201-235 Cate Street, Unit 201A B C & 2351 2 3

Portsmouth, NH 03801

$2,987,000
Price
8
Beds
8
Baths
4,577 Sq. Ft.
$653 / Sq. Ft.
4,577
Sq. Ft.
$653
per Sq. Ft.

Description

A rare opportunity in Portsmouth! We are pleased to present this 2-parcel investment property in a prime location! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson’s Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. All units have been meticulously maintained by a...A rare opportunity in Portsmouth! We are pleased to present this 2-parcel investment property in a prime location! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson’s Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. All units have been 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 and 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.
  1. Listed by Janet Carroll • BHHS Verani Seacoast • Cell: 603-828-2998
  2. Listed by Roxanne Barnes • BHHS Verani Seacoast

Property Details for 201-235 Cate Street, Unit 201A B C & 2351 2 3

Parking
Driveway, Off Street, On-Site, Parking Spaces 11 - 20, Paved
Zoning
GRA
LISTING UPDATED: 10/11/2024 09:06 PM

Property Details for 201-235 Cate Street, Unit 201A B C & 2351 2 3

StatusActive
MLS #5015120
Days on Market48
Taxes$18,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1998
Lot Size0.71 AC / 30,927 SF
CountyRockingham County

Building Information for 201-235 Cate Street, Unit 201A B C & 2351 2 3

Stories2Residences6Year Built1998Building Size-Lot Size0.71 AC / 30,927 SF

Property Information for 201-235 Cate Street, Unit 201A B C & 2351 2 3

Summary
Location and General Information
  • Area Description: Near Hospital, Near Shopping
  • City: Portsmouth
  • County: NH-Rockingham
  • Directions: GPS
  • Latitude: 43.070573502656231
  • Longitude: -70.775464114086148
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 0163
  • Zip Code: 03801
Taxes and HOA Information
  • Tax Year: 2023
  • Taxes TBD: No
School Information
  • School - High: Portsmouth High School
  • School - District: Portsmouth
  • School - Elementary: Little Harbor School
  • School - Middle/Jr: Portsmouth Middle School
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 0031 & 0032
  • Lot: 31 & 32
  • Lot - Sqft: 30928.0
  • Lot Features: City Lot, Wooded
  • Lot Size Acres: 0.71
  • Square Feet Apx Finished Above Grade: 4577.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 7573.0
  • Square Feet Apx Total Finished: 4577.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 2996.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete, Other
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1998
Utilities
  • Electric: 200 Amp
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available, Gas - On-Site
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roads: Paved, Public
  • Roof: Shingle
  • Total Ranges: 5
Interior Features
  • Appliances: Water Heater–Natural Gas
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Concrete Floor, Dirt, Exterior Access, Gravel, Interior Access, Stairs - Interior
  • Total Full Baths: 8
  • Heat Fuel: Gas - Natural
  • Heating: Gas Heater
  • Cooling: Central AC, Individual, Wall AC Units
  • Total Refrigerators: 5
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $164,700.00
  • Net Income: $158,028.00
  • Operating Expense Incl: Insurance, Water/Sewer
  • Operating Expense: $6,672
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 3
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Style: 201-A - Apartment
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 2-A
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Apx Sqft: 600.0
  • Unit 1 Rooms: 4
  • Unit 1 Rental Amount: $1,200.00
  • Unit 1 Tenant Pays: Electric, Heat
  • Unit 1 Info: Appliances Included, CO Detector, Cooktop - Gas, Heat - Natural Gas, Range - Gas, Refrigerator, Smoke Detector
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Style: 201-B - Apartment
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2-B
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Apx Sqft: 600.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,200.00
  • Unit 2 Info: Appliances Included, CO Detector, Cooktop - Gas, Heat - Natural Gas, Range - Gas, Refrigerator, Smoke Detector
  • Unit 2 Tenant Pays: Electric, Heat
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 2
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 1-C
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Style: 201-C - Salon Business w/AC
  • Unit 3 Apx Sqft: 1428.0
  • Unit 3 Bedrooms: 0
  • Unit 3 Rental Amount: $5,625.00
  • Unit 3 Info: CO Detector, Heat - Natural Gas, Laundry Hookup, Smoke Detector
  • Unit 3 Tenant Pays: Electric, Heat
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: 235-1, 2 story
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Apx Sqft: 940.0
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $1,100.00
  • Unit 4 Tenant Pays: Electric, Heat
Unit 5
  • Unit 5 Rental Agreement: No
  • Unit 5 Level Number: 1
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Month to Month
  • Unit 5 Style: 235-2, + office
  • Unit 5 Baths: 2
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 7
  • Unit 5 Apx Sqft: 940.0
  • Unit 5 Lease Term: Month to Month
  • Unit 5 Rental Amount: $2,200.00
  • Unit 5 Info: Appliances Included, CO Detector, Cooktop - Gas, Heat - Natural Gas, Laundry Hookup, Mudroom, Range - Gas, Refrigerator, Smoke Detector
  • Unit 5 Tenant Pays: Electric, Heat
Unit 6
  • Unit 6 Rental Agreement: No
  • Unit 6 Lease Term: Month to Month
  • Unit 6 Level Number: 1
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 3
  • Unit 6 Rooms: 6
  • Unit 6 Apx Sqft: 1181.0
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Month to Month
  • Unit 6 Style: 235-3, Carriage House/Barn
  • Unit 6 Rental Amount: $2,400.00
  • Unit 6 Info: Appliances Included, CO Detector, Cooktop - Gas, Dishwasher, Heat - Natural Gas, Range - Gas, Refrigerator, Smoke Detector
  • Unit 6 Tenant Pays: Electric, Heat
Rental
Rent Information
  • Total Leases: 0

Property History for 201-235 Cate Street, Unit 201A B C & 2351 2 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 201-235 Cate Street, Unit 201A B C & 2351 2 3

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
New Franklin School
Public - K to 5
Portsmouth Middle School
Public - 6 to 8
Portsmouth High School
Public - 9 to 13
St Patrick School
Private - PK to 8
Rating
School
Distance
New Franklin School
PublicK to 5

Portsmouth Middle School
Public6 to 8

Portsmouth High School
Public9 to 13

St Patrick School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 201-235 Cate Street, Unit 201A B C & 2351 2 3, Portsmouth, NH 03801

201-235 Cate Street, Unit 201A B C & 2351 2 3 is a multi-family home for sale in Portsmouth, NH 03801. This property was listed for sale on September 13, 2024 by BHHS Verani Seacoast, it's currently listed at $2,987,000. This listing's school district is Portsmouth School District. Nearby schools include New Franklin School, Portsmouth Middle School and Portsmouth High School. 201-235 Cate Street, Unit 201A B C & 2351 2 3 is a 8-bed, 8-bath, 4,577 sqft multi-family home built in 1998.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Verani Seacoast

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/31/2024 09:33 PM