Bought with Sam Harding with Duston Leddy Real Estate and Listed by Emil Uliano with Great Island Realty LLC 603-433-3350
Sold
366 Broad Street
Portsmouth NH, 03801
$2,050,000
$394.69 per sqft
Sold
11 Beds
7 Baths
5,194 sqft
Multi-family
Built in 1900
Welcome to 366 Broad St, a rare multi-family offering in the heart of Little Harbor. This magnificent property, being presented to the market for the first time since 1964, embodies charm, versatility & exceptional investment potential. Situated on an impressive .85-acre lot, this 7 unit property is comprised of a turn-of-the-century main home with an attached carriage house, a detached single-family residence & a 4-car garage/outbuilding. Totaling 5,194 sq ft of finished living space, the main building has three 2-bedroom, 1-bath units & three 1-bedroom, 1-bath units. The detached home is a 2-bedroom, 1-bath residence, perfect for additional rental income or private use. The owners have chosen to keep tenants in place with rents below market rates to foster long-term tenant relationships, resulting in low turnover. Currently, with several units vacant due to the property coming to market, there is a prime opportunity for new ownership to enhance units & potentially raise rents to market rates. Beyond its current use as a multi-unit rental property, the expansive lot size invites consideration for alternative development possibilities. Located just moments from Downtown Portsmouth, this property offers unparalleled convenience to the city's vibrant shops, restaurants & cultural amenities. This is a rare opportunity to acquire a 7-unit property of this caliber with substantial lot size & proximity to downtown--a true gem in Portsmouth's real estate market.
5003887
MLSⓇ ID
July 8, 2024
Listed
November 25, 2024
Updated
Map
366 Broad Street
Portsmouth NH, 03801
Interior Features
Bedrooms
11
Total Bathrooms
7
Floor Description
Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Hot Water, Gas - Natural
Exterior/Building Features
Lot Size
0.84 Acres
Exterior Features
Fence - Partial, Porch - Covered
Lot Features
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
$15,535
Tax Frequency
Annually
Days on Market
84
Association Amenities
Coin Laundry
Garage
Yes
Garage Spaces
4
Parking
Driveway, On-Site, Paved
View
No
County
Month to Month
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/18/2024 | Sold | $2,050,000 |
10/1/2024 | Pending | — |
9/25/2024 | Price change | $2,250,000 -7% |
8/12/2024 | Price change | $2,395,000 -5% |
Bought with Sam Harding with Duston Leddy Real Estate and Listed by Emil Uliano with Great Island Realty LLC 603-433-3350
Copyright © 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 3 hours. Listing last updated 9:19 PM UTC on 11/25/2024.
©2024 PrimeMLS All rights reserved.