221 Atlantic Avenue, North Hampton, NH, 03862 | $1,595,000

NEW PRICE & Investor Alert: 9+CAP in Prime Location with Endless Income Potential! Step into opportunity with this one-of-a-kind circa 1886 Victorian property offering both historic charm and serious income potential. Currently generating revenue through rental apartments, this property also features a wealth of underutilized space—ideal for expansion or creative repurposing. From intricate woodwork and stained glass windows to tin ceilings and true bow and bay windows, the main home is a showpiece of craftsmanship. Behind it, you’ll find a large detached 3-car garage with a full second story ready for conversion or storage. To the side, an additional 2-car garage with a private office space offers even more untapped potential. And for those who appreciate classic architecture, the 40’x60’ post-and-beam barn is the ultimate bonus—currently outfitted with storage stalls, this striking structure is just waiting for a new vision. Whether you’re a seasoned investor or a creative entrepreneur, this property is a rare find offering strong returns and exciting possibilities. Don’t miss your chance to make a smart move in a sought-after location.

Features

  • Units: 4
  • Style: Victorian
  • Year Built: 1896
  • Garage: 4-car Garage
  • Heating: Oil,Electric,Steam
  • Cooling: None
  • Basement: Concrete,Stairs - Interior,Storage Space,Sump Pump,Unfinished,Walkout,Exterior Access,Stairs - Basement
  • Approx Sq. Feet: 4,649
  • Acreage: 0.87
  • Est. Taxes: $9,620
  • Lot Desc: Near Country Club,Near Golf Course,Near Paths,Near Shopping,Near School(s)
  • School District: North Hampton
  • MLS#: 5032479
  • Website: https://www.raveis.com
    /prop/5032479/221atlanticavenue_northhampton_nh?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/8/2025
Listing courtesy of Duston Leddy Real Estate   Phone: 603-610-8285
Listing Agent: Kirstin Stallkamp

William Raveis Family of Services

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Customer Service

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978-337-3053

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

221 Atlantic Avenue, North Hampton, NH, 03862

$1,595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,276,000 $1,276,000 $1,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.511% 6.309%
Monthly Tax Payment $802 $802 $802
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,245 $7,961 $10,854
Total Monthly Payment $8,172 $8,888 $11,781

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.