Portsmouth, NH 03801,423 Court ST
Portsmouth, NH 03801,423 Court ST
Portsmouth, NH 03801,423 Court ST
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Listed by Joe Leddy • Duston Leddy Real Estate • Cell: 603-494-6864
$2,995,000
Est. payment /mo
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6 BD
6 BA
4,241 SqFt
Under Contract

423 Court ST Portsmouth, NH 03801

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UPDATED:

10/02/2024 06:08 PM

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,241 sqft

Price per Sqft $706

MLS Listing ID 5011667

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1814

Annual Tax Amount $13,846

Tax Year 2023

Lot Size 3,049 Sqft

Acres 0.07

Property Description

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.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning CD4-L1

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Heating Gas - Natural

Cooling None

Flooring Carpet, Other, Vinyl, Wood

Exterior

Garage Description Driveway, Parking Spaces 4

Utilities Available Other

Roof Type Flat,Other

Building

Story 3

Foundation Other, Stone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Little Harbor School

Middle Schools Portsmouth Middle School

High Schools Portsmouth High School

School District Portsmouth


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Billy Abildgaard

Broker | License ID: 9571935

+1(617) 315-0404

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423 Court ST