NH > Portsmouth
Portsmouth, NH 03801,20 Chapel ST
Portsmouth, NH 03801,20 Chapel ST
Portsmouth, NH 03801,20 Chapel ST
Portsmouth, NH 03801,20 Chapel ST
Portsmouth, NH 03801,20 Chapel ST
Portsmouth, NH 03801,20 Chapel ST
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Luke Morris

Luke Morris

+1(603) 401-5858
Listed by Amanda Patterson • Samonas Realty, LLC
$ 2,100,000
Est. payment | /mo

4 Beds

6 Baths

2,986 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

4 Beds

6 Baths

2,986 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,986 sqft

Price per Sqft $703

MLS Listing ID 5064589

Bedrooms 4

Full Baths 6

Construction Status Existing

Year Built 1900

Annual Tax Amount $11,762

Tax Year 2024

Lot Size 1,306 Sqft

Acres 0.03

Property Description

Rare opportunity to own a six-unit multifamily property in the heart of downtown Portsmouth, the first of its kind to hit the market this year! The building features four one-bedroom units and two studio apartments spanning three stories, offering a blend of classic Portsmouth charm and modern updates. Three of the six units have been fully renovated, providing immediate income potential while leaving room to enhance value through additional upgrades. With five vacant units, investors have the flexibility to set market-adjusted rents and maximize returns in one of New Hampshire's most sought-after rental markets. Low operating costs with separately metered utilities and no driveway or yard to maintain, making this an ideal easy-management investment. Situated in a prime downtown location, this property places tenants within walking distance of Portsmouth's vibrant restaurants, shops, and waterfront. Whether you're expanding your portfolio or executing a 1031 exchange, this property offers a rare chance to secure a high-demand asset with exceptional long-term upside. OPEN HOUSES Wednesday 10/8 2pm-4pm, Thursday 10/9 3pm-5pm, Saturday 10/11 11am-2pm

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning CD4

Rooms

Basement Entrance Interior

Basement Concrete Floor, Interior Stairs, Unfinished, Interior Access, Exterior Access

Interior

Cooling Other

Exterior

Utilities Available Cable Available

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

School District Portsmouth

PrimeMLS
Luke Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(603) 401-5858

[email protected]

P.O. Box 951, Wells, Maine, 04090, USA

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20 Chapel ST