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649 State, Portsmouth, NH 03801

4 Bed, 4 Bath Multi-Family Home For Sale

649 State, Portsmouth, NH 03801 House For Sale - MLS #4771592
$1,039,000
4
4
Multi-Family
4 Family
This listing is courtesy of Margaret Pesce from Great Island Realty LLC

Property Description for 649 State, Portsmouth, NH 03801

TREMENDOUS UP-SIDE ON THE RENTS! Excellent central location for this beautiful, historic multi-family. This is a rare opportunity to own an investment property in an antique home situated halfway between downtown and the West End, just a couple blocks from each! The building is home to four one-bedroom, one-bath apartments with high ceilings, hardwood floors and stunning ornate details throughout. The two first-level apartments have beautiful non-working fireplaces and all units have custom built-ins. Every unit has access to off-street parking! There is ample storage. Great rental history, great location, great opportunity! More ambitious investors could take advantage of the possible extra 1,300 square feet on the third level and expand. Conversion to condominiums is also a possibility from this versatile building. Be sure to view the attached video tour.

Interior Details

3,893 sq. ft.
$266.89/sq. ft.
12
Public
Public

Exterior Details

0.19 acres
8,276 sq. ft.
2
Direct Entry
1 Garage Spaces
Wood Frame
Brick; Fieldstone

Other Details

4771592
1900
$4,800

Units Description

Unit #1
Rooms: 3      Living Area: 970 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,400     

Unit #2
Rooms: 3      Living Area: 970 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,150     

Unit #3
Rooms: 3      Living Area: 970 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,200     

Unit #4
Rooms: 3      Living Area: 970 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,050     

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Monthly Mortgage Payments

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$6,573

Town Description

At the town's incorporation in 1653, it was named Portsmouth in honor of the colony's founder, John Mason. He had been captain of the port of Portsmouth, England, in the county of Hampshire, for which...

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