34-36 Highland Street, Portsmouth, NH, 03801 | $1,695,000

TURN-KEY INVESTMENT PROPERTY, OR OWNER OCCUPY LIVE IN ONE FABULOUS 2-STORY 4-5 BEDROOM 3800 SQ FT APT, OR CONDOMINIMIZE THE BUILDING. The building is in solid condition; three out of four units have been refreshed/renovated, and it has a long-term rental history and annual leases. Turn-of-the-century Victorian building with charm and period details, located in the Historic district, featuring 10-12 off-street parking spots within walking distance to Market Square. This grand dame of the period has already undergone interior/exterior renovations/upgrades, including a 25-year warranty on 4-year-old Rhino exterior paint, some newer windows, newer front storm windows, as well as 2015 fire safety upgrades & more. Front stone foundation, two large basements, large front porch, two separate entries (2 units on each side), a pocket garden, a kayak, and a bike storage area. Phenomenal floor plan, 4-unit building with period lobbies with two elegant staircases to the second floor. First-floor units are both one bedroom/one bathroom, large, and have separate rear entry, access to the yard, in-unit laundry, dishwashers, and wide pine floors. They have also been refreshed. 2 upper floor units are HUGE 2569-3800 sq ft. , encompass both 2nd and 3rd floors, feature 4-5 legal bedrooms PLUS office with 1 or 2 baths. Separate utilities + house account. Tenants pay for oil heat/electricity/hot water. Need 48 hours to show. Pets permitted.

Features

  • Rooms: 24
  • Bedrooms: 12
  • Baths: 6 full
  • Units: 4
  • Style: Multi-Family,Multi-Level,Victorian
  • Year Built: 1900
  • Heating: Oil,Hot Air
  • Cooling: Individual
  • Basement: Bulkhead,Concrete Floor,Daylight,Full,Interior Stairs,Storage Space,Walkout,Basement Stairs
  • Approx Sq. Feet: 9,881
  • Acreage: 0.12
  • Est. Taxes: $16,875
  • Lot Desc: Interior Lot,Landscaped,Level,Sidewalks,In Town,Near Country Club,Near Golf Course,Near Shopping,Neighborhood,Near Hospital,Near School(s)
  • Elem. School: Little Harbor School
  • Middle School: Portsmouth Middle School
  • High School: Portsmouth High School
  • School District: Portsmouth
  • MLS#: 5064377
  • Website: https://www.raveis.com
    /prop/5064377/3436highlandstreet_portsmouth_nh?source=qrflyer
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Listing courtesy of Exp Realty   Phone: 888-398-7062
Listing Agent: Bonnie Dridi

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34-36 Highland Street, Portsmouth, NH, 03801

$1,695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,356,000 $1,356,000 $1,356,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment $1,406 $1,406 $1,406
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,383 $8,130 $11,260
Total Monthly Payment $8,914 $9,661 $12,791

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.