Property Description

OWN A PIECE OF HISTORY WITH INCOME POTENTIAL 75 South Street offers a rare opportunity to own a remarkable 1864 Second Empire residence while benefiting from multiple potential income streams. For the **owner occupant**, the property provides an opportunity to enjoy the character, scale, and history of the main residence while using the two additional apartments to help offset monthly living expenses. Rental income could help reduce the overall cost of ownership while the additional units also offer flexibility for guests, extended family, or other personal uses, subject to applicable regulations. For the **investor**, the property presents several potential strategies. The apartments can provide rental income, while the property's size, historic character, and distinctive architecture create the potential to explore additional uses. With Town approval, zoning compliance, and all required permits and licenses, the property could potentially be considered for a Bed & Breakfast or similar hospitality use. Potential strategies include long-term rentals, furnished or mid-term rentals where permitted, an owner-occupied/rental combination, or exploring a hospitality model. Originally built as the Mill Agent's Home for the Salmon Falls Mills, this substantial property combines historic character with the flexibility today's buyers and investors are seeking. Its architectural details, prominent presence, and approximately 1.09-acre setting provide a foundation for both residential enjoyment and income-producing possibilities. Whether your goal is to reduce the cost of owning your home or pursue a property with multiple potential revenue streams, 75 South Street offers an uncommon combination of history, flexibility, and opportunity. Seperate utilities, each unit has in unit laundry, total of eight potential bedrooms, plenty of parking, easy access to both Maine and Seacoast NH.

Property Features

Units

Local Schools