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  • 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

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    What's special

    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.

    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#: 5003887MLS Logo

    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