423 Court ST Under Contract Save Request In-Person Tour Request Virtual Tour
Portsmouth,NH 03801
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,241 sqft
Price per Sqft $706
MLS Listing ID 5011667
Bedrooms 6
Full Baths 6
Year Built 1814
Annual Tax Amount $13,846
Tax Year 2023
Lot Size 3,049 Sqft
Property Description
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.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning CD4-L1
Rooms
Basement Entrance Interior
Interior
Heating Gas - Natural
Cooling None
Flooring Carpet,Other,Vinyl,Wood
Exterior
Garage Description Driveway,Parking Spaces 4
Utilities Available Other
Roof Type Flat,Other
Building
Story 3
Foundation Other,Stone
Sewer Public
Schools
Elementary Schools Little Harbor School
Middle Schools Portsmouth Middle School
High Schools Portsmouth High School
School District Portsmouth