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Liz Christoffersen

lizchristo@gmail.com +1(603) 689-5013

Listed by Brady Roche • Carey Giampa, LLC/Rye • Phone: 207-703-8249

$ 1,350,000

Est. payment | -/mo

2 Beds

3 Baths

2,405 SqFt

Save

$ 1,350,000

Est. payment | -/mo

Save

2 Beds

3 Baths

2,405 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,405 sqft

Price per Sqft $561

MLS Listing ID 5097886

Bedrooms 2

Full Baths 3

Construction Status Existing

Year Built 1900

Annual Tax Amount $15,641

Lot Size 10,454 Sqft

Acres 0.24

Property Description

197 Richards Avenue presents a rare investment opportunity in Portsmouth's highly sought-after Little Harbor neighborhood. Situated on a generous 0.24-acre lot just moments from downtown, this three-unit property offers an exceptional combination of location, income potential, and future upside in one of the Seacoast's most desirable markets. The property features approximately 2,405 square feet of finished living space across three residential units, each thoughtfully equipped with its own in-unit washer and dryer. Ample off-street parking is located behind the building. Whether maintained as an income-producing asset, repositioned through renovations and value-add improvements, or utilized as an owner-occupied investment opportunity, 197 Richards Avenue offers the flexibility and long-term potential rarely found in such a premier Portsmouth location. Opportunities to acquire multifamily properties with this combination of scale, location, and redevelopment potential are increasingly limited.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning GRA

Rooms

Basement Entrance Interior

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

Interior

Cooling None

Exterior

Utilities Available Cable Available

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Tri-Level

Construction Status Existing

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(603) 689-5013

lizchristo@gmail.com

Hollis, NH, 03049, USA

Learn More About LPT Realty

197 Richards AVE Portsmouth, NH 03801