Description
This property is a rare opportunity to own and redevelop a historic mixed use building in Olde town Portsmouth. There are currently are 8 fully occupied apartments on the third floor, rental income $6,600/mo. Three 1 bedroom and five 2 bedroom apartments, recently renovated and under market rent. The first and second floor was once a dinner theater, and has a a city tax credit available for keeping high ceiling height, but could be converted into additional 6 apartments plus commercial lease space. There are several offices, bathrooms, and kitchen space. 48 hours notice to shoe commercial space, listing agent must accompany showing. POF required prior to scheduling. Occupied units available to show with acceptable offer. Please Do Not Disturb Tenants.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Information
Description
This property is a rare opportunity to own and redevelop a historic mixed use building in Olde town Portsmouth. There are currently are 8 fully occupied apartments on the third floor, rental income $6,600/mo. Three 1 bedroom and five 2 bedroom apartments, recently renovated and under market rent. The first and second floor was once a dinner theater, and has a a city tax credit available for keeping high ceiling height, but could be converted into additional 6 apartments plus commercial lease space. There are several offices, bathrooms, and kitchen space. 48 hours notice to shoe commercial space, listing agent must accompany showing. POF required prior to scheduling. Occupied units available to show with acceptable offer. Please Do Not Disturb Tenants.
