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For Sale

423 Court Street

423 Court Street, Portsmouth, NH 03801

$2,995,000
Being sold with 19 Atkinston (multi mls 5011661). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouth's 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 Portsmouth's growth. Don't miss out on this prime investment opportunity inPortsmouth's dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.

6
baths

4,241 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Joe Leddy

Joe Leddy

Features & Amenities

Interior

  • Total bathrooms6

Area & Lot

  • Status For Sale
  • Living Area4,241 Sq.Ft.
  • Lot Area3,049 Sq.Ft.
  • MLS® ID5011698
  • TypeCommercial
  • YEAR BUILT1814
  • Neighborhoodsouthern NH MLS

Exterior

  • parkingOff Street
  • HEAT TYPEHot Water, Gas - Natural
  • sewerPublic

Financial

  • Sales Price$2,995,000
  • Real Estate Tax $13,846/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 423 Court Street, Portsmouth, NH 03801. We are reviewing your request and will be in touch shortly!

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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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