Skip To Content
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 #: 5011698
Sold - 10/31/2024
$1,131,000
SOLD - 10/31/2024
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1814
County:
Area:

School Ratings & Info

Description

Being sold with 19 Atkinston (multi mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouths best locations. Thesestrategically 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 propertyincludes 6 units, with two currently vacant, presenting a prime opportunity for value enhancement. A coin-operated laundry serves both buildings, adding convenience andvalue for tenants. Both buildings share four parking spots, currently assigned to existing tenants based on seniority, with future flexibility for reallocation. Investing inPortsmouth means capitalizing on a thriving real estate market that combines immediate rental income with significant potential for future appreciation. The city's strongrental demand, driven by its appealing lifestyle and prime location, ensures that these properties are well-positioned for continued success. Enhancing the vacant units andadjusting rental rates offers an opportunity to maximize returns and further capitalize on Portsmouths growth. Dont miss out on this prime investment opportunity inPortsmouths 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.

Monthly Payment Calculator



© 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/154269504
Print Image

423 Court Street Portsmouth, NH 03801

  • Price: $2,995,000
  • Status: Closed
  • On Site: 74 Days
  • Updated: 48 min ago
  • MLS #: 5011698
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1814
Built
Neighborhood:
Portsmouth
County:
Rockingham
Area:
Portsmouth
Property Description
Being sold with 19 Atkinston (multi mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouths best locations. Thesestrategically 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 propertyincludes 6 units, with two currently vacant, presenting a prime opportunity for value enhancement. A coin-operated laundry serves both buildings, adding convenience andvalue for tenants. Both buildings share four parking spots, currently assigned to existing tenants based on seniority, with future flexibility for reallocation. Investing inPortsmouth means capitalizing on a thriving real estate market that combines immediate rental income with significant potential for future appreciation. The city's strongrental demand, driven by its appealing lifestyle and prime location, ensures that these properties are well-positioned for continued success. Enhancing the vacant units andadjusting rental rates offers an opportunity to maximize returns and further capitalize on Portsmouths growth. Dont miss out on this prime investment opportunity inPortsmouths dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.
Exterior Features

Parking Off Street Road Frontage TBD

Interior Features

Basement Yes Basement Access Type Interior Basement Description Unfinished Heating Hot Water Sq Ft Total Building 4241

Property Features

Electric Circuit Breaker(s) Foreclosed / Bank Owned / REO No Gross Income 87165 Heat Fuel Gas - Natural Natural Gas Available Yes Net Income 30659 Pre Construction No Sale Includes Additional BuildingsLand/Building Sewer Public Sub Property Type Multi-Family Tax Gross Amount 13846 Tax Year 2023 Taxes Tbd No Utilities Other Vacant Land No 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.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5011698-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5011698-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_5011698-2.jpg
Logo
Keller Williams Gateway Realty | Champion Realty Group
20 Trafalgar Sq Suite 101
Nashua NH, 03063