Downtown Portsmouth Duplex - Residential & Retail Space

Multi-Family for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30827489
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,416 SF
Gross Building Area: See Agent
Sale Price: $859,000
Unit Price: $429,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2023

Overview / Comments

This is an investment opportunity of a lifetime to acquire a 2 unit property in Historic Downtown Portsmouth. Currently configured with a residential unit & a commercial storefront or office. The building has several large open rooms with surprisingly tall ceilings for a building of this era. Located in the heart of a booming & vibrant part of town. This prime location offers both street-frontage on Daniel Street, as well as rear access and off-street parking via Custom House Ln. The flexible CD4 zoning allows for a multitude of uses including apartments, single family, and commercial uses. The adjacent parcel & building at 95 Daniel street is also currently available for sale, these properties are being offered for sale as-is. Buyers to do their own due-diligence. Broker interest.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $7,014 (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 107-06
Zoning: CD4
Number of Stories: 2
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Description: Parking behind the building with access from Custom House Ln
Total Parking Spaces: 2

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,213 27,078 43,375
Median Age: 40.65 42.18 42.94
Households: 4,910 12,771 19,637

Contact

Photograph of Listing Agent

Sean Peters

KW Commercial at Keller Williams Coastal Realty
NECPE Member
© Copyright 2001-2023 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.