579 STATE STREET Portsmouth, NH 03801 | Multi-Family
$1,200,000 ![]()
Closed
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0
3708 sqft.
Listing Courtesy of
Great Island Realty LLC
Description
Historic 8 unit buildings in Portsmouth do not come along often. Don't miss your opportunity to consider this multifamily for your portfolio. First time this property has been on the market in over 30 years. Great location on State Street with off street parking and just a few minute walk to Market Square and all that Portsmouth has to offer. Lots of opportunity here for the experienced investor. Six out of the eight units are currently occupied with two current active leases and 4 month to month tenants. Current income figures are based off of the 6 currently rented units. Only 2.5 months left to make your end of year investment purchases! Call to schedule your showing today!
Property Details
List Price
$1,100,000
Sold Price
$1,200,000
List Date
2022-10-13
Sold Date
2022-10-28
MLS ID
4933440
Status
Closed
Property Type
Multi-Family
County
NH-Rockingham
Days on Market
2
structure
AG Finished Area
2700.0
basement
Yes
cooling
None
Features Exterior
Balcony
flooring
Vinyl, Wood
foundation details
Brick
garage y n
No
heating
Hot Air, Monitor Type
living area
3708.0
living area units
Square Feet
new construction
Existing
Parking Features
Dirt, Paved
roof
Shingle
stories
3
year built
1840
characteristics
Acres
0
lot size area
0.18
Lot SqFt
7841.0
lot size units
Acres
# of Units
8
road frontage type
Public
road surface type
Public
tax
tax annual amount
9118.0
tax year
2022
zoning
GRC
financial
gross income
64200.0
net operating income
40335.0
operating expense
23865.0
contract
foreclosure y n
No
compensation
Buyer Agency Comp.
2
Buyer Agency Comp. Type
%
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 4:23:19 AM (UTC)
