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Listed price in listed location currency (USD).
$2,050,000
$2,250,000

070

MLS® 5003887

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5194 sqft
Garage Yes
Taxes 
Lot Size 0.84 acres
Approx. Age 1900
Avg. Price Per Sqft $433
MLS® Number 5003887

Property Address: 366 Broad St, Portsmouth, NH, 03801-5981

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5003887
Laundry Level
Central VacNo
FireplaceNo
Acreage0.84
Exterior
GarageYes
Approx. Age1900
BasementBulkhead, Interior Entry, Unfinished
DrivewayDriveway, On Site, Paved
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

Price History

Sep 30, 2024End Date
$2,050,000Sold Price

Sold

Jul 8, 2024List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
366 Broad St, Portsmouth, NH

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