.

Property Size1,836 SF
Price / SF$653.59
Days on Market9

Property Features for 16 Riverview Terrace

General Information

Standard status Active
Size 1,836 SF
Property subtype Multi Family Home

Additional Details

Furnished Yes
Multifamily Units 3

Amenities

ductless mini-split systems
tile showers

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: Coldwell Banker Realty Nashua
Listed By: Jack Garber
Source: Threehillsres
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 1 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty Nashua

Investment Insights

Based on property information with market context.

This for-sale income compound features three detached cottages on a single lot, each described as rebuilt from the ground up, inside and out. The structures have been elevated on new foundations raised well above flood level. Inside, the cottages include ductless mini-split systems, sleek tile showers, and updated finishes throughout. Each cottage is a two-bedroom, one-bath configuration and is offered fully furnished and turn-key for immediate short-term rental operations, with its own individualized style and decor.

Located in Hampton, NH at 16 Riverview Terrace, the property is described as a coastal option just minutes from the beach. The single-lot setup provides the privacy of separate homes while maintaining the convenience of one ownership structure.

Whether used together or separately, the property presents a straightforward multi-unit configuration with modern upgrades across all three cottages.

Key Highlights

  • Compound on one lot includes three detached two‑bedroom, one‑bath cottages.
  • All three cottages were rebuilt from the ground up, inside and out.
  • Each cottage is fully furnished and set up for short‑term rental use.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

Demographics for 03842, NH

16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Compound includes three rebuilt, fully furnished two-bedroom cottages on a single lot.
Where is this short term rental property located?
The property is located at 16 Riverview Terrace Hampton, NH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Compound on one lot includes three detached two‑bedroom, one‑bath cottages.; All three cottages were rebuilt from the ground up, inside and out.; Each cottage is fully furnished and set up for short‑term rental use.
More about this property
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