$2,987,000 | $1,108 per sq.ft. | MLS# 5014191
A
3
Unit Multi Family Home, 201 Cate Street Portsmouth NH
With 2 - One Bedroom Units
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Description:
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 Hodgson'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 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.
Appliances : Water Heater–Natural Gas
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Annual Expenses
Taxes: $18,000 |
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Income
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 4Sq.Ft.: 600Level: 2-BStyle : 201-B - ApartmentInfo : Appliances Included,CO Detector,Cooktop - Gas,Heat - Natural Gas,Range - Gas,Refrigerator,Smoke DetectorTenant Pays : Electric,HeatRent : 1200.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Leased
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 1107.53 | Year Built: 2003
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LAND DESCRIPTION:
LOT DESCRIPTION: City Lot | Wooded
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Avail.Sq.Ft.: 2
Livable Space: 2697
Above Grade Sq.Ft.: 2697
Below Grade Sq.Ft.: 0
Foundation: Concrete | Other
Heating: Natural Gas | Gas Heater
Cooling: Central AC | Wall AC Units | Individual
Electric: 200 Amp
Style: Carriage | Colonial | Multi-Family | Other
Roof: Shingle
Water: Public
Sewer: Public
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Lot size: 0.42 acres
Zoned: GRA
Surveyed: No
Flood Zone: No
Seasonal: No
Garage And Parking: Driveway | Off Street | On-Site | Parking Spaces 11 - 20 | Paved
Roads: Paved | Public
Driveway: Paved
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ADDITIONAL INFORMATION
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Taxes $18,000 | Assesed Value $0 in |
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SCHOOLS
School District: Portsmouth
Elementary School: Little Harbor School
Middle School: Portsmouth Middle School
High School: Portsmouth High School |
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201 & 235 Aerial View
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201 & 235 Street View
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201 Cate Street
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201 Cate, Business and 2 1-Bedrooms Upstairs
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201-A and B each have a private entrance
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201 Kitchen
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Living Room
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Bedroom
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Bathroom
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Bathroom
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235-1 Front Entrance
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235-1 Livingroom
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235-1 Living Room
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235-1 Kitchen
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235-1 Bedroom
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235-1 Bedroom
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235-1 Bathroom
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235-2 Kitchen
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235-2 Living Room
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235-2 Bedroom
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235-2 Bedroom
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235-2 Bedroom
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235-2 Bathroom - Downstairs
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235-2 Bathroom - Downstairs
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235-2 Bathroom, Upstairs
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235-2 Bathroom - Upstairs
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235-3 Carriage House
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235-3 Cathedral Ceiling
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235-3 Kitchen
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235-3 Living Room
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235-3 stairs to Bedrooms
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Hodgsons Brook
15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated November 23rd, 2024
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