258 Maplewood Avenue, Portsmouth, NH 03801

Welcome to 258 Maplewood Ave, Portsmouth, NH—a remarkable 4-unit multi-family investment property filled with character and situated in a prime Portsmouth location. Just a stones throw from North Mill Pond and a short stroll to downtown Portsmouth. Relish the convenience of easy access to Market Square, The Music Hall, Portsmouth Harbor, Strawberry Banke, and Prescott Park. The current Net Operating Income (NOI) stands at an impressive $73,337. Potential exists for an even greater NOI as some rents are currently below market value. Projected NOI based on market rents would be over $78,000. Tenants pay all their utilities, and the landlord covers the electric house meter and water/sewer expenses. All four apartments are presently occupied and feature natural gas, offering tenants a cost-effective and energy-efficient solution and off-street parking, contributes to tenant convenience, and augments the property value. The exterior of property showcases low maintenance landscaping, effectively reducing operational costs. Seize this rare opportunity to invest in a well maintained 4-unit multi-family property with exceptional income and even more potential. Schedule a viewing now to secure your stake in the flourishing Portsmouth real estate market. Please note that a 24-hour notice is required for all showings.