Rye - Beach Property For Sale #5469939

Really? A Multi unit in Rye? Get out of town! Build your own Multi unit in Rye. This 3 unit with town approvals (1 two bd(1800sqft), and 2 one bd(700sqft) units) includes a demo permit, septic plan in hand, and building permit submitted to building dept. Be minutes from the beach, or minutes from downtown Portsmouth, or better yet, minutes from any of the major routes, like Rt 1 & 95. No builder tie-in. Take advantage of this owner occupied or investor project. Excellent passive income potential. This project could also be Condos. Buyer to do their own diligence. Existing building will be razed and the septic system, which is shared with the office building next door, will be installed within the month of November. See listing documents for specifics and approvals. Please do not enter existing structure due to safety concerns.