Rye NH Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
5,333
Status:
Active
Beds:
n/a
Lot size:
1.92 Acres
Year built:
1910
Baths:
MLS#:
5016442

ADDITIONAL INFORMATION

Welcome to the grandest of all the properties on Cable Road in Rye, "Philbricks by the Sea" This is a first time offering of this extraordinary mutli-family property steps to sandy Jenness Beach. Consisting of the majestic main home, featuring three townhouse style apartments, and three adorable beach cottages on nearly 2 acres of land in the heart of the finest neighborhood in Rye. The renovations done were complete, thorough and tasteful in the Main building. The wrap around porch reminds one of yesteryear as the world goes by. The cottages were built ten years ago as ground up new construction. They include complete touch free exteriors, and full size brick wood burning fireplaces. The parking for all six luxury beach homes is plentiful with two specific parking spaces per unit and some guest space as well! Each home has a private little area to enjoy the breezes and sounds of the ocean. Enjoy the green space as the irrigated lawn is manicured and exceptional. Plenty of room for family and friends to gather with shade and privacy. Although current rents are not reflective of market rents in the area, the rental potential at this special piece of Rye is tremendous along with the potential use for family compound or condo conversion. We encourage qualified parties to inquire and view this once in a lifetime opportunity.

Type:
Multi-Family
Sq.Ft.:
2,210
Status:
Active
Beds:
n/a
Lot size:
0.83 Acres
Year built:
1954
Baths:
3.00
MLS#:
5019249

ADDITIONAL INFORMATION

Welcome to the beautiful Town of Rye. This is a unique opportunity and difficult to find, single family one level home with an attached ADU. This property consists of a 3 bd, 1 ba ranch with a kitchen, dining room, and large fireplace living room with hardwood flooring running through out. Connected through the one car garage is another ranch style dwelling offering 2 bd, 2 ba, open living/dining, and separate kitchen, this was added approximately in 2003 according to approved plans and offers central AC. Both spaces offer a deck and a full basement. Each living space has separate utilities, it's own private septic, and Town Water. This property sits on a large, level .83 acres, just 1.5 miles to Jenness Beach and about 6 miles to Downtown Portsmouth. Lots of possibilities with this single level property for extended family, an in-law situation, or extra income to help with the mortgage.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



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Rye Real Estate

The median home value in Rye, NH is $1,180,000. This is higher than the county median home value of $492,900. The national median home value is $338,100. The average price of homes sold in Rye, NH is $1,180,000. Approximately 69.84% of Rye homes are owned, compared to 16.59% rented, while 13.57% are vacant. Rye real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rye real estate agent to arrange a tour today!

Rye, New Hampshire has a population of 5,511. Rye is less family-centric than the surrounding county with 29.43% of the households containing married families with children. The county average for households married with children is 30.7%.

The median household income in Rye, New Hampshire is $116,332. The median household income for the surrounding county is $101,683 compared to the national median of $69,021. The median age of people living in Rye is 55.9 years.

Rye Weather

The average high temperature in July is 81.9 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 50.1 inches per year, with 56 inches of snow per year.

Rye Real Estate Market Conditions

  • Median sales price

    $1,180,000
    16.55% change since last quarter
  • # Active listings

    37
    30-day change

Rye Schools and Demographics

Education near Rye, NH

Metric City County
High School Graduates 96.88 95.52
College Degree - 2 year 7.22 9.97
College Degree - 4 year 62.74 42.82
Graduate Degree 14.37 12.22
Expenditures per Student 22,056 22,056
Students per Teacher 11.7 11.7

Elementary Schools near Rye, NH

School Grades Students P/T Ratio ZIP
Greenland Central School KG - 08 398 13.1 03840
Little Harbour School KG - 05 477 12.4 03801
Mary C. Dondero Elementary School KG - 05 303 10.1 03801
Maude H. Trefethen School KG - 06 39 5.8 03854
New Franklin School KG - 05 264 10.4 03801
Newington Public School KG - 06 38 6.8 03801
North Hampton School PK - 08 434 10.6 03862
Peep School - Pre School Program PK - PK 17 5.3 03801
Rye Elementary School KG - 05 287 10.8 03870

Middle Schools near Rye, NH

School Grades Students P/T Ratio ZIP
Portsmouth Middle School 06 - 08 536 10.4 03801
Rye Junior High School 06 - 08 175 9.4 03870

High Schools near Rye, NH

School Grades Students P/T Ratio ZIP
Portsmouth High School 09 - 12 1,077 12.5 03801

Demographics near Rye, NH

Metric City County
Neighborhood Type Small town
Population 5,511 312,771
Population Density 437 450
Median Age 55.9 44.6
People per Household 2.3 2.5
Median Household Income 116,332 101,683
Average Income per Capita 86,232 51,627