514 middle street

Live in Portsmouth for less — offset the mortgage with rental income. Spacious and bright, this versatile multi-unit property offers a rare opportunity just a short walk to Market Square. The primary unit features 3 bedrooms and 1.5 baths, along with a dedicated office, and spans the first two floors of a charming New Englander, blending classic character with everyday functionality. There is an additional space located on the top floor that offers 2 bedrooms and 1 bath with its own private exterior entrance, providing excellent separation and rental appeal. High ceilings, original woodwork, and hardwood floors create timeless appeal, while practical updates — including first-floor laundry, two off-street parking spaces, and a large back deck — enhance day-to-day living and entertaining. Whether you're an investor seeking strong in-town demand or a homebuyer looking to break into the Portsmouth market while generating income, this flexible property delivers. Live comfortably in one unit and let the rental income from the other help pay your mortgage — a smart path to Portsmouth ownership. Easy walk to downtown, classic New England charm, and built-in income potential — opportunities like this are increasingly rare. PAINTING WILL BE COMPLETED IN THE SPRING Property is a legal two-unit and is also listed as Multi-Family — see MLS #5077525.