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Listed by Brooke C Soucie • Bentley By the Sea
$1,650,000
Est. payment /mo
5,828 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,828 sqft
Price per Sqft $283
MLS Listing ID 5033908
Construction Status Existing
Year Built 1890
Annual Tax Amount $16,749
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Description
Opportunity knocks at 10 Merrimac Street! This 8-unit building, situated on a desirable corner lot in a prime Portsmouth location, is vacant and ready for its next chapter. This property presents a unique development opportunity for investors or developers looking to create something special in this thriving coastal city. Imagine the possibilities for this Portsmouth gem! The existing 8-unit structure is offered as a shell(the boiler, radiators, appliances, some plumbing and some electrical have been removed) providing a substantial foundation for a variety of redevelopment projects. Whether you envision condos, stylish apartments, or convert back to a single family residence, this property provides the canvas to bring your vision to life. Its proximity to downtown Portsmouth's vibrant shops, restaurants, and cultural attractions further adds to its desirability. This is a rare chance to contribute to the city's dynamic landscape! Property being sold as is, all utilities are disconnected the property, currently uninhabitable.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning GRA
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Gas - On-Site
Roof Type Shingle
Building
Story 3
Foundation Granite
Sewer Public Sewer On-Site
Architectural Style Multi-Family
Construction Status Existing
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