Portsmouth, NH 03801,366 Broad ST
Portsmouth, NH 03801,366 Broad ST
Portsmouth, NH 03801,366 Broad ST
Portsmouth, NH 03801,366 Broad ST
Portsmouth, NH 03801,366 Broad ST
Portsmouth, NH 03801,366 Broad ST
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Listed by Emil Uliano • Great Island Realty LLC
Bought with Sam Harding • Duston Leddy Real Estate

$2,050,000

$2,250,000

8.9%
Est.Price: ?

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Est. payment /mo

11 Beds

7 Baths

5,194 SqFt


SOLD DATE : 10/18/2024

Key Details

Sold Price $2,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,194 sqft

Price per Sqft $394

MLS Listing ID 5003887

Sold Date 10/18/24

Bedrooms 11

Full Baths 7

Construction Status Existing

Year Built 1900

Annual Tax Amount $15,535

Tax Year 2023

Lot Size 0.840 Acres

Acres 0.84

Property 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.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning GRA

Rooms

Basement Entrance Interior

Basement Bulkhead, Unfinished, Interior Access

Interior

Heating Gas - Natural

Cooling None

Flooring Wood

Exterior

Garage Spaces 4.0

Garage Description Driveway, On-Site, Paved

Utilities Available Cable - At Site, Gas - On-Site

Amenities Available Coin Laundry

Roof Type Shingle

Building

Story 2.5

Foundation Brick, Concrete, Stone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Little Harbor School

Middle Schools Portsmouth Middle School

High Schools Portsmouth High School

School District Portsmouth

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