Price Reduced 14.40%

Listing courtesy of Joe Leddy, Duston Leddy Real Estate Cell: 603-494-6864


Price History

$3,499,000
8/28/2024

$2,995,000
9/11/2024


423 Court Street, Portsmouth, NH, 03801

423 Court Street, Portsmouth, NH, 03801

1814

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.


Status:

Active

Type:

Commercial

Units:

6

Zoning:

CD4-L1

Heating:

Hot Water

Parking:

Off Street

Acreage:

0.07

Est. Taxes:

$13,846

MLS #:

5011698


Community Info

School Info

Walk Score

Mass Transit

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