$2,987,000
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201 Cate Street Portsmouth, NH 03801
Multi-Family
Residence
Beds
4
Baths
...
Bed/Bath
2,697
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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A rare opportunity in Portsmouth! This 2-parcel investment property is in a prime location! 201 Cate Street & 235 Cate Street (MLS #5014195) are being SOLD TOGETHER! Located near the traffic circle, convenient to downtown Portsmouth, adjacent to the Portsmouth West End Yards, these properties offer... a 3-building package nestled in woods, next to Hodgsonâ??s Brook. Currently, five apartments and a business rental...please note: owners have not made a market adjustment for rents in many years. (Refer to Average Rents Doc) All units meticulously maintained by a master-licensed and hands-on landlord/owner. The 3 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, & views of Hodgsonâ??s Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.
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MLS#
5014191
Property Type
Multi-Family
Bathrooms
4 Full
Year Built
2003
Square Feet
2,697
sq. ft
Price per Sq. Ft.
$1,107.53
Lot Size
0.42
Sewer
Public Sewer
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