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  • Listed by: 

    Andrew Samonas,

    Samonas Realty, LLC 603-319-8100

    $887,000

    425 Islington Street, Portsmouth, NH 03801

    4beds
    2,058sqft
    Multi Family
    Built in 1840
    -- sqft lot
    $1,046,700 Zestimate®
    $431/sqft
    $4,160 Estimated rent

    What's special

    A phenomenal 4-unit sitting in the core of Downtown Portsmouth where investor returns are bolstered by strong rents, extremely low vacancy, and stellar property appreciation. Tasteful updates make this property seamless to purchase and maintain. Low threshold for upkeep with vinyl siding, small driveways shoveled by tenants, and new appliances - this is really a set it and forget it type of asset. With new streetscapes, improved sidewalks, and connectivity throughout all of the West End and into Downtown, you will reap the benefits of the City's recent investment in infrastructure and traffic calming efforts. Come see why these units and this asset would sit nicely into any portfolio or how you can take advantage of an owner-occupied loan and create some impressive equity for yourself. First showings will be during the OH: Thursday (7/13) 4:30-6:30pm, Friday (7/14) 4-6pm, and Saturday 10-12pm. All financial info is included with the listing.

    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2023 at 11:08am

    Listed by:

    Andrew Samonas,

    Samonas Realty, LLC 603-319-8100

    Bought with:

    Andrew Welch

    KW Coastal and Lakes & Mountains Realty/Portsmouth

    Erin Proulx

    KW Coastal and Lakes & Mountains Realty/Portsmouth

    Source: PrimeMLS,MLS#: 4960831MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Hot Air
    Cooling
    • None
    Features
    • Basement: Apartment,Full,Unfinished,Interior Entry
    Interior area
    • Total structure area: 3,146
    • Total interior livable area: 2,058 sqft
    • Finished area above ground: 2,058

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, On Street, Parking Spaces 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Frontage length: Road frontage: 40
    Lot
    • Size: 2,614 sqft
    • Features: City Lot, Curbing, Level
    Details
    • Zoning description: CD4-L2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Brick/Mortar, Concrete, Block w/ Skim Coating
    • Roof: Shingle - Asphalt,Shingle - Fiberglass,Shingle - Other
    Condition
    • New construction: No
    • Year built: 1840

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Internet - Cable

    Community & neighborhood

    Location
    • Region: Portsmouth
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,046,700
    2% more+ $20,934
    With Zillow Showcase(estimated)
    $1,067,634