RE/MAX On the Move

 
Office
Office
RE/MAX On the Move

56 Cass Street, Portsmouth, NH 03801

Multi-Family

$679,000
Price
$650,000
Sale Price

3
Total Units
Portsmouth -- short walk to Market Square, the waterfront, and dozens of fantastic restaurants. This 3-unit income-producing rental property is an ideal owner-occupied opportunity. Boasting six off-street parking spaces and a very rare, private, green space/fenced courtyard/patio area with storage shed. Inside, you will find nicely updated, spacious units including modern kitchens, baths, and appliances. Separate utilities including Rinnai natural gas heating units, and individually metered electrical. New asphalt driveway, vinyl windows, and updated doors/hardware; modern roof and vinyl siding. Washer and dryer included in each apartment. Unit 1 is a 2BR, rents for $1550 a month. Unit 2 is an oversized 1BR and rents at $1150. Unit 3 is a large 1BR with master bath and huge living room, currently owner-occupied. (Unit 2 and 3 could potentially rent for $1500+ as current rents are under market. Total gross annual income projection at $57,000 if all 3 units were rented at market values).
Highlights
Property Type: Multi-Family
Price - Closed: 650,000
Total 2 BR Units: 1
Total Units: 3
Foreclosed/Bank-Owned/REO: No
MLS #: 4494714
List Agent: Jeffrey Levine
List Office: Bean Group / Portsmouth
Price - List: $679,000
Listing Status: Closed
Basement: Yes
Zoning: GRC
Year Built: 1900
Total 1 BR Units: 2
SqFt-Apx Total Finished: 2,277
Total Stories: 2
Seasonal: No
Style: Conversion
Interior
SqFt-Apx Fin AG Source: Municipal
SqFt-Apx Fin Above Grade: 2,277.00
Electric: Circuit Breaker(s)
Water: Public
Exterior
Lot - Sqft: 3,920
Lot - Acres: 0.09
Garage: No
Flood Zone: No
Pre-Construction: No
Road Frontage: TBD
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Vinyl
Roads: Public
Roof: Shingle - Asphalt
Sewer: Public
Taxes
Deed - Book: 5156
Deed - Page: 2046
Assessment Year: 2014
Surveyed: Unknown
Taxes TBD: No
Tax - Gross Amount: 6,365.00
School
School - District: Portsmouth
School - Middle/Jr: Portsmouth Middle School
School - High: Portsmouth High School
Expenses
Cable Company: OWNOC
Trash: Municipal
 
Additional
Covenants: No
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 4 1 2 Month to Month 2 No 1,550.00 Monthly
Unit 2 3 1 1 1 Yes 1,150.00 Monthly
Unit 3 3 1 1 1 No
Map
The listing office is Bean Group / Portsmouth and listing agent is Jeffrey Levine. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2017 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 6/28/2017 4:24:00 PM.