NOT LISTED FOR SALE

201 Echo Ave Portsmouth, NH 03801

Woodbury-Maplewood Neighborhood
6 Beds
1 Bath
3,363 Sq Ft
0.34 Acres

Last Sold September 15, 2017

Last sale price $725,000 $216 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • 1 Car Garage
  • New Franklin School Rated A
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of September 2017

Turn key, 4 Unit multi family property. Excellent investment opportunity that provides solid returns. Recently renovated. New roof, updated systems and mechanicals, separate utilities, abundant parking, common area green space, one car garage. Selection of units boast granite counter tops, custom tiled showers, hard wood floors, polished concrete floors, exposed beams, and private deck area. Strong rental history. All units currently leased.

Last Agent to Sell the Property

Jeffrey Mountjoy

The Aland Realty Group License #052524 Listed on: 07/29/2017

The Aland Realty Group

Last Buyer's Agent

Samuel Marino

KW Coastal and Lakes & Mountains Realty License #067532

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Lot Sloped Up

Parking

  • 1 Car Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Concrete
  • Tile

Schools

  • New Franklin Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Liquid Propane Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Block 0057
  • 17% Total Tax Rate

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Gross Income $65,400
  • Net Operating Income $54,350

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,404

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Downtown Portsmouth take Maplewood Avenue to Woodbury Ave. Turn Left on to Echo Ave. Property at end of street on left. Sign on property.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 215.58
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4299
  • Sq Ft - Apx Total Finished: 4299
  • Year Built: 1940
  • List Agent: 13080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Concrete, Hardwood, Tile
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 3363
  • Sq Ft - Apx Finished BG: 936

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Fence - Partial

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1 - 10
  • Garage: Yes
  • Garage Type: Under

Utilities

  • Cable Company: Fairpoint
  • Electric: Circuit Breaker(s)
  • Fuel Company: P.Gagnon & Sons
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Water
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Gas Meters: 4
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Internet - Cable

Condo/Co-op/Association

  • Management Company: Self Managed

Schools

  • Elementary School: New Franklin School
  • High School: Portsmouth High School

Lot Info

  • Map: 237
  • Lot: 000
  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: Landscaped
  • Zoning: GB
  • Deed Book: 5726
  • Deed Page: 1195
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 65400
  • Net Income: 54350
  • Total Full Baths: 1
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 17.04
  • Tax Gross Amount: 7404
  • Tax Year: 2016

MLS Schools

  • School District: Portsmouth
  • School Middle Jr: Portsmouth Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2017 09/15/17 Sold $725,000 0.0% $216 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $725,000 +68.6% $216 / Sq Ft
07/31/2015 07/31/15 Sold $430,000 -12.2% $147 / Sq Ft View Prior Sale
04/27/2015 04/27/15 Pending -- -- --
06/24/2014 06/24/14 For Sale $489,900 -- $168 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Mountjoy

    Seller's Agent in 2017

    Jeffrey Mountjoy

    The Aland Realty Group

    (603) 674-1002

    5 in this area

    170 Total Sales

    Jeffrey Mountjoy
    Section Image

  • S

    Buyer's Agent in 2017

    Samuel Marino

    KW Coastal and Lakes & Mountains Realty

    Section Image
  • Nancy Beveridge

    Seller's Agent in 2015

    Nancy Beveridge

    Coldwell Banker Realty Portsmouth NH

    (603) 765-2663

    1 in this area

    97 Total Sales

    Nancy Beveridge
    Section Image
  • Todd Hudson

    Buyer's Agent in 2015

    Todd Hudson

    Red Post Realty

    (603) 691-3945

    1 in this area

    63 Total Sales

    Todd Hudson
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4650329

PrimeMLS
New Hampshire Rockingham County Portsmouth 03801 Woodbury-Maplewood

201 Echo Ave, Portsmouth, NH

Not Listed for Sale

MultiFamily

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