235 Cate StreetPortsmouth, NH 03801MLS Number 4922331

  • Price: $3,125,000
  • Est. Mortgage of $/month
  • 74 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
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235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801235 Cate Street Portsmouth NH 03801
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  • 0.29Acreage
  • 4Bathrooms
  • 1998Year Built
  • 3,061Square Feet

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Listed by Janet Carroll and Mo Seiler of BHHS Verani Seacoast
A rare opportunity in Portsmouth! This 2-parcel investment property is in a prime location! 201 Cate Street and 235 Cate Street are being SOLD TOGETHER! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to the Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson's Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. (Refer to Rental Potentials Stats Doc) All units meticulously maintained by a master-licensed and hands-on landlord/owner. The three buildings have been renovated and updated with highly efficient heating systems, building materials, and quality craftsmanship. The Carriage-House/Barn was totally uplifted and rebuilt into a glorious single-family 3-bedroom, 1-bath home with cathedral ceilings and beautiful hardwood beams. The main home on this property has been converted to two units, with a 2-bedroom + office, 2-bath on one side, and a 1-bedroom, 1-bath, 2-story unit on the other. Both units have their own entrances and highly sought-after parking spaces. The adjacent lot features a business on the 1st floor with two 1-bedroom apartments above, each with their own separate entrances consisting of wide hardwood staircases, and views of Hodgson's Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.

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More Info

Basic Information

  • StatusACT
  • List Price$3,125,000
  • Date Price Change07/25/2022
  • MLS Number4922331
  • MLS StatusActive

Property

  • Acreage0.29
  • Parking Spaces
  • Lot DescriptionCity Lot, Wooded
  • Lot31 & 32
  • Square Feet3,061
  • APX Fin AG Sqft3,061
  • RoadsPaved, Public

Other

  • Taxes$8,104
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,100
  • Unit 2 Rent Amount$1,900
  • Unit 3 Rent Amount$2,400
  • View Count1

Location

  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • ZoningGRA
  • Elementary SchoolLittle Harbor School
  • Junior HighPortsmouth Middle School
  • High SchoolPortsmouth High School
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorVinyl Siding
  • RoofShingle

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater
  • UtilitiesCable - Available, Gas - On-Site, Internet - Cable
  • WaterPublic
  • Water HeaterGas - Natural
  • Electric200 Amp
  • SewerPublic

Building

  • Year Built1998
  • Building ConstructionWood Frame
  • StyleCarriage, Colonial, Multi-Family, Other
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location235-1
  • Unit 1 Total Rooms4
  • Unit 2 Bath2
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location235-2
  • Unit 2 Style235-2 Apartment
  • Unit 2 Total Rooms7
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Floor Location2
  • Unit 3 Style235-3 Carriage House/Barn
  • Unit 3 Total Rooms6
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom4
  • Total Baths4
  • Basement
    • Concrete
    • Concrete Floor
    • Dirt
    • Exterior Access
    • Gravel
    • Interior Access
    • Stairs - Interior
  • FoundationConcrete, Other
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 October 2, 2022 3:39 AM EDT.

 

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