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Set in the heart of Portsmouth on a storied stretch of Middle Street—lined with stately buildings and timeless architecture—this classic Italianate 5-unit multi-family is a rare gem. Just 0. 5 miles from the vibrant West End and downtown, and located in the coveted Little Harbour neighborhood, this exceptional property is on the market for the first time in nearly 50 years. Lovingly maintained, the building features four spacious 1-bedroom, 1-bath units and a larger 2-bedroom, 1-bath top-floor residence. Each apartment offers tall ceilings, oversized windows, and generous room sizes, allowing for an abundance of natural light. Original woodwork, decorative fireplaces, and a grand front entryway highlight the craftsmanship of a bygone era, while the wrap-around front porch provides an inviting space to relax and take in the neighborhood charm. The home’s Italianate style is evident in its tall, narrow windows, ornate woodwork, and symmetrical proportions—details that speak to the rich architectural heritage of the area. Granite hardscaping, brick sidewalks, and original front doors enhance its distinguished curb appeal. Whether you're an investor seeking a premier addition to your portfolio or envisioning a conversion into a stunning single-family residence or condos, this property offers unmatched character, flexibility, and location. Just a short stroll to downtown Portsmouth’s shops, restaurants, and picturesque waterfront—opportunities like this seldom come along.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $1,157 | $1,157 | $1,157 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,296 | $5,891 | $7,826 |
Total Monthly Payment | $6,578 | $7,173 | $9,108 |
* 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.