NOT LISTED FOR SALE
7 Beds
6 Baths
4,486 Sq Ft
9,148 Sq Ft Lot

Last Sold June 30, 2022

Last sale price $1,500,000 $334 Per Sq Ft

2 Days on Market

Highlights

  • Greek Revival Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Little Harbour School Rated A
  • Covered Patio or Porch
  • 3-minute walk to Rye Harbor State Park

About This Home

As of June 2022

SIX UNIT MULTI FAMILY--A handsome Greek Revival structure in quiet, absolutely prime location just steps away from the heart of Portsmouth. The property is in good condition, fully occupied and offers a new owner lots of opportunity. Each unit has mostly hardwood or wide pine floors and there is some original period intact detail such as non-functioning fireplaces with lovely mantels. Rents are all below market. Owner pays heat and hot water. Tenants pay electricity. Electrical is separate and updated. Ample, paved parking in rear for at least seven cars. Coin-operated laundry. SHOWINGS START Open House by appointment only May 11, 10AM-12:30PM. May 14 Open House is cancelled.

Last Agent to Sell the Property

John Rice

Tate & Foss Sotheby's International Rlty License #005000 Listed on: 05/09/2022

Tate & Foss Sotheby's International Rlty

Last Buyer's Agent

Samuel Auffant

KW Coastal and Lakes & Mountains Realty License #069269

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,463

Year Built

  • Built in 1850

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Greek Revival Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 6 Full Bathrooms
  • 4,486 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 510 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Little Harbor Elementary School
  • Portsmouth Middle School
  • Portsmouth High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Gas Available
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 022
  • 15% Total Tax Rate

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $22,115
  • Gross Income $82,200
  • Net Operating Income $60,085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,463

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Greek Revival
  • Directions: On State Street directly opposite Haven School condominiums near intersection with Summer Street.
  • Assessment Amount: 762700
  • Assessment Year: 2021
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 334.37
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4844
  • Sq Ft - Apx Total Finished: 4486
  • Year Built: 1850
  • List Agent: 15569
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Wood
  • Total Rooms Above Ground: 19
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Full, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4486
  • Sq Ft - Apx Unfinished BG: 358

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater, Hot Water
  • Electric Company: Eversource
  • Total Electric Meters: 7
  • Total Gas Meters: 1
  • Total Heat Units: 2
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 1
  • Utilities: Cable, Gas - On-Site, Internet - Cable, Phone

Schools

  • Elementary School: Little Harbor School
  • High School: Portsmouth High School

Lot Info

  • Map: 127
  • Lot: 022
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: Level, Sidewalks, Sloping
  • Surveyed: Unknown
  • Zoning: GRC
  • Deed Book: 3334
  • Deed Page: 2670
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 82200
  • Net Income: 60085
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Rate: 15.03
  • Tax Gross Amount: 11463
  • Tax Year: 2022

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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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
06/30/2022 06/30/22 Sold $1,500,000 +0.3% $334 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,495,000 -- $333 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4908743

PrimeMLS