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Listing courtesy of PRIME_MLS / Joe Leddy / Duston Leddy Real Estate, The Boulos Company / Cell: 603-494-6864

423 Court

Portsmouth, NH 03801

– beds
– baths
4,241 sqft
3,049 sqft lot
$266 per sqft
1814 build
– on site

More homes

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.

Listing courtesy of PRIME_MLS / Joe Leddy / Duston Leddy Real Estate, The Boulos Company / Cell: 603-494-6864

Last checked: Checking… • Last updated Nov 1, 2024 •

MLS# 5011667 —

The Building

Year Built:

1814
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Other, Brick Exterior, Other Exterior
Architectural Style:

Antique, Apartment Building
Roof:

Flat
Foundation:

Stone
Total Stories:

3
Total Units:

6
Approx SqFt Total:

4853
Approx SqFt Total Finished:

4,241 Sqft
Approx SqFt Finished Above Grade:

4,241 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

612
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Unfinished
Basement Access Type:

Interior
Flooring:

Carpet, Vinyl, Wood
Room 5 Type:

Leased

Room Dimensions

Room 21 Dimensions:

3

Location

Map:

105
Latitude:

43.076721795601024
Longitude:

-70.753948355819702

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot:

5
Lot SqFt:

3,049 Sqft
Lot Acres:

0 Sqft
Zoning:

CD4-L1
Roads:

Public
Lot Features:

City Lot

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Taxes TBD:

No
Tax - Gross Amount:

$13,846

Beds

Bedrooms - Level 4:

2
Bedrooms - Basement:

2

Baths

Full Baths Size:

0 Sqft
Three Quarter Baths:

2
Three Quarter Baths Size:

3 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

266.68
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Hot Water
Heat Fuel:

Gas - Natural

Utilities

Utilities:

Other
Separate Utilities:

Varies
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public

Appliances

Appliances:

Water Heater – Off Boiler
Total Refrigerators:

6

Schools

Elementary School:

Little Harbor School
Middle Or Jr High School:

Portsmouth Middle School
High School:

Portsmouth High School
School District:

Portsmouth

The Community

Condo Name:

Monthly
Area Description:

In Town, Neighborhood, Near Shopping
Marina Name:

Monthly
Covenants:

No

Parking

Parking:

Driveway, Parking Spaces 4

Extra Units

Unit 1 Rooms:

3
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 3 Rooms:

3
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Rooms:

3
Unit 5 Bedrooms:

1
Unit 5 Baths:

1
Unit 6 Bedrooms:

1
Unit 6 Baths:

1
Unit 1 Info:

Disposal, Range - Electric, Refrigerator
Unit 2 Info:

Disposal, Range - Electric, Refrigerator
Unit 3 Info:

Disposal, Range - Electric, Refrigerator
Unit 4 Info:

Range - Electric, Refrigerator
Unit 5 Info:

Range - Electric, Refrigerator
Unit 6 Info:

Range - Electric, Refrigerator

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Sale history

Date	Event	Source	Price	% Change
10/31/24 Oct 31, 2024	Sold	PRIME_MLS	$1,131,000	-62.2%
10/2/24 Oct 2, 2024	Sold Subject To Contingencies	PRIME_MLS	$2,995,000
9/11/24 Sep 11, 2024	Price Changed	PRIME_MLS	$2,995,000	-14.4%

Multifamily Sold on 10/31/2024

$1,131,000

Listing provided by broker:

Joe Leddy

Duston Leddy Real Estate, The Boulos Company

Cell: 603-494-6864

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Listing Courtesy of: PRIME_MLS and Duston Leddy Real Estate, The Boulos Company.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

423 Court

Portsmouth, NH 03801