Ledgewood Drive

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Ledgewood Drive

Portsmouth, NH 03801
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

What's Special

1.01± Acre Development Site | Gateway Corridor Zoning | Walkable to Downtown Portsmouth <p>1.01± acre residential development opportunity located off Ledgewood Road in Portsmouth, New Hampshire. </p><p></p><p>The site is situated within the Gateway Corridor (G-1 zoning), which is favorable for residential development. </p><p></p><p>This offering presents a rare opportunity to acquire land in a highly desirable coastal market within walking distance to downtown Portsmouth. </p><p></p><p>Municipal water, sewer, and natural gas are available and will need to be stubbed to the site. </

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times