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Courtesy of Joe Leddy of Duston Leddy Real Estate: Cell: 603-494-6864.

423 Court Street

Portsmouth, NH 03801
  • $1,131,000
  • STATUS: Closed
  • ON SITE: 74 Days
  • MLS #: 5011667
Sold - 10/31/2024
$1,131,000
SOLD - 10/31/2024
  • 6
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,241
    SQFT
  • $267
    $/SQFT
Type:
Multi-Family
Built:
1814
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Being sold with 19 Atkinson (mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouths 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 Portsmouths growth. Dont miss out on this prime investment opportunity in Portsmouths dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.

Sold by The Boulos Company.

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© 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 last updated 2024-11-11T12:06:45.63.
www.dannychampionrealty.com/homes/154262973
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423 Court Street Portsmouth, NH 03801

  • Price: $2,995,000
  • Status: Closed
  • On Site: 74 Days
  • Updated: 9 min ago
  • MLS #: 5011667
6
Beds
0
Baths
0
½ Baths
0.07
Acres
4,241
SQFT
$267
$/SQFT
1814
Built
County:
Rockingham
Area:
Portsmouth
Elementary School:
Little Harbor School
Middle School:
Portsmouth Middle School
High School:
Portsmouth High School
School District:
Portsmouth
Property Description
Being sold with 19 Atkinson (mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouths 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 Portsmouths growth. Dont miss out on this prime investment opportunity in Portsmouths dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.
Exterior Features

Architectural Style AntiqueApartment Building Area Description In TownNear ShoppingNeighborhood Color Brick Construction Materials OtherBrick ExteriorOther Exterior Driveway Other Has Garage No Lot Features City Lot Parking DrivewayParking Spaces 4 Road Frontage TBD Roads Public Roof FlatOther

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Flooring CarpetOtherVinylWood Foundation OtherStone Has Basement Yes Heating Hot Water Total Heated Units 0 Total Ranges 6 Total Refrigerators 6 Total Water Heaters 0 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Varies Sewer Public Tax Gross Amount 13846 Tax Year 2023 Taxes Tbd No Total Electric Meters 0 Total Gas Meters 0 Total Leases 4 Total1 Bed Units 6 Total2 Bed Units 0 Total3 Plus Bed Units 0 Unit1 Info DisposalRange - ElectricRefrigerator Unit1 Rental Amount 1650 Unit1 Tenant Pays ElectricInternet Service Unit2 Info DisposalRange - ElectricRefrigerator Unit2 Rental Amount 1200 Unit2 Tenant Pays ElectricInternet Service Unit3 Info DisposalRange - ElectricRefrigerator Unit3 Rental Amount 1350 Unit3 Tenant Pays ElectricInternet Service Unit4 Info Range - ElectricRefrigerator Unit4 Rental Amount 1650 Unit4 Tenant Pays ElectricInternet Service Unit5 Info Range - ElectricRefrigerator Unit5 Rental Amount 1200 Unit5 Tenant Pays ElectricInternet Service Unit6 Info Range - ElectricRefrigerator Unit6 Rental Amount 1550 Unit6 Tenant Pays ElectricInternet Service Utilities Other Water Source Public Zoning CD4-L1

Courtesy of Joe Leddy of Duston Leddy Real Estate: Cell: 603-494-6864.


© 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 last updated 2024-11-11T12:06:45.63.
 
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