Bought with Kelley Foster Kage • Peter Russell & Associates
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56 Cass Street Portsmouth, NH 03801
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Conversion
Listing Status Sold
Purchase Type For Sale
Square Footage 2,277 sqft
Price per Sqft $285
MLS Listing ID 4494714
Sold Date 08/09/16
Style Conversion
Bedrooms 4
Full Baths 3
Construction Status Existing
Year Built 1900
Annual Tax Amount $6,365
Tax Year 2015
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Conversion
Property Description
Portsmouth -- short walk to Market Square, the waterfront, and dozens of fantastic restaurants. This 3-unit income-producing rental property is an ideal owner-occupied opportunity. Boasting six off-street parking spaces and a very rare, private, green space/fenced courtyard/patio area with storage shed. Inside, you will find nicely updated, spacious units including modern kitchens, baths, and appliances. Separate utilities including Rinnai natural gas heating units, and individually metered electrical. New asphalt driveway, vinyl windows, and updated doors/hardware; modern roof and vinyl siding. Washer and dryer included in each apartment. Unit 1 is a 2BR, rents for $1550 a month. Unit 2 is an oversized 1BR and rents at $1150. Unit 3 is a large 1BR with master bath and huge living room, currently owner-occupied. (Unit 2 and 3 could potentially rent for $1500+ as current rents are under market. Total gross annual income projection at $57,000 if all 3 units were rented at market values).
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning GRC
Rooms
Basement Full, Unfinished
Interior
Heating Electric, Gas - Natural
Flooring Carpet, Vinyl
Exterior
Exterior Feature Vinyl
Garage Description On-Site, Parking Spaces 6+
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Brick, Concrete, Stone
Sewer Public
Water Public
Construction Status Existing
Schools
Middle Schools Portsmouth Middle School
High Schools Portsmouth High School
School District Portsmouth
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