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$2,050,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Units
  • 0.84 Acres
  • 4 Car Garage
See This Home
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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.

Full Property Details for 366 Broad St

General

  • Sold For: $2,050,000
  • Taxes: $15,535 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5003887
  • Added to Site: 595 day(s) ago

Rental Information

  • Lease Terms: Unit1=Month to Month, Unit3=Month to Month, Unit5=Month to Month, Unit6=Month to Month, Unit7=Month to Month,

Interior

  • Flooring: Wood

Exterior

  • Exterior Features: Fence - Partial, Porch - Covered
  • Color: White

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Parking: Driveway, On-Site, Paved

Location

  • County: Rockingham
  • Neighborhood: Near Shopping
  • Condo Project Name: Monthly
  • Driving Directions: Middle to Broad

School Information

  • School District: Portsmouth
  • Elementary School: Little Harbor School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Gas - Natural
  • Furnaces: 7
  • Water Heaters: 7

Utilities

  • Sewer: Public
  • Separate Meters: Yes
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Bulkhead, Unfinished, Interior Access
  • Roof: Shingle
  • Stories/Levels: 2.5
  • Finished Total: 5,194 Sq. Ft.
  • Finished Above Grnd: 5,194 Sq. Ft.
  • Year Built: 1900

Unit Information

  • 1 Bedroom Units: 3
  • 2 Bedroom Units: 4
  • Units w/Refrigerators: 7
  • Units w/Range/Oven: 7

Unit 1

  • Square Feet: 450
  • Level: A
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 950
  • Level: B
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 1005
  • Level: C
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 792
  • Level: D
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 520
  • Bedrooms: 1

Unit 6

  • Square Feet: 586
  • Bedrooms: 1

Unit 7

  • Square Feet: 898
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,590
  • Frontage: TBD
  • Street/Road Desc.: Paved, Public
  • Driveway/Sidewalk: Paved
  • Zoning: GRA

Financial Considerations

  • Price Per Sq. Ft.: $433.19
  • Assessment Year: 2023
  • Assessment Amount: $963,100
  • Tax Amount: $15,535
  • Tax Year: 2023

Disclosures and Reports

  • Surveyed: Yes
  • Block: 68

Listed by Great Island Realty LLC, Emil Uliano
Sold by Duston Leddy Real Estate, Sam. Harding

Listed by Great Island Realty LLC, Emil Uliano
Sold by Duston Leddy Real Estate, Sam. Harding

Listing agent

— 366 Broad St —

  • Emil Uliano

    Great Island Realty LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 366 Broad St

School District:Portsmouth School District, Portsmouth, NH
NameGradesDistance
Little Harbour School
50 Clough Drive, Portsmouth, NH 03801
K-50.4 mi
Portsmouth Middle School, Portsmouth, NH
155 Parrott Avenue, Portsmouth, NH 03801
7-80.6 mi
Portsmouth High School, Portsmouth, NH
50 Andrew Jarvis Drive, Portsmouth, NH 03801
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 366 Broad St

Date
Details
Price
Change
Source
10/18/2024
Sold
$2,050,000
-8.89%
MLS
9/25/2024
Price Reduced
$2,250,000
-6.05%
MLS
8/12/2024
Price Reduced
$2,395,000
-4.2%
MLS
7/08/2024
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Great Island Realty LLC, Emil Uliano
Sold by Duston Leddy Real Estate, Sam. Harding

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366 Broad Street, Portsmouth, NH 03801 (MLS# 5003887) is a Multi-Family property that was sold at $2,050,000 on October 18, 2024. Want to learn more about 366 Broad Street? Do you have questions about finding other Multi-Family real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.