Direct: 603-964-1800 • Cell: 603-661-0061
Ross Hobin
1257 Washington Road
Rye, NH 03870

Direct: 603-964-1800 
Cell: 603-661-0061 

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649 State Street, Portsmouth, NH 03801

Multi-Family

$1,049,000
Price

4
Total Units
This stunning four-unit residence has a commanding presence situated on one of the prettiest corner lots in the emerging West End of downtown Portsmouth and is a truly rare find. Each apartment has one bedroom, a bathroom, kitchen and living room area. The apartments are light filled with floor to ceiling windows. The historic nature of this 1900 building has been lovingly preserved in both the interior and exterior features. Most notably, the gleaming hardwood floors and original moldings adorning each apartment and the common areas. Original built-in cabinets in each unit serve as a place for dishware, books or other personal treasures, providing character and grace as well as functionality in each unit. Each apartment has a storage unit located on site and unlike most apartments or condominiums in downtown Portsmouth, there is ample parking for 6 vehicles in the paved parking area adjacent to the house on the property. Moreover, there is ample expansion potential to the unfinished attic area for 2nd-floor units. The property has proven rental history and can continue to be maintained as four units or potentially converted into condominium units. Expansion potential up to 1300 SF in attic area to add additional bedrooms in both upper units. Condo conversion possibilities.
Open House
No scheduled Open Houses
Highlights
Property Type: Multi-Family
Total Units: 4
Foreclosed/Bank-Owned/REO: No
MLS #: 4726128
List Agent: Tony Jalbert
List Office: Tate & Foss Sotheby's International Rlty
Price - List: $1,049,000
Listing Status: Active
Basement: Yes
Zoning: GRC
Year Built: 1900
Total 1 BR Units: 4
Total Leases: 4
SqFt-Apx Total: 5,750
SqFt-Apx Total Finished: 3,893
Separate Utilities: Varies
Total Stories: 2
Seasonal: No
Interior
SqFt-Apx Unfn AG Source: Municipal
SqFt-Apx Unfn BG Source: Municipal
Basement Access Type: Interior
Total Rooms Above Ground: 12
Total Full Baths: 4
Total Heat Units: 1
SqFt-Apx Fin AG Source: Municipal
SqFt-Apx Fin BG Source: Municipal
Total Ranges: 4
Total Refrigerators: 4
Total Water Heaters: 2
SqFt-Apx Unfn Below Grade: 1,857
SqFt-Apx Fin Above Grade: 3,893.00
Basement Description: Unfinished
Cooling: None
Heat Fuel: Gas - Natural
Heating: Steam
Water: Public
Exterior
Color: White
Lot - Sqft: 8,276
Lot - Acres: 0.19
Garage: Yes
Flood Zone: No
Garage Type: Detached
Block: 000
Lot: 15
Total Gas Meters: 1
Road Frontage Length: 70
Total Electric Meters: 5
Garage Capacity: 1.00
Pre-Construction: No
Road Frontage: Yes
Construction Status: Existing
Construction: Wood Frame
Driveway: Paved
Exterior: Vinyl Siding
Garage Description: Direct Entry
Sewer: Public
Taxes
Deed - Book: 3677
Deed - Page: 2465
Map: 137
Assessment Year: 2019
Assessment Amount: $677,000
Surveyed: Unknown
Taxes TBD: Yes
Tax - Gross Amount: 10,724.00
School
School - District: Portsmouth
School - Elementary: Little Harbor School
School - Middle/Jr: Portsmouth Middle School
School - High: Portsmouth High School
Expenses
Cable Company: M2M
Electric Company: Eversource
Phone Company: Comcast
Gross Income: 59,400
Net Income: 34,869.00
Trash: Municipal
Additional
Covenants: No
Units
Total Rooms Apx Sqft Baths Bedrooms Deposit Info Lease Term Level Number Rental Agremnt Rental Amount Rental Amt Freq Tenant Pays
Unit 1 3 970 1 1 Month to Month 1 No 1,400.00 Electric
Unit 2 3 970 1 1 1 No 1,300.00 Electric
Unit 3 3 970 1 1 2 No 1,200.00 Electric
Unit 4 3 970 1 1 Month to Month 2 No 1,050.00 Electric
The listing office is Tate & Foss Sotheby's International Rlty and listing agent is Tony Jalbert. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Copyright(c) 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. RLS2000.com, Inc. and its subscribers disclaim any and all respresentations or warranties as to the accuracy of this information. The data was last modified on 12/18/2018 2:24:00 PM.



Coldwell Banker Hobin Realty LLC   Ross Hobin
Coldwell Banker Hobin Realty LLC
1257 Washington Road • Rye, NH 03870 Map it
Direct: 603-964-1800 • Cell: 603-661-0061
[email protected]

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