423 Court St, Portsmouth, New Hampshire, United States

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Home For Sale

$3,499,000

423 Court St
Portsmouth, New Hampshire, United States

6bd

Listed By: Realtyww Info

Listed On: 08/29/2024

Listing ID: GL11375578 View More Details

Description

Being sold with 19 Atkinston (mls 5011661). 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 Street Building : This well-maintained property features three one-bedroom units, each with a solid rental track record, offering immediate income potential. Court Street Building : This property includes 6 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