Bought with Caitlin Burke with The Boulos Company and Listed by Joe Leddy with Duston Leddy Real Estate Cell: 603-494-6864
Sold
423 Court Street
Portsmouth NH, 03801
$1,131,000
$266.68 per sqft
Sold
6 Beds
6 Baths
4,241 sqft
Multi-family
Built in 1814
Being sold with 19 Atkinson (mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouth's best locations. These strategically positioned properties offer compelling investment prospects, with strong rental histories and potential for growth. *Atkinson Street Building*: This well-maintained property features three one-bedroom units, each with a solid rental track record, offering immediate income potential. *Court Street Building*: This property includes 6 units, with two currently vacant, presenting a prime opportunity for value enhancement. A coin-operated laundry serves both buildings, adding convenience and value for tenants. Both buildings share four parking spots, currently assigned to existing tenants based on seniority, with future flexibility for reallocation. Investing in Portsmouth means capitalizing on a thriving real estate market that combines immediate rental income with significant potential for future appreciation. The city's strong rental demand, driven by its appealing lifestyle and prime location, ensures that these properties are well-positioned for continued success. Enhancing the vacant units and adjusting rental rates offers an opportunity to maximize returns and further capitalize on Portsmouth's growth. Don't miss out on this prime investment opportunity in Portsmouth's dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.
5011667
MLSⓇ ID
August 28, 2024
Listed
February 24, 2025
Updated
Interior Features
Bedrooms
6
Total Bathrooms
6
Floor Description
Carpet, Other, Vinyl, Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Water, Gas - Natural
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
In Town, Near Shopping, Neighborhood
Roof
Flat, Other
Sewer
Public
School Information
School District
Annual
High School
Portsmouth High School
Elementary School
Little Harbor School
Other Property Details
Area Name
NH-Rockingham
Taxes
$13,846
Tax Frequency
Annually
Days on Market
35
Garage
No
Parking
Driveway, Parking Spaces 4
View
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Sold | $1,131,000 |
10/2/2024 | Under contract | — |
10/2/2024 | Pending | — |
10/2/2024 | Under contract | — |
10/2/2024 | Pending | — |
9/11/2024 | Price change | $2,995,000 -15% |
Bought with Caitlin Burke with The Boulos Company and Listed by Joe Leddy with Duston Leddy Real Estate Cell: 603-494-6864
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