Multi-Family Home for Sale: 235 Cate Street #235-1, 235-2, 235-3, Portsmouth, NH 03801

3,061 sqft
$3,125,000
$3,125,000
235 Cate Street #235-1, 235-2, 235-3, Portsmouth, NH 03801
3,061 sqft
$3,125,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Virtual Tour
Floor Plans
Walk Score
64
Price:
$3,125,000

Type: Multi-Family
Style: Carriage, Other, Multi-Family, Colonial
Square Feet: 3,061 sqft
Lot Size: 0.29 acres
Year Built: 1998
Taxes Paid: $8,104

City: Portsmouth
County: Rockingham
School District: Portsmouth

MLS: 4922331
Status: Active
DOM: 66 days
Listed by BHHS Verani Seacoast, Janet Carroll & Mo Seiler
A rare opportunity in Portsmouth! This 2-parcel investment property is in a prime location! 201 Cate Street and 235 Cate Street are being SOLD TOGETHER! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to the Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson’s Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. (Refer to Rental Potentials Stats Doc) All units meticulously maintained by a master-licensed and hands-on landlord/owner. The three buildings have been renovated and updated with highly efficient heating systems, building materials, and quality craftsmanship. The Carriage-House/Barn was totally uplifted and rebuilt into a glorious single-family 3-bedroom, 1-bath home with cathedral ceilings and beautiful hardwood beams. The main home on this property has been converted to two units, with a 2-bedroom + office, 2-bath on one side, and a 1-bedroom, 1-bath, 2-story unit on the other. Both units have their own entrances and highly sought-after parking spaces. The adjacent lot features a business on the 1st floor with two 1-bedroom apartments above, each with their own separate entrances consisting of wide hardwood staircases, and views of Hodgson’s Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.

Virtual Tours for 235 Cate Street Portsmouth, NH

Lot & Building Features

Utilities: Cable - Available, Internet - Cable, Gas - On-Site
Construction: Wood Frame
Cooling: Central AC, Wall AC Units, Individual
Heat Source: Gas - Natural
Heating: Gas Heater
Parking Description: Driveway, Paved, Parking Spaces 11 - 20, On-Site, Off Street
Sewer: Public
Tax Year: 2021
Taxes Paid: $8,104
Water: Public
Water Heater: Gas - Natural
Basement Description: Concrete, Stairs - Interior, Interior Access, Gravel, Exterior Access, Dirt, Concrete Floor
Foundation: Concrete, Other
Lot Description: City Lot, Wooded
Roof: Shingle
Exterior: Vinyl Siding
Garage: No

Community and Schools

Elementary School: Little Harbor School
Junior High School: Portsmouth Middle School
Senior High School: Portsmouth High School

Unit Features

Unit 1 Apx Sqft: 940
Unit 1 Baths: 1
Unit 1 Bedrooms: 1
Unit 1 Info: Appliances Included, Smoke Detector, Refrigerator, Range - Gas, Heat - Natural Gas, Cooktop - Gas, CO Detector
Unit 1 Lease Term: Annual
Unit 1 Level Number: 235-1
Unit 1 Rental Agreement: Yes
Unit 1 Rental Amount: 1100.00
Unit 1 Rental Amt Freq: Monthly
Unit 1 Rooms: 4
Unit 1 Status: Leased
Unit 1 Style: 235-1 - 2 story apartment
Unit 1 Tenant Pays: Electric, Heat
Unit 2 Apx Sqft: 940
Unit 2 Baths: 2
Unit 2 Bedrooms: 2
Unit 2 Info: Appliances Included, Smoke Detector, Refrigerator, Range - Gas, Heat - Natural Gas, Cooktop - Gas, CO Detector
Unit 2 Lease Term: Month to Month
Unit 2 Level Number: 235-2
Unit 2 Rental Agreement: Yes
Unit 2 Rental Amount: 1900.00
Unit 2 Rental Amt Freq: Monthly
Unit 2 Rooms: 7
Unit 2 Status: Leased
Unit 2 Style: 235-2 Apartment
Unit 2 Tenant Pays: Electric, Heat
Unit 3 Apx Sqft: 1181
Unit 3 Baths: 1
Unit 3 Bedrooms: 3
Unit 3 Info: CO Detector, Smoke Detector, Laundry Hookup, Heat - Natural Gas
Unit 3 Lease Term: Annual
Unit 3 Level Number: 2
Unit 3 Rental Agreement: Yes
Unit 3 Rental Amount: 2400.00
Unit 3 Rental Amt Freq: Monthly
Unit 3 Rooms: 6
Unit 3 Status: Leased
Unit 3 Style: 235-3 Carriage House/Barn
Unit 3 Tenant Pays: Electric, Heat

Price History of 235 Cate Street, Portsmouth, NH

Date Name Price Difference
07/20/2022 Listing Price $3,125,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 235 Cate Street, Portsmouth, NH

Location Map Street View Walk Score Bird's Eye
Photo of Jay McGillicuddy
Jay McGillicuddy
Associate Broker
Direct: 603-548-7685
Office
1 Delahunty Drive, Unit C
Windham, NH 03087
603-893-7999
NEREN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Verani Realty

Copyright 2022 New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/24/2022