Properties

Property Description

A rare opportunity in Portsmouth! We are pleased to present this 2-parcel investment property in a prime location! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson’s Brook. Currently, five apartment rentals and a business rental…please note: owners have not made a market adjustment for rents in many years. All units have been meticulously maintained by a master-licensed and hands-on landlord/owner. The three buildings have been renovated and updated with highly efficient heating systems, building materials, and quality craftsmanship. The Carriage-House/Barn was totally uplifted and rebuilt into a glorious single-family 3-bedroom, 1-bath home with cathedral ceilings and beautiful hardwood beams. The main home on this property has been converted to two units, with a 2-bedroom + office, 2-bath on one side, and a 1-bedroom, 1-bath, 2-story unit on the other. Both units have their own entrances and highly sought-after parking spaces on-site. The adjacent lot features a business on the 1st floor with two 1-bedroom apartments above, each with their own separate entrances consisting of wide hardwood staircases, and views of Hodgson’s Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.

Property Details
Active
No
$18, 000
2023
0
GRA
Paved, Public
30, 928 Sqft
TBD
$653
Yes
Location
201 - 235 Cate Street
NH-Rockingham
US
NH
Portsmouth
03801
NH-Rockingham
Little Harbor School
Portsmouth
Portsmouth Middle School
Portsmouth High School
No
GPS
Exterior
: Driveway, Paved, On-site, Parking Spaces 11 - 20, Off Street
Concrete, Other
Shingle
Existing
0
Paved
Interior
: Concrete, Stairs - Interior, Dirt, Concrete Floor, Exterior Access, Gravel, Interior Access
Room Details
201-A, B, C & 235-1, 2, 3
Utilities
Public
: Gas Heater
: Central Ac, Individual, Wall Ac Units
200 Amp
Gas - Natural
Cable - Available, Gas - On-Site
Listing Info
284254
Cell: 603-828-2998

For Sale

201 - 235 Cate Street, Portsmouth, New Hampshire 03801

7,573 Sqft
$2,987,000
MLS # 5015120
Basic Info
BHHS Verani Seacoast
Janet Carroll
Property Type :
Listing Type : For Sale
Price : $2, 987, 000
Lot Area : 0.71 Acre
Square Footage : 7, 573 Sqft
Year Built : 1998
MLS # : 5015120
Days On Market : 28
Agent info
Cowan & Zellers
Contact Agent