Three-Unit Coastal Multifamily
6 Francis Street Hampton, NH 03842
For Sale
$975,000
Triplex with one currently vacant 1-bedroom unit and two MTM units near Hampton Beach and the boardwalk.
Property Size3,022 SF
Price / SF$322.63
Days on Market69
Property Features for 6 Francis Street
General Information
Standard status
Active
Size
3,022 SF
Property subtype
Multi-family
Building Details
Year Built
1920
Listing Agency:
OwnerEntry.com
Listed By:
Dave White
(603) 352-5533
Source:
Hgjohnsonrealestate
Added: May 23
Changed: Jul 28
Last Checked: Jul 29 at 4:50PM
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 OwnerEntry.com
Investment Insights
Based on property information with market context.
This three-unit multifamily property offers a mix of layouts, including one 1-bedroom unit that is currently vacant and two additional units with 2-bedroom and 3-bedroom layouts. The 2-bedroom and 3-bedroom units are described as active month-to-month (MTM) tenancies.
The property is located on Francis Street in Hampton, NH, with the seller’s remarks highlighting its proximity to Hampton Beach, the sand and boardwalk, and Ashworth Ave.
Held by the same owner since 2008, the building is presented as an income-producing triplex with flexible options tied to seasonal demand, including the ability to bring the vacant 1-bedroom unit back online when desired.
The property is located on Francis Street in Hampton, NH, with the seller’s remarks highlighting its proximity to Hampton Beach, the sand and boardwalk, and Ashworth Ave.
Held by the same owner since 2008, the building is presented as an income-producing triplex with flexible options tied to seasonal demand, including the ability to bring the vacant 1-bedroom unit back online when desired.
Key Highlights
- 3‑unit multi‑family property built in 1920 at 6 Francis Street
- Triplex includes one currently vacant 1‑bedroom unit and two MTM units
- 1‑bedroom unit includes a reliable, recurring seasonal winter tenant and can reactivate in October
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 | $76.2k | $25.20 |
| − Vacancy | −$3.4k | −$1.13 |
| EGI | $72.7k | $24.07 |
| − OpEx | −$21.8k | −$7.22 |
| NOI | $50.9k | $16.85 |
3,022 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$727.3K
$636.4K – $848.5K
NOI $50,909 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$655.1K
$573.2K – $764.3K
NOI $45,858 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.01M
$880.4K – $1.17M
NOI $70,428 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Triplex with one currently vacant 1-bedroom unit and two MTM units near Hampton Beach and the boardwalk.
Where is this triplex located?
The property is located at 6 Francis Street Hampton, NH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3‑unit multi‑family property built in 1920 at 6 Francis Street; Triplex includes one currently vacant 1‑bedroom unit and two MTM units; 1‑bedroom unit includes a reliable, recurring seasonal winter tenant and can reactivate in October
