Multi-Family Properties, Portsmouth

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Units

17 Two Bedroom units and 5 Three bedroom unit. Tenants pay for their heat, hot water and electricity.
Please call for a complete package-603-431-5000.

Building / Property Data

Color : Various colors, One brick commercial building.
Exterior : All res. buildings and the commercial building located at 181 Hill S treet have clapboards; The livery and the Poco Prep building are sided with T-111 and one commercial building is brick.
Roof Type : 317-319, 327-329, 337-339, 349-351 and the commercial building at 181 Hill Street have tar and gravel roofs. 159 and 171 Hill Street and the smaller wood frame commercial building on Parcel III have asphalt shingles. The large wood frame commercial building and the brick building on Parcel III have rolled roofing.
Construction : All wood frame except one brick comm. building
Basement : All residential buildings have full basements and all except 171 Hill Street have poured concrete foundations. 171 Hill St. has a fieldstone foundation.
Parking : On-Site, Ample
Hot Water : Eighteen of the residential units have gas-fired hot water heaters and four of units have electric hot water heaters
Heat : Eighteen of the units are heated with natural gas fired, forced hot air systems and four of the units are heated with oil-fired, forced hot air systems. Approx. 75% of these systems have been replaced in the last three years.
Sewer : Municipal
Water : Municipal
Electric : All units have been upgraded to 100-AMP circuit breakers
Lot Size : 1.47 Acres +/-
Approx. Sq. Ft. : 35,000 (estimated between res. and comm.)

Tax Data

Map / Lot : Map- 125 , Lot-14, Map-138, Lots 62 &64
Land :
Building : Total Assessment, All 3 parcels-$2,390,300
Total Tax : $42,403
Tax Rate : 17.74

Annual Operating Data

Gross Income :
- Total Annual Expenses:
*

Net Operating Income:
$375,324
$99,235
*


$264,829

* Please call office for more details. 603-431-5000

All information is derived from sources deemed reliable. No representation is made as to its accuracy, and it is submitted subject to errors and ommissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. The broker is soley the agent of the seller.

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Address:  259 Maplewood Avenue
Portsmouth, NH 03801
E-mail Address: joe@nelsonre.com
Phone Number: (603) 431-5000
Fax Number: (603) 436-9600
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