534 State Street

Portsmouth, NH 03801

$1,050,000
Last Sold Price
3
Beds
2
Baths
2,004 Sq. Ft.
$524 / Sq. Ft.
2,004
Sq. Ft.
$524
per Sq. Ft.

Closed 8/2/24

Closed 8/2/24

Description

Prime investment opportunity in the heart of downtown Portsmouth, NH. This charming two unit property offers the best of urban living in the highly sought after downtown of Portsmouth, NH. Situated within walking distance to all downtown amenities including restaurants, shops, parks, museums and waterfront attractions, this property promises convenience and a vibrant lifestyle. The front door of the property opens up to a common foyer where you can gain access to both units and the shared basement...Prime investment opportunity in the heart of downtown Portsmouth, NH. This charming two unit property offers the best of urban living in the highly sought after downtown of Portsmouth, NH. Situated within walking distance to all downtown amenities including restaurants, shops, parks, museums and waterfront attractions, this property promises convenience and a vibrant lifestyle. The front door of the property opens up to a common foyer where you can gain access to both units and the shared basement space. The meticulously maintained two bedroom one bath unit features a wide open first floor with updated kitchen and plenty of living space to sit back and relax after a day or perusing the downtown. Large windows surround the entire unit to let an abundance of natural light in providing an open and airy feel. The second floor features two bedrooms and an updated full bath with access to a finished third floor bonus area that could be used as a potential office or other use. The second unit also provides an open first floor living space with full kitchen and living area. The second floor offers a spacious primary bedroom with updated full bath. An additional third floor finished space offers plenty of flexibility for additional useable square footage. Perfect opportunity for an investor or end user looking to occupy one of the units and rent out the other. All showings will be done at the open house on Saturday 5/11 from 2:30-5:00PM.
  1. Listed by Christopher Erikson • The Aland Realty Group

Sold By Oceans Edge Real Estate LLC

Property Details for 534 State Street

Parking
Parking Spaces 1, Paved
Water View
No
Waterfront Property
No
Zoning
CD4-L1
LISTING UPDATED: 08/06/2024 08:27 PM

Property Details for 534 State Street

StatusClosed
MLS #4994839
Days on Market8
Taxes$5,890 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1880
Lot Size0.05 AC / 2,178 SF
CountyRockingham County

Building Information for 534 State Street

Stories3Residences2Year Built1880Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 534 State Street

Summary
Location and General Information
  • Area Description: In Town, Near Shopping, Neighborhood, Near Public Transportatn
  • City: Portsmouth
  • County: NH-Rockingham
  • Directions: Travelling into Portsmouth on Market St. Go through Market Square on Congress St and take a left onto Middle Street. Take immediate right onto State Street and the property is on your left.
  • Latitude: 43.074122651602224
  • Longitude: -70.761501271163937
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 127
  • Zip Code: 03801
Taxes and HOA Information
  • Tax - Gross Amount: $5,890.00
  • Tax Year: 2023
  • Taxes TBD: No
School Information
  • School - District: Portsmouth
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 16
  • Lot: 00
  • Lot - Sqft: 2178.0
  • Lot Features: City Lot, Level
  • Lot Size Acres: 0.05
  • Road Frontage Length: 20.0
  • Square Feet Apx Finished Above Grade: 2004.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 2884.0
  • Square Feet Apx Total Finished: 2004.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 880.0
  • Square Feet Apx Unfinished BG Source: Public Records
  • Water Body Access: No
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Yes
  • Flood Zone: Unknown
  • Foundation: Brick, Granite
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1880
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Total Electric Meters: 2
  • Separate Utilities: Yes
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry
  • Roads: Paved, Public
  • Roof: Slate
  • Total Ranges: 2
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished, Interior Access
  • Total Full Baths: 2
  • Flooring: Hardwood, Tile
  • Heat Fuel: Electric
  • Heating: Baseboard, Heat Pump, Hot Water
  • Cooling: Mini Split
  • Total Refrigerators: 2
  • Total Stories: 3
  • Total Water Heaters: 2
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 1
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 0
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 5
  • Unit 1 Rental Amount: $2,400.00
  • Unit 1 Tenant Pays: Cooling, Electric, Heat, Hot Water, Sewer, Water
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Status: Month to Month
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,800.00
  • Unit 2 Tenant Pays: Cooling, Electric, Heat, Hot Water, Sewer, Water
Rental
Rent Information
  • Total Leases: 2

Property History for 534 State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 534 State Street

Taxable ValueLand$127,300Additions$237,800Total$365,100
Tax Record2023$5,889 ($491 / month)
Home Facts
Baths2Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtUnfinished Basement SqFt880 SqFtStories2Lot Size2,178 SqFtStyleDuplexYear Built1880ZoningCD4-L1CountyROCKINGHAMAPNPRSM M:0127 B:0016 L:

Schools near 534 State Street

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Little Harbour School
Public - K to 5
Portsmouth Middle School
Public - 6 to 8
Portsmouth High School
Public - 9 to 13
St Patrick School
Private - PK to 8
Rating
School
Distance
Little Harbour School
PublicK to 5

Portsmouth Middle School
Public6 to 8

Portsmouth High School
Public9 to 13

St Patrick School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Aland Realty Group

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 10/31/2024 06:48 PM