NOT LISTED FOR SALE
5 Beds
6 Baths
4,650 Sq Ft
6,970 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $970,000 $209 Per Sq Ft

21 Days on Market

Highlights

  • Covered Patio or Porch
  • Hot Water Heating System
  • 1-minute walk to Rye Harbor State Park
  • Little Harbour School Rated A

About This Home

As of December 2020

A rare 6 unit INVESTMENT OPPORTUNITY! This stately 1810 Federal style is situated on a nice sized downtown Portsmouth lot, on the corner of Austin and Summer Streets. A spacious 4,650 SF with current unit configurations as follows: one 2-bed 1-bath unit, three 1-bed 1-bath units, and two 2-room studios. As-is income potential estimate is around $80,000. 85 Austin Street has beautiful original historic features that can add great value with the right vision! Possible condo conversion with ample parking on site. This location is unbeatable, incredibly close to all that downtown Portsmouth has to offer, yet situated on quiet Austin Street - just a few blocks to Market Square and all of the action! Showings to start Tuesday, 9/22.

Last Agent to Sell the Property

Erin Proulx

KW Coastal and Lakes & Mountains Realty/Portsmouth License #065185 Listed on: 09/18/2020

KW Coastal and Lakes & Mountains Realty/Portsmouth

Last Buyer's Agent

Michael Whitney

KW Coastal and Lakes & Mountains Realty License #056048

KW Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,848

Year Built

  • Built in 1810

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 4,650 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Gravel Driveway

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 Oil

Community Details

  • 6 Units
  • Gross Income $67,200

Listing and Financial Details

  • Tax Block 0025
  • 15% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,848

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: At the intersection of Austin St and Summer St
  • Assessment Amount: 730000
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 208.6
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6124
  • Sq Ft - Apx Total Finished: 4650
  • Property Type: Multi-Family
  • Year Built: 1810
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4650
  • Sq Ft - Apx Unfinished BG: 1474

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Parking Spaces 6+

Utilities

  • Sewer: Public
  • Water: Public
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Varies

Schools

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

Lot Info

  • Map: 0127
  • Lot: 0000
  • Lot Sq Ft: 6970
  • Lot Acres: 0.16
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: GRC
  • Deed Book: 4556
  • Deed Page: 0648
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 67200
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Rate: 14.86
  • Tax Gross Amount: 10848
  • Tax Year: 2019

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
12/18/2020 12/18/20 Sold $970,000 -11.8% $209 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $1,100,000 -- $237 / 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: 4829442

PrimeMLS