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201 Cate StreetPortsmouth, NH 03801MLS Number 4921674

  • Price: $3,125,000The price has recently decreased
  • Est. Mortgage of $/month
  • 22 Days on Market
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.99% last updated on 2022-08-04

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201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801201 Cate Street Portsmouth NH 03801
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  • $3,125,000List Price
  • 4Bathrooms
  • 2,697Square Feet
A rare opportunity in Portsmouth! We are pleased to present this 2-parcel investment property in a prime location! 201 Cate Street and 235 Cate Street are being SOLD TOGETHER! Located near the traffic circle, convenient to downtown Portsmouth, and adjacent to the Portsmouth West End Yards, these properties offer a 3-building package nestled in woods and next to Hodgson's Brook. Currently, five apartment rentals and a business rental...please note: owners have not made a market adjustment for rents in many years. All units have been meticulously maintained by a master-licensed and hands-on landlord/owner. The three buildings have been renovated and updated with highly efficient heating systems, building materials, and quality craftsmanship. The Carriage-House/Barn was totally uplifted and rebuilt into a glorious single-family 3-bedroom, 1-bath home with cathedral ceilings and beautiful hardwood beams. The main home on this property has been converted to two units, with a 2-bedroom + office, 2-bath on one side, and a 1-bedroom, 1-bath, 2-story unit on the other. Both units have their own entrances and highly sought-after parking spaces. The adjacent lot features a business on the 1st floor with two 1-bedroom apartments above, each with their own separate entrances consisting of wide hardwood staircases, and views of Hodgson's Brook. Check out the possibility of condo conversion into two luxury townhomes, with room for a separate 2-unit building on the property.
Listed by Janet Carroll and Mo Seiler of BHHS Verani Seacoast

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More Info

Basic Information

  • StatusACT
  • List Price$3,125,000
  • MLS Number4921674
  • MLS StatusActive

Property

  • Acreage0.42
  • Parking Spaces
  • Lot DescriptionCity Lot, Wooded
  • Lot31 & 32
  • Square Feet2,697
  • APX Fin AG Sqft2,697
  • RoadsPaved, Public

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater
  • UtilitiesCable - Available, Gas - On-Site, Internet - Cable
  • WaterPublic
  • Water HeaterGas - Natural
  • Electric200 Amp
  • SewerPublic

Location

  • TownPortsmouth
  • StateNH
  • Zip03801
  • CountyRockingham
  • ZoningGRA
  • Elementary SchoolLittle Harbor School
  • Junior HighPortsmouth Middle School
  • High SchoolPortsmouth High School
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorVinyl Siding
  • RoofShingle

Other

  • Taxes$8,575
  • Seasonal Y/NNo
  • Unit 1 Deposit$975
  • Unit 2 Rent Amount$975
  • Unit 3 Rent Amount$1,200

Building

  • Year Built2003
  • Building ConstructionWood Frame
  • StyleCarriage, Colonial, Multi-Family, Other
  • Units3
  • Unit 1 Floor Location2-A
  • Unit 1 Total Rooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2-B
  • Unit 2 Style201-B - Apartment
  • Unit 2 Total Rooms4
  • Unit 3 Bath2
  • Unit 3 Floor Location1-C
  • Unit 3 Style201-C - Business w/AC
  • Unit 3 Total Rooms4
  • # of 1 Bedrooms2
  • Bathroom4
  • Total Baths4
  • Basement
    • Concrete
    • Concrete Floor
    • Dirt
    • Exterior Access
    • Gravel
    • Interior Access
    • Stairs - Interior
  • FoundationConcrete, Other
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 10, 2022 10:09 PM EDT.

 

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From Our Clients

Dear Michael,

We just wanted to let you know how much we appreciate your efforts on our behalf. We are grateful for the time you spent, and the patience you showed us as we went through the process of buying our first home in Durham NH. Thank you so much!

Kathy and Ian, Durham NH Home Buyers