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Sold

423 Court Street

423 Court Street, Portsmouth, NH 03801

$1,131,000
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.

6
beds

6
baths

4,241 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Joe Leddy

Joe Leddy

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms6
  • Flooring Carpet, Other, Vinyl, Wood

Area & Lot

  • Status Sold
  • Living Area4,241 Sq.Ft.
  • Lot Area3,049 Sq.Ft.
  • MLS® ID5011667
  • TypeMulti-Family
  • YEAR BUILT1814
  • Neighborhoodsouthern NH MLS
  • Elementary SchoolLittle Harbor School
  • Middle SchoolPortsmouth Middle School
  • High SchoolPortsmouth High School
  • School DistrictPortsmouth

Exterior

  • roofFlat, Other
  • lot featuresIn Town, Near Shopping, Neighborhood
  • parkingDriveway, Parking Spaces 4
  • HEAT TYPEHot Water, Gas - Natural
  • AIR CONDITIONINGNone
  • sewerPublic

Financial

  • Sales Price$1,131,000
  • Real Estate Tax $13,846/yr

southern NH MLS

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Duston Leddy Real Estate is Northern New England's premier real estate firm, and our commitment to providing exceptional service is at the core of everything we do. Founded by three of the region's leading real estate professionals, we are driven to do more -and be more- for our clients as well as our agents.

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