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Home For Sale

Picture of Home For Sale in Portsmouth, New Hampshire, United States

$3,499,000

19 Atkinson St
Portsmouth, New Hampshire, United States

3bd

Listed By: Realtyww Info

Listed On: 08/29/2024

Listing ID: GL11376425 View More Details

Description

Being sold with 423 Court St (mls 5011667). Take this opportunity to invest in 2 multifamily buildings in one of Portsmouths best locations. These strategically positioned properties offer compelling investment prospects, with strong rental histories and potential for growth. Atkinson St Building : This well-maintained property features three one-bedroom units, each with a solid rental track record, offering immediate income potential. Court St Building : This property includes six units, with two currently vacant, presenting a prime opportunity for value enhancement. A coin-operated laundry serves both buildings, adding convenience and value for tenants. Both buildings share four parking spots, currently assigned to existing tenants based on seniority, with future flexibility for reallocation. Investing in Portsmouth means capitalizing on a thriving real estate market that combines immediate rental income with significant potential for future appreciation. The city's strong rental demand, driven by its appealing lifestyle and prime location, ensures that these properties are well-positioned for continued success. Enhancing the vacant units and adjusting rental rates offers an opportunity to maximize returns and further capitalize on Portsmouths growth. Dont miss out on this prime investment opportunity in Portsmouths dynamic real estate market. Schedule a showing and discover how these multifamily buildings can become valuable assets in your investment portfolio.

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Listed by: Joe Leddy
Source: The World Property Journal

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