Multi-Family Properties, Portsmouth

Status = Sold

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Multi Family Property in Portsmouth

Basic Information

Address: Hill-Hanover Portfolio (Parcels I & II)
Sale Price
and Date :
$3,112,500 on 9/1/04
No. of Units: 26, 22 Apts. and four commercial buildings
Approx Sq. Ft.: 35,000 (estimated between res. and comm.)
Net Operating Inc: $264,829
No. of 1 Bedrooms: 0 No. of 2 Bedrooms: 17 No. of 3 Bedrooms: 5 No. of 4+ Bedrooms: 0 No. of Commercial Units:

Comments

AMAZING INVESTMENT AND DEVELOPMENT OPPORTUNITY ONLY 1/3 MILE FROM MARKET SQUARE. CONSISTS OF 6 RESIDENTIAL BUILDINGS AND 4 COMM. BUILDINGS ON 3 CONTIGUOUS PARCELS SITUATED ON 1.47 ACRES. ALL PARCELS ARE BEING SOLD TOGETHER. CONSISTS OF 17-2BRS & 5 3BRS. 80% OF THE UNITS HAVE BEEN COMPLETELY RENOVATED AND FEATURE HUGE ROOMS, HIGH CIELINGS, HARDWOOD FLOORS, SECURE STORAGE AND W/D HOOK-UPS. ALSO, ALL SIX RES. BUILDINGS HAVE NEWER VINYL WINDOWS AND THERE IS PLENTY OF ON-SITE PARKING FOR THE TENANTS.THE 4 COMM. BUILDINGS VARY IN SIZE FROM 1,500, S.F. TO 8,000 S. F. THE 8,000 S.F.BUILDING ALSO FEATURES 9 GARAGE BAYS. LOCATED IN THE MRO AND MRB DISTRICTS.PLEASE CALL JOE NELSON FOR MORE INFO.- 603-431-5000.

Detailed info on this property.

More Images

317-319, 327-329 & 337-339 Hanover Street, Parcel I
349-351 Hanover Street-Six units, ParcelI
181Hill Street, 8,000 s.f. comm. building, Parcel I
Garage bays attached to green comm. building at 181 Hill St., Parcel I
171 Hill Street, Duplex; Parcel I

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Portsmouth, NH 03801
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