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 11, 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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