425 Middle Street

Sold Multi-Family
Catylist Listing ID: 30000363
Property Type: Multi-Family
Archived As: Sold

Overview / Comments

This is a fabulous 5-unit multi-family property in the Historic District of Portsmouth. Built in 1865 as a grand home for a single family, it remained as such for the next 75 years. In 1939 it was purchased by a young couple and converted to a five-family residence while retaining all the elegance of the original house. The main house was divided into four rental units, which have been meticulously cared for, and the rear ell was made into a small 2 bedroom unit for the owners. The current owner’s unit of 1800 SF, includes the original ell, plus a 4 room 2 story addition completed in 1958.
The historic quality of the main house can be seen in both its finishes and functions. Rooms have beautiful crown moldings, marble fireplaces and 10’ ceilings. The main entrance is a grand flight of granite steps to the double front doors. Inside is a foyer with double doors with glass panels leading into the main hall and a beautiful stairway going to the second floor. The current owner has maintained the spirit of the property with period wallpaper and as few physical changes as possible.
The owner’s unit has its own entrance. The first floor consists of a kitchen, half bath, living room and a large sunroom. Upstairs are three large bedrooms. The owners unit also has access to the third floor ballroom atop the main house. The ballroom remains much the same as when the last dance was held there prior to 1939.
There is a carriage house topped by a classic cupola. It has 3 bays for parking on the first level. The second level is completely open and offers potential development opportunity.
The buildings sit on .35 acre with a large backyard filled with lilacs, raspberries and an apple tree.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Taxing Authority: Portsmouth, NH
Tax ID/APN: Map 34 Lot 3
Zoning: MRO
Percent Occupied: 100%
Property Located Between: Directly across from Cabot Street
Highway Access: I-95. Get off at any of the Portsmouth exits and go to Route 1. Middle Street is Route 1 going through Portsmouth.
Airports: Pease 5 miles, Manchester 60 miles, Logan 60 miles
Site Description: Grass yard with shade trees and limited gardens
Area Description: Mixed residential commercial, on Route 1 at the gateway of downtown. This property is on the edge of Portsmouth's West End that is going through a renaissance.
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 3
Year Built: 1865
Year Renovated: 1958
Roof Type: Hip
Construction/Siding: Wood Siding
Exterior Description: Ornate flourishes typical of Victorian architecture along the roof line and at the front door.
Parking Type: Surface
Parking Description: 3 parking spaces in garage. Balance of parking in driveway
Total Parking Spaces: 9
Laundry: Laundromat Nearby
Sprinklers: None
Heat Type: Hot Water, Steam
Heat Source: Baseboard, Other
Fuel: Gas
Air Conditioning: Window Unit
Internet Access: Other
Interior Description: The older part of the house is steam and radiators. The newer section is baseboard hot water. Internet Access is individual.
Zoning Description: Mixed Residential and Office
Lot Frontage: 74
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Sidewalk easement in favor of the City of Portsmouth
Legal Description: See deed attachment

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,916 27,952 40,496
Median Age: 40.76 42.13 42.59
Households: 4,965 13,191 18,458

Contact

Photograph of Listing Agent

Wes Tator

eXp Realty, LLC
NECPE Member
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