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Three-Unit Cottage Triplex
For Sale
$899,900

13 Ocean Boulevard, Hampton, NH 03842

Multi-Family, Hampton, NH

Property Size1,953 SF
Lot Size0.12 Acres
Price / SF$460.78
Days on Market181

Property Features for 13 Ocean Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BS
Rooms Basement
Lot features Sloping
Subdivision Hampton Beach
Standard status Active
Size 1,953 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9154

Utilities

Heating system Baseboard
Water source Public

Amenities

backyard
on-site parking

Building Details

Year built 1960
Floors in Building 2
Number of units 3
Building materials Wood Frame
Roof type Shingle
Architectural style Cottage
Listing Agency: McGuirk Properties, LLC
Listed By: Tom McGuirk
Added: Apr 8 Changed: Oct 4 Last Checked: Oct 5 at 4:06PM
MLS# 5082626

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,953-square-foot, three-unit cottage in Hampton has a separate residence on each of its three levels. The main-floor unit offers three bedrooms and one bath; the upper unit has one bedroom and one bath, while the lower-level unit includes two bedrooms and one bath. A full kitchen serves each residence. The property was built in 1960 and sits on a 0.12-acre lot with a backyard and on-site parking.

At 13 Ocean Boulevard, the property is zoned BS, identified as the Business Seasonal Zone. The sand and boardwalk are a short distance away. Public water serves the property.

Key Highlights

  • Three residences across three levels: 3‑bedroom, 1‑bedroom, and 2‑bedroom layouts
  • 1,953 square feet on a 0.12‑acre lot
  • Full kitchen in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,901
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,020 $658.0K
Cap Rate 7%
$470,014 $470.0K
Cap Rate 9%
$365,567 $365.6K
Market Conditions
NOI Build-Up for 1,953 SF
Gross rent
$49.2K $25.20/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$47.0K $24.07/SF
− OpEx
−$14.1K −$7.22/SF
NOI
$32.9K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,020
Cap Rate 7%
$470,014
Cap Rate 9%
$365,567

Alternative Uses

Best Use
Multifamily LT 5
$470.0K
$411.3K – $548.4K (±1% cap)
NOI $32,901 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$423.4K
$370.5K – $493.9K (±1% cap)
NOI $29,636 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$650.2K
$568.9K – $758.6K (±1% cap)
NOI $45,515 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

209
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Each residence has a full kitchen, with layouts distributed across three levels.
Where is this triplex located?
The property is located at 13 Ocean Boulevard Hampton, NH.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three residences across three levels: 3‑bedroom, 1‑bedroom, and 2‑bedroom layouts; 1,953 square feet on a 0.12‑acre lot; Full kitchen in each unit
More about this property
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