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Listed by Andrew Samonas of Samonas Realty
New sidewalks and a paved driveway on an entirely overhauled Islington Street help present this 5-unit investment property as a preeminent property for any investor! Boasting a 6.1% cap rate, investors will enjoy over $60,000 of in-place NOI. With all interiors done from 2017 on, this property doesn't require any immediate work. Being located in Portsmouth's West End, this property is in a great location for those with or without cars. Additional updates include wiring in 2014/2015, exterior paint, appliances, and floor refinishing. All tenants under lease and are current on payments. Only showings occurring at 3 Open Houses: Wednesday (10/6) 5:00-6:30pm Thursday (10/7): 4-5pm Friday (10/8): 12-1:30pm Please bring a mask. All financials available are actuals and have been provided by the owner.

Property Details of 536 Islington Street

Property Details

Interior Features

Exterior Features

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 21, 2021.

 

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