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366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
366 Broad Street
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$2,050,000

366 Broad Street

11 Beds 7 Baths 5,194 Sq.Ft.

Description

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.

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Location

366 Broad Street, Portsmouth, NH 03801

Status

Sold
Emil  Uliano

Emil Uliano

TITLE

REALTOR®

Property Amenities

Interior
Flooring Wood
Total Bedrooms: 11
Area & Lot
Total area 5,194 Sq.Ft.
Lot Area 0.84 Acres
Living area 5,194 Sq.Ft.
MLS® ID 5003887
Year Built 1900
School District Portsmouth
High School Portsmouth High School
Middle School Portsmouth Middle School
Elementary School Little Harbor School
Type Multi-Family
Status Sold
Exterior
Air conditioning None
Heat type Natural Gas, Hot Water
Garage Space 4.0
Sewer Public
Roof Shingle
Finance
Sales Price $2,050,000
Real Estate Tax $15,535 yearly

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