List Price: $1,100,000 | $549 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract Listed Thursday May 9, 2024 | MLS# 4994839


Prime investment opportunity in the heart of downtown Portsmouth, NH. This charming two unit property offers the best of urban living in the highly sought after downtown of Portsmouth, NH. Situated within walking distance to all downtown amenities including restaurants, shops, parks, museums and waterfront attractions, this property promises convenience and a vibrant lifestyle. The front door of the property opens up to a common foyer where you can gain access to both units and the shared basement space. The meticulously maintained two bedroom one bath unit features a wide open first floor with updated kitchen and plenty of living space to sit back and relax after a day or perusing the downtown. Large windows surround the entire unit to let an abundance of natural light in providing an open and airy feel. The second floor features two bedrooms and an updated full bath with access to a finished third floor bonus area that could be used as a potential office or other use. The second unit also provides an open first floor living space with full kitchen and living area. The second floor offers a spacious primary bedroom with updated full bath. An additional third floor finished space offers plenty of flexibility for additional useable square footage. Perfect opportunity for an investor or end user looking to occupy one of the units and rent out the other. All showings will be done at the open house on Saturday 5/11 from 2:30-5:00PM.
Location : In Town | Near Shopping | Neighborhood | Near Public Transportatn

Annual Expenses

Taxes: $5,890
Income

UNIT 1

Beds: 2
Baths: 1
Rooms: 5
Tenant Pays : Cooling,Electric,Heat,Hot Water,Sewer,Water
Rent : 2400.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2

Beds: 1
Baths: 1
Rooms: 4
Tenant Pays : Cooling,Electric,Heat,Hot Water,Sewer,Water
Rent : 1800.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
Construction: Masonry
Year Built: 1880
Style: Duplex | Georgian
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 2884
Above Grade Sq.Ft.: 2004
Basement: Unfinished | Interior Access
Foundation: Brick | Granite
Roof: Slate
Garage And Parking: Parking Spaces 1 | Paved
Seasonal: No
Heating: Baseboard | Heat Pump | Hot Water
Cooling: Mini Split
HeatFuel: Electric
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
City Lot | Level
Lot size: 0.05 acres
Zoned: CD4-L1)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 20
Driveway: Paved


Easement - Yes
Block - 16
Taxes $5,890
Assesed Value Not Reported
Schools
School District: Portsmouth

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