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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$2,987,000

MLS# 5015120
4577 sq.ft. Bedroom | 0 Bathroom
Multi Family
201 - 235 Cate Street Portsmouth NH 		 
$2,987,000 | $653 per sq.ft. | MLS# 5015120 A 6  Unit Multi Family Home, 201 - 235 Cate Street Portsmouth NH With 3 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units

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. Appliances : Water Heater–Natural Gas

Annual Expenses
Taxes: $18,000 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 600
Level: 2-A
Info : Appliances Included,CO Detector,Cooktop - Gas,Heat - Natural Gas,Range - Gas,Refrigerator,Smoke Detector
Tenant Pays : Electric,Heat
Rent : 1200.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 600
Level: 2-B
Style : 201-B - Apartment
Info : Appliances Included,CO Detector,Cooktop - Gas,Heat - Natural Gas,Range - Gas,Refrigerator,Smoke Detector
Tenant Pays : Electric,Heat
Rent : 1200.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 940
Level: 1
Style : 235-1, 2 story
Rent : 1100.00 Monthly
Status : Month to Month
UNIT 5 INFORMATION

Beds: 2
Baths: 2
Rooms: 7
Sq.Ft.: 940
Level: 1
Style : 235-2, + office
Info : Appliances Included,CO Detector,Cooktop - Gas,Heat - Natural Gas,Laundry Hookup,Mudroom,Range - Gas,Refrigerator,Smoke Detector
Rent : 2200.00 Monthly
Signed Lease : No
UNIT 6 INFORMATION

Beds: 3
Baths: 1
Rooms: 6
Sq.Ft.: 1181
Level: 1
Style : 235-3, Carriage House/Barn
Info : Appliances Included,CO Detector,Cooktop - Gas,Dishwasher,Heat - Natural Gas,Range - Gas,Refrigerator,Smoke Detector
Rent : 2400.00 Monthly
Signed Lease : No
Status : Month to Month

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 652.61 | Year Built: 1998
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Wooded | Near Shopping | Near Hospital
Avail.Sq.Ft.: 5
Livable Space: 4577
Above Grade Sq.Ft.: 4577
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
Lot size: 0.71 acres
Zoned: GRA
Surveyed: Yes
Flood Zone: No
Seasonal: No
Garage And Parking: Driveway | Off Street | On-Site | Parking Spaces 11 - 20 | Paved
Roads: Paved | Public
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Deed | Property Disclosure | Survey
Taxes $18,000  | Assesed Value $0 in
SCHOOLS
School District: Portsmouth
Elementary School: Little Harbor School
Middle School: Portsmouth Middle School
High School: Portsmouth High School
  • 201 & 235 Aerial View 22167606 201 & 235 Aerial View
  • 22174719
  • 22174840
  • 22174841
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  • 22174283
  • 201 & 235 Street View 22167607 201 & 235 Street View
  • 201 Cate Street 22167608 201 Cate Street
  • 22174465
  • 201 Cate, Business and 2 1-Bedrooms Upstairs 22167609 201 Cate, Business and 2 1-Bedrooms Upstairs
  • Salon 22180679 Salon
  • 22180686
  • 22180680
  • 22180687
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  • 201-A and B each have a private entrance 22167610 201-A and B each have a private entrance
  • 201 Kitchen 22167611 201 Kitchen
  • Living Room 22167612 Living Room
  • Bedroom 22167613 Bedroom
  • Bathroom 22167614 Bathroom
  • Bathroom 22167615 Bathroom
  • 22174462
  • 22167617
  • 22174461
  • 235-1 Front Entrance 22167618 235-1 Front Entrance
  • 235-1 Livingroom 22167619 235-1 Livingroom
  • 235-1 Living Room 22167620 235-1 Living Room
  • 235-1 Kitchen 22167621 235-1 Kitchen
  • 235-1 Bedroom 22167622 235-1 Bedroom
  • 235-1 Bedroom 22167623 235-1 Bedroom
  • 235-1 Bathroom 22167624 235-1 Bathroom
  • 235-2 Kitchen 22167625 235-2 Kitchen
  • 235-2 Living Room 22167626 235-2 Living Room
  • 235-2 Bedroom 22167627 235-2 Bedroom
  • 235-2 Bedroom 22167628 235-2 Bedroom
  • 235-2 Bedroom 22167629 235-2 Bedroom
  • 235-2 Bathroom - Downstairs 22167630 235-2 Bathroom - Downstairs
  • 235-2 Bathroom - Downstairs 22167631 235-2 Bathroom - Downstairs
  • 235-2 Bathroom, Upstairs 22167632 235-2 Bathroom, Upstairs
  • 235-2 Bathroom - Upstairs 22167633 235-2 Bathroom - Upstairs
  • 235-3 Carriage House 22174463 235-3 Carriage House
  • 22174464
  • 22167635
  • 235-3 Cathedral Ceiling 22167638 235-3 Cathedral Ceiling
  • 22246926
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  • 235-3 stairs to Bedrooms 22167639 235-3 stairs to Bedrooms
  • 22167640
  • 22167641
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  • 22175242
  • 22175243
  • 22175244
  • 22175245
  • 22175246
  • 22175247
  • 22175248
  • 22175249
  • 22174839
  • Hodgsons Brook 22167645 Hodgsons Brook
15 Buck Rd. Hanover, NH 03755 603-643-3942

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