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.
Closed
Listed by:
Andrew Samonas,
Samonas Realty, LLC 603-319-8100
Bought with: KW Coastal and Lakes & Mountains Realty/Portsmouth
$887,000
425 Islington Street, Portsmouth, NH 03801
4beds
2,058sqft
Multi Family
Built in 1840
-- sqft lot
$1,058,100 Zestimate®
$431/sqft
$4,166 Estimated rent
Owner options
What's special
Zillow last checked: 8 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#: 4960831
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Hot Air
Cooling
- None
Appliances
- Included: Natural Gas Water Heater
Features
- Basement: Full,Unfinished,Interior Entry
Interior area
- Total structure area: 3,146
- Total interior livable area: 2,058 sqft
- Finished area above ground: 2,058
- Finished area below ground: 0
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, Concrete, Block w/ Skim Coating
- Roof: Asphalt Shingle,Fiberglass Shingle,Other Shingle
Condition
- New construction: No
- Year built: 1840
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Portsmouth
Other
Other facts
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,058,100
2% more+$21,162
With Zillow Showcase(estimated)$1,079,262