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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Kirstin Stallkamp Duston Leddy Real Estate Cell: 603-828-3820

$ 1,225,000

Est. payment -/mo

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Active

92 Cass ST Portsmouth, NH 03801

6 Beds

6 Baths

3,017 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,017 sqft

Price per Sqft $406

MLS Listing ID 5113299

Style Apartment Building,Colonial,Multi-Family

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1950

Annual Tax Amount $9,764

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Description

92 Cass Street offers a unique mixed-use property consisting of five residential units and a detached commercial building, currently occupied by an established pet-grooming business. The residential building features a varied collection of apartments offering 1 studio, 2 two-room studios, a one-bedroom, and a two-bedroom arranged across two floors, while the detached commercial space provides approximately 520 square feet of additional income-producing space. The property also includes on-site parking, an especially valuable amenity in Portsmouth, and shared outdoor spaces for the residential units. Currently fully occupied, the property offers an established rental history with several long-term tenants. Existing residential rents are noted by the seller as being well below current market value, presenting meaningful potential for future income growth. The combination of residential and commercial tenancy provides a diversified revenue stream and makes this an appealing opportunity for investors seeking a Portsmouth asset with both immediate income and long-term upside. The property has also benefited from several important improvements, including newer furnaces in both buildings, replacement windows, recently painted exteriors, a new water heater, and a newer roof. The main residential building was painted in 2025, the commercial building in 2024, and the commercial heating system was replaced in 2025. Located on a compact 0.09-acre parcel in Portsmouth's CD4-L2 zoning district (permits 5-8 units), 92 Cass Street presents a compelling opportunity to acquire an established six-tenant mixed-use investment property in one of the Seacoast's most desirable and supply-constrained markets. Property sold as is. Some photos have been digitally modified to remove tenant belongings. Showings start October 13th.

Location

State NH

County Nh-rockingham

Area Nh-Rockingham

Zoning CD4-L2

Rooms

Basement Unfinished

Interior

Heating Natural Gas, Hot Air

Cooling None

Flooring Carpet, Hardwood, Laminate, Vinyl

Exterior

Parking Features No

Utilities Available Gas On-Site

Roof Type Asphalt Shingle,Fiberglass Shingle

Building

Lot Description Corner, Level, Neighbor Business, Sidewalks, Street Lights, Trail/Near Trail, In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Neighborhood, Near Public Transport, Near Hospital, Near School(s)

Story 2

Sewer Public

Water Public

Architectural Style Apartment Building, Colonial, Multi-Family

Construction Status Existing

Schools

Elementary Schools Little Harbor School

Middle Schools Portsmouth Middle School

High Schools Portsmouth High School

School District Portsmouth

Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

92 Cass ST Portsmouth, NH 03801

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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92 Cass ST