A rare offering in bucolic Rye's town center. ?A new construction 3?-unit multi-family offered in its entirety, with 2-car garage and additional parking. The building is located on a .70-acre lot with land in back that provides a nice buffer, scenic vistas and common outdoor space for social gatherings or gardening. Situated off the road the building consists of one unit on the main level and 2 units on the upper level. ?There are 2 parking spots for each unit ?.There is additional guest parking. Unit 1 features includes Thermador appliances, 2 bedrooms, master suite with large walk-in closet, a total of 3 baths and a separate laundry room. Unit ?2 features include south and west-facing living spaces, Cafe appliances, 2 bedrooms with large closets, gorgeous custom-tiled bath, white tiled kitchen backsplash. and shared mudroom area. ?Unit 3 features include Cafe appliances, custom kitchen and bath designs and shared mudroom area. Building/lot features include: pervious driveway, 4 over 4 vinyl siding, composite trim, ZipSystem sheathing, 40-year architectural shingles, Heating and AC via ducted heat pump system w elec coil b/u (no fossil fuels). Unit features include: wide plank French Oak natural wood flooring throughout and tiled bathrooms, quartz countertops, solid wood core doors and Mathews Bros double hung windows Located just a short 2.6 miles to beaches and 5 miles to downtown Portsmouth. Walk to Rye Middle and Elementary schools. Owner is NH RE Broker.
An exceptional investment opportunity along Ryeâ??s Ocean Boulevardâ??just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoastâ??s most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with a well-established seasonal restaurant and bar featuring indoor dining, outdoor seating, a takeout window, and ample parking. Together, the properties deliver versatility, steady cash flow, and exciting upside. With direct marsh frontage, ocean breezes, and the sound of waves just steps away, this property embodies the coastal lifestyle tenants and guests are drawn to. Investors may continue operations as-is, expand residential offerings, or redevelop the parcels into luxury condominiums, multifamily residences, or even a signature single-family estate. A rare chance to secure prime coastal real estate with scale, flexibility, and locationâ??all within walking distance to the sand, surf, and sunsets of Wallis Sands Beach. All units currently rented. Please do not solicit information on site.
Rye is located in New Hampshire. 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.
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.
