Four-Unit Residential Income
531 Ocean Boulevard Hampton, NH 03842
531 Ocean Boulevard, Hampton, NH, 03842
$799,900
For Sale
$799,900
MULTI_FAMILY - Other - Hampton, NH
Property Size2,285 SF
Lot Size0.11 Acres
Price / SF$350.07
Days on Market48
Property Features for 531 Ocean Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- BS
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Basement
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Appliances
- Natural Gas Water Heater
- Standard status
- Active
- Size
- 2,285 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10241
Utilities
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate, Carpet
- Building materials
- Wood Frame, Aluminum Siding, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Carey Giampa, LLC/Rye
(603) 964-7000
655 Wallis Road., Rye, NH
Listed by
Lauren Stone
(603) 235-5887
Added: Jun 3 Checked: Jul 20 at 12:06 pm
MLS# 5092581
Listing URL
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 four-unit multi-family property consists of a flexible mix of two 1-bedroom units and two 2-bedroom units. The building includes washer and dryer hook-ups in two of the units. Select units also provide views, with glimpses of the Atlantic Ocean from the front and marsh views from the back, supporting a coastal living and rental appeal.
Located at 531 Ocean Boulevard in Hampton, NH, the property sits along Ocean Boulevard at the end of “the wall” at North Beach. It is described as within walking distance to the boardwalk, restaurants, entertainment, and seasonal attractions associated with Hampton Beach.
The unit mix may suit a range of tenants seeking either 1- or 2-bedroom accommodations. With the inclusion of washer and dryer hook-ups in two units and view potential on certain units, the property is positioned for both year-round and seasonal rental activity as described in the marketing remarks. Zoning is listed as BS, and the offering is for sale.
Located at 531 Ocean Boulevard in Hampton, NH, the property sits along Ocean Boulevard at the end of “the wall” at North Beach. It is described as within walking distance to the boardwalk, restaurants, entertainment, and seasonal attractions associated with Hampton Beach.
The unit mix may suit a range of tenants seeking either 1- or 2-bedroom accommodations. With the inclusion of washer and dryer hook-ups in two units and view potential on certain units, the property is positioned for both year-round and seasonal rental activity as described in the marketing remarks. Zoning is listed as BS, and the offering is for sale.
Key Highlights
- 4‑unit multi‑family at 531 Ocean Blvd with a mix of two 1‑bedroom units and two 2‑bedroom units
- Two units include washer and dryer hook‑ups
- Public water source; natural gas hot water/heating with natural gas water heater
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $25.20 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $55.0k | $24.07 |
| − OpEx | −$16.5k | −$7.22 |
| NOI | $38.5k | $16.85 |
2,285 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$549.9K
$481.2K – $641.6K
NOI $38,494 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$495.3K
$433.4K – $577.9K
NOI $34,674 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$760.7K
$665.7K – $887.5K
NOI $53,252 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multi-family with two 1-bed and two 2-bed layouts, plus select in-unit washer/dryer hook-ups.
Where is this quadplex located?
The property is located at 531 Ocean Boulevard Hampton, NH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 4‑unit multi‑family at 531 Ocean Blvd with a mix of two 1‑bedroom units and two 2‑bedroom units; Two units include washer and dryer hook‑ups; Public water source; natural gas hot water/heating with natural gas water heater
