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$1,100,000   Price Analysis
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534 State St
Portsmouth, NH 03801
3 bed 2 bath 2,004 SqFt ($548/SqFt)
2,178SqFt lot. Built 1880
Listed 2024-05-09, Taxes $11,335
Ⓧ USDA Ineligible
due to price & location

near Portsmouth

Prime investment opportunity in the heart of downtown Portsmouth

* Has Contingent Offer *

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 an d 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 lving space with full kitchen and living area. The second floor offers a roomy 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.


Presented by Christopher Erikson at
The Aland Realty Group.


Property MLS #4994839 from PrimeMLS

Bedrooms: 3

Total Ranges: 2
Total Refrigerators: 2

Cooling Features: Mini Split
Heating Features: Baseboard, Heat Pump, Hot Water
Heating Fuel: Electric

Full Bathrooms: 2

Flooring: Hardwood, Tile

Basement Description: Basement Description: Unfinished, Interior Access, Basement: Yes

Frontage Length: 20
Road Frontage Type: Yes
Roads: Paved, Public

Driveway: Paved
Parking Features: Parking: Parking Spaces 1, Paved

Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 2400
Unit 2 Total Actual Rent: 1800

School District: Portsmouth

Portsmouth Middle School is a public middle school located approximately 0.1 miles away.
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Little Harbour School is a public elementary school located approximately 0.7 miles away.
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Portsmouth High School is a public high school located approximately 1 miles away.
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St Patrick School is a private elementary and middle school located approximately 0.2 miles away.
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Annual Tax Amount: 5890
Source Listing Status: Under Contract
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.
Tax Year: 2023
Source Property Type: Multi-Family
Number of Separate Electric Meters: 2
Property Location: In Town, Near Shopping, Neighborhood, Near Public Transportatn
Zoning: CD4-L1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$491,200 + $254,500
$745,700
$11,335
2021$491,200 + $254,500
$745,700
$11,208
2020$491,200 + $254,500
$745,700
$10,962
2019$491,200 + $254,500
$745,700
$11,081
2018$462,700 + $248,700
$711,400
$11,269
2017$462,700 + $208,200
$670,900
$10,318
2016$366,900 + $159,300
$526,200
$8,966
2015$343,400 + $159,300
$502,700
$8,440
2014$379,300 + $148,800
$528,100
$9,559
2011$176,600 + $148,800
$325,400
$5,642
2007$205,300 + $103,000
$308,300
$5,038

Listed 2024-05-09
$1,100,000
PrimeMLS
Listing removed 2020-03-08
$0
PrimeMLS
Listed for rent 2020-02-26
$2,000
PrimeMLS
Listing removed 2019-11-22
$0
PrimeMLS
Listed for rent 2019-11-05
$2,000
PrimeMLS
Listing removed 2019-09-24
$0
PrimeMLS
Listed for rent 2019-09-18
$1,800
PrimeMLS
Listing removed 2019-09-17
$0
PrimeMLS
Listed for rent 2019-09-11
$1,800
PrimeMLS
Listing removed 2019-03-26
$0
PrimeMLS
Listing removed 2019-03-25
$1,800
PrimeMLS
Listed for rent 2019-02-19
$1,800
PrimeMLS
Listing removed 2016-09-02
$1,800
PrimeMLS
Listing removed 2013-02-21
$2,000
PrimeMLS
Listed for rent 2012-11-09
$2,000
PrimeMLS

Access: Yes

Total Square Feet Living: 2004
Year Built: 1880
Above Grade Finished Area: 2004
Below Grade Unfinished Area: 880
Construction Materials: Masonry
Foundation Details: Brick, Granite
Property Age: 144
Property Condition: Existing
Roof: Slate
Levels or Stories: 3
Total Area Sqft: 2884
Architectural Style: Duplex, Georgian

Electric: Circuit Breaker(s)
Sewer: Public
Cable
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.