235 Cate ST #235-1, 235-2, 235-3 Active Save Request In-Person Tour Request Virtual Tour
Portsmouth,NH 03801
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,061 sqft
Price per Sqft $975
MLS Listing ID 5014195
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1998
Annual Tax Amount $18,000
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
A rare opportunity in Portsmouth! This 2-parcel investment property is in a prime location! 201 Cate Street (MLS #5014191) & 235 Cate Street 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 apartment and a business rental...please note: owners have not made a market adjustment for rents in many years. (Refer to the Average Rents Doc) All units 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 & 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.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning GRA
Rooms
Basement Entrance Interior
Basement Concrete,Concrete Floor,Dirt,Gravel,Stairs - Interior,Interior Access,Exterior Access
Interior
Heating Gas - Natural
Cooling Central AC,Wall AC Units,Individual
Basement Type Concrete,Concrete Floor,Dirt,Gravel,Stairs - Interior,Interior Access,Exterior Access
Exterior
Garage Description Driveway,Off Street,On-Site,Parking Spaces 11 - 20,Paved
Utilities Available Cable - Available,Gas - On-Site
Roof Type Shingle
Building
Story 2
Foundation Concrete,Other
Sewer Public
Construction Status Existing
Schools
Elementary Schools Little Harbor School
Middle Schools Portsmouth Middle School
High Schools Portsmouth High School
School District Portsmouth