Properties

Property Description

Welcome to 366 Broad St, a rare multi-family offering in the heart of Little Harbor. This magnificent property, being presented to the market for the first time since 1964, embodies charm, versatility & exceptional investment potential. Situated on an impressive .85-acre lot, this 7 unit property is comprised of a turn-of-the-century main home with an attached carriage house, a detached single-family residence & a 4-car garage/outbuilding. Totaling 5,194 sq ft of finished living space, the main building has three 2-bedroom, 1-bath units & three 1-bedroom, 1-bath units. The detached home is a 2-bedroom, 1-bath residence, perfect for additional rental income or private use. The owners have chosen to keep tenants in place with rents below market rates to foster long-term tenant relationships, resulting in low turnover. Currently, with several units vacant due to the property coming to market, there is a prime opportunity for new ownership to enhance units & potentially raise rents to market rates. Beyond its current use as a multi-unit rental property, the expansive lot size invites consideration for alternative development possibilities. Located just moments from Downtown Portsmouth, this property offers unparalleled convenience to the city’s vibrant shops, restaurants & cultural amenities. This is a rare opportunity to acquire a 7-unit property of this caliber with substantial lot size & proximity to downtown—a true gem in Portsmouth’s real estate market.

Property Details
Active
Yes
$15, 535
2023
4
GRA
Paved, Public
36, 590 Sqft
TBD
$461
Yes
Location
366 Broad Street
NH-Rockingham
US
NH
Portsmouth
03801
NH-Rockingham
Little Harbor School
Portsmouth
Portsmouth Middle School
Portsmouth High School
No
Middle to Broad
Exterior
: Driveway, Paved, On-site
Brick, Concrete, Stone
Shingle
Existing
0
Fence - Partial, Porch - Covered
Paved
Interior
Wood
: Bulkhead, Unfinished, Interior Access
Room Details
Coin Laundry
Utilities
Public
: Hot water
Circuit Breaker(s)
Gas - Natural
Cable - At Site, Gas - On-Site
Listing Info
13241

For Sale

366 Broad Street, Portsmouth, New Hampshire 03801

5,194 Sqft
$2,395,000
MLS # 5003887
Basic Info
Great Island Realty LLC
Emil Uliano
Property Type :
Listing Type : For Sale
Price : $2, 395, 000
Lot Area : 0.84 Acre
Square Footage : 5, 194 Sqft
Year Built : 1900
MLS # : 5003887
Days On Market : 38
Agent info
Cowan & Zellers
Contact Agent