Multi-Family for Sale: 366 Broad Street, Portsmouth, NH 03801

11 beds
7 full baths
5,194 sqft
$2,395,000
$2,395,000
366 Broad Street, Portsmouth, NH 03801
11 beds
7 full baths
5,194 sqft
$2,395,000
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Price:
$2,395,000
$105,000 - 08/12/2024

Type Multi-Family
Style Bungalow, New Englander, Multi-Family, Carriage
Beds 11
Total Baths 7 full baths
Square Feet 5,194 sqft
Lot Size 0.84 acres
Year Built 1900
Taxes Paid $15,535

City Portsmouth
County Rockingham
School District Portsmouth

MLS 5003887
Status Active
DOM 75 days
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.

Lot & Building Features

Appliances Water Heater–Natural Gas
Association Amenities Coin Laundry
Utilities Cable - At Site, Gas - On-Site
Construction Clapboard Exterior, Vinyl Siding
Cooling None
Heat Source Gas - Natural
Heating Hot Water
Parking Description Driveway, Paved, On-Site
Sewer Public
Tax Year 2023
Taxes Paid $15,535
Water Public
Basement Description Bulkhead, Unfinished, Interior Access
Foundation Brick, Stone, Concrete
Lot Description Open
Roof Shingle
Features Exterior Fence - Partial, Porch - Covered
Garage Yes

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 450
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Lease Term Month to Month
Unit 1 Level Number A
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 875.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Hot Water, Heat
Unit 2 Apx Sqft 950
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Level Number B
Unit 2 Rental Agreement No
Unit 2 Rental Amount 1700.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Vacant
Unit 2 Tenant Pays Electric, Hot Water, Heat
Unit 3 Apx Sqft 1005
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Level Number C
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1800.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Hot Water, Heat
Unit 4 Apx Sqft 792
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Level Number D
Unit 4 Rental Agreement No
Unit 4 Rental Amount 1600.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Vacant
Unit 4 Tenant Pays Electric, Hot Water, Heat
Unit 5 Apx Sqft 520
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Lease Term Month to Month
Unit 5 Level Number 362
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 1325.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Vacant
Unit 5 Tenant Pays Electric, Hot Water, Heat
Unit 6 Apx Sqft 586
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Lease Term Month to Month
Unit 6 Level Number 364
Unit 6 Rental Agreement Yes
Unit 6 Rental Amount 1350.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 6 Tenant Pays Electric, Hot Water, Heat
Unit 7 Apx Sqft 898
Unit 7 Baths 1
Unit 7 Bedrooms 2
Unit 7 Lease Term Month to Month
Unit 7 Level Number 370
Unit 7 Rental Agreement Yes
Unit 7 Rental Amount 2200.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 7 Tenant Pays Electric, Hot Water, Heat

Price History of 366 Broad Street, Portsmouth, NH

Date Name Price Difference
08/12/2024 Price Adjustment $2,395,000 4.20%
07/08/2024 Listing Price $2,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 366 Broad Street, Portsmouth, NH

Location Map Street View
Photo of Jackie Pech Figueroa
Direct: 978-648-1173
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Great Island Realty LLC, Emil Uliano
$
20%
0.64864300626305%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

366 Broad Street (MLS #5003887) is a multi-family listing located in Portsmouth, NH. This multi-family listing is 5,194 sqft and on a lot of 36,590 sqft (or 0.84 acres) with 11 bedrooms, 7 baths and is 124 years old. This property was listed on 07/08/2024 and has been priced for sale at $2,395,000.

Nearby zip codes are 03802, 03854, 03870, 03903 and 03904. This property neighbors other cities such as Eliot, Kittery, New Castle, Newington and Rye.

PrimeMLS

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: Great Island Realty LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 09/21/2024