NH > Portsmouth
Portsmouth, NH 03801,235 Cate ST #235-1, 235-2, 235-3
Portsmouth, NH 03801,235 Cate ST #235-1, 235-2, 235-3
Portsmouth, NH 03801,235 Cate ST #235-1, 235-2, 235-3
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Kathy Snyder

Kathy Snyder

+1(603) 557-8599
Listed by Janet H Carroll • BHHS Verani Seacoast • Cell: 603-828-2998
$2,987,000
Est. payment /mo
6 Beds
4 Baths
3,061 SqFt
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UPDATED:

10/11/2024 09:10 PM

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

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

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Kathy Snyder

+1(603) 557-8599

Broker | License ID: 056282

Broker License ID: 056282

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