Listed by Janet Carroll with BHHS Verani Seacoast Cell: 603-828-2998
Active
201 - 235 Cate Street Unit: 201-A, B, C & 235-1, 2, 3
Portsmouth NH, 03801
$2,987,000
$652.61 per sqft
Active
8 Beds
8 Baths
4,577 sqft
Multi-family
Built in 1998
A rare opportunity in Portsmouth! We are pleased to present this 2-parcel investment property in a prime location! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson's Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. All units have been meticulously maintained by a master-licensed and hands-on landlord/owner. The three buildings have been renovated and updated with highly efficient heating systems, building materials, and quality craftsmanship. The Carriage-House/Barn was totally uplifted and rebuilt into a glorious single-family 3-bedroom, 1-bath home with cathedral ceilings and beautiful hardwood beams. The main home on this property has been converted to two units, with a 2-bedroom + office, 2-bath on one side, and a 1-bedroom, 1-bath, 2-story unit on the other. Both units have their own entrances and highly sought-after parking spaces on-site. The adjacent lot features a business on the 1st floor with two 1-bedroom apartments above, each with their own separate entrances consisting of wide hardwood staircases, and views of Hodgson's Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.
5015120
MLSⓇ ID
September 19, 2024
Listed
October 29, 2024
Updated
Map
201 - 235 Cate Street Unit: 201-A, B, C & 235-1, 2, 3
Portsmouth NH, 03801
Interior Features
Bedrooms
8
Total Bathrooms
8
Fireplace
No
Cooling
Yes
Cooling Description
Central AC, Individual, Wall AC Units
Heating
Yes
Heating Description
Gas Heater, Gas - Natural
Exterior/Building Features
Lot Size
0.71 Acres
Lot Features
Near Hospital, Near Shopping
Roof
Shingle
Sewer
Public
School Information
School District
Month to Month
High School
Portsmouth High School
Elementary School
Little Harbor School
Other Property Details
Area Name
NH-Rockingham
Taxes
$18,000
Tax Frequency
Annually
Days on Market
28
Garage
No
Parking
Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved
View
No
County
Month to Month
Pool
No
Listed by Janet Carroll with BHHS Verani Seacoast Cell: 603-828-2998
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