Price$1,325,000
Est. Mortgage: $/month
Open HouseMLS Number 5100943
- Multifamily
- Next Open House: Sat 07/25 12:00 pm. to 2:00 pm.
- Address 491 Marcy Street
- Units 2
- Acreage 0.07
Exceptional owner-occupied and investment opportunity in Portsmouth's coveted South End. This beautifully updated legal two-unit property combines the charm of a historic home while offering the ideal blend of lifestyle and cash flow. You'll love the flexibility of the layout as well which can be configured as a single family home, or side-by-side duplex, or it's current layout as a home with a 2-room studio apartment. The owner's residence is filled with timeless New England character while offering thoughtful modern updates throughout. The attached studio features its own private entrance, efficient layout, and a spa-inspired bathroom complete with a private sauna, creating a memorable guest or tenant experience. Outside you'll enjoy morning coffee or evening cocktails on your spacious, private back patio - and a private patio for the apartment as well! The oversized shed offers fantastic storage, a work shop, or garage potential. Originally built circa 1750, the property underwent extensive exterior renovations in 2025, including a new roof, four skylights, new windows, cedar siding on the front faade, Hardie® cement board siding on the sides and rear, and blown-in insulation. Additional features include natural gas heat (new furnace being installed prior to closing), public water and sewer, two 100-amp panels, and a spacious detached storage shed. Located just steps from Prescott Park, Strawbery Banke, the Piscataqua River waterfront, and Portsmouth's renowned restaurants, boutiques, and entertainment, this is a rare opportunity to own an income-producing property in one of New England's most desirable coastal communities. Whether you're looking to offset your mortgage with rental income, expand your investment portfolio, or enjoy the flexibility of a legal two-unit property in an unbeatable location, 491 Marcy Street offers exceptional value and endless possibilities. Showings start at open house, Saturday July 25th, 12 to 2pm.
Listed by Kirstin Stallkamp of Duston Leddy Real Estate
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