Welcome to 366 Broad St, a rare multi-family offering in the heart of Little Harbor. This magnificent property, being presented to the market for the first time since 1964, embodies charm, versatility & exceptional investment potential. Situated on an impressive .85-acre lot, this 7 unit property is comprised of a turn-of-the-century main home with an attached carriage house, a detached single-family residence & a 4-car garage/outbuilding. Totaling 5,194 sq ft of finished living space, the main building has three 2-bedroom, 1-bath units & three 1-bedroom, 1-bath units. The detached home is a 2-bedroom, 1-bath residence, perfect for additional rental income or private use. The owners have chosen to keep tenants in place with rents below market rates to foster long-term tenant relationships, resulting in low turnover. Currently, with several units vacant due to the property coming to market, there is a prime opportunity for new ownership to enhance units & potentially raise rents to market rates. Beyond its current use as a multi-unit rental property, the expansive lot size invites consideration for alternative development possibilities. Located just moments from Downtown Portsmouth, this property offers unparalleled convenience to the city’s vibrant shops, restaurants & cultural amenities. This is a rare opportunity to acquire a 7-unit property of this caliber with substantial lot size & proximity to downtown—a true gem in Portsmouth’s real estate market.
Closed
Listed by:
Emil Uliano,
Great Island Realty LLC 603-433-3350
Bought with: Duston Leddy Real Estate
$2,050,000
366 Broad Street, Portsmouth, NH 03801
11beds
5,194sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$395/sqft
$4,196 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 18, 2024 at 11:22am
Listed by:
Emil Uliano,
Great Island Realty LLC 603-433-3350
Bought with:
Sam Harding
Duston Leddy Real Estate
Source: PrimeMLS,MLS#: 5003887
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas, Hot Water
Cooling
- None
Appliances
- Included: Natural Gas Water Heater
Features
- Flooring: Wood
- Basement: Bulkhead,Unfinished,Interior Access,Interior Entry
Interior area
- Total structure area: 5,194
- Total interior livable area: 5,194 sqft
- Finished area above ground: 5,194
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Paved, Driveway, On Site
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: 2.5
- Patio & porch: Covered Porch
- Fencing: Partial
Lot
- Size: 0.84 Acres
- Features: Open Lot, Near Shopping
Details
- Parcel number: PRSMM0221B0068L
- Zoning description: GRA
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Carriage,New Englander
- Property subtype: Multi Family
Materials
- Clapboard Exterior, Vinyl Siding
- Foundation: Brick, Concrete, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable at Site, Gas On-Site
Community & neighborhood
Location
- Region: Portsmouth
Other
Other facts
- Road surface type: Paved