316-320 Wallis RoadRye, NH 03870Sale Price: $1,525,000

Approx. ONE MILE TO RYE BEACH on 1.3 acres! This unique property with three free standing units, including a New Englander with a second floor apt. plus two separate free standing cottages makes a great family compound OR live in one and get income from the rest! The main house has been renovated with updated granite kitchen and mostly stainless appliances. High 8 ft plus ceilings, the formal DR has HDWD floors, sliders to a huge rear deck, built-in china cab., built in speakers, Formal LR plus separate den or office, mudroom, first floor laundy, master suite with full bath and lots of closet space. This home also has 2 more bdrms on the third level with a den and full bath. Entire house can be converted back into a 5 bdrm home! The main house has access to the one car detached garage with a circular drive so lots of parking. The second floor apt. has 2 bdrms, new kitchen, and bath, and includes W/D and storage in bsmt with separate access. Two more units with the free standing cottages can be updated for more income. The front cottage tenant has been there 40 yrs. & the rear cottage tenant there for approx. 8 yrs. Both are bright and sunny units, with rear decks & 2 parking spaces each. This lot has lots of yard space for gardening or pets and also goes into the wooded area for shade & a private border. Ride your bikes, walk or jog to your favorite sandy spot at the beach. 10 min. to downtown Portsmouth! 48 hr showing notice please.