423 Court StreetPortsmouth, NH 03801MLS Number 5011667

  • Sale Price: $1,131,000
  • 108 Days Since Sale
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Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
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423 Court Street Portsmouth NH 03801
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  • 0.07Acreage
  • 1814Year Built
  • 4,241Square Feet

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Listed by Joe Leddy of Duston Leddy Real Estate (Cell: 603-494-6864)

Listing Sold by The Boulos Company
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.

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More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1814
  • Building ConstructionOther, Brick Exterior, Other Exterior
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 Total Rooms2
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • # of 1 Bedrooms6
  • BasementUnfinished
  • FoundationOther, Stone

Basic Information

  • StatusSLD
  • List Price$2,995,000
  • Date Price Change09/11/2024
  • MLS Number5011667
  • MLS StatusClosed
  • Sale Date10/31/2024

Property

  • Acreage0.07
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCity Lot, In Town, Near Shopping, Neighborhood
  • Lot5
  • Square Feet4,241
  • APX Fin AG Sqft4,241
  • AreaNH-Rockingham

Amenities

  • PricePerSqFt266.68

Other

  • Taxes$13,846
  • Seasonal Y/NNo
  • Operating Expenses49679
  • Date Listed08/28/2024
  • Unit 1 Deposit$1,650
  • Unit 2 Rent Amount$1,200
  • Unit 3 Rent Amount$1,350
  • Unit 4 Rent amount$1,650
  • Unit 5 Rent amount$1,200
  • View Count10

Location

  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • ZoningCD4-L1
  • Elementary SchoolLittle Harbor School
  • Junior HighPortsmouth Middle School
  • High SchoolPortsmouth High School
  • Address423 Court Street
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Other, Vinyl, Wood

Exterior

  • RoofFlat, Other
  • Exterior ColorBrick

Utilities

  • Heat SystemNatural Gas, Hot Water
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesOther
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25 Lafayette Rd
Hampton Falls , NH 03844
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 February 15, 2025 9:07 PM EST

 

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