Rare in Downtown Portsmouth! Discover a truly rare opportunity for residential living in the heart of downtown Portsmouth - complete with a yard, garage, and ample parking. This classic mansard-style home offers three levels of living and endless possibilities in the MRO (Mixed Residential Office) District, where zoning allows for up to eight residential units. Currently configured as a single-family residence, the home features bright, south-facing living spaces and a spacious, open layout. Beautiful original wood floors are well-maintained throughout. The front family room showcases a large bay window, filling the space with natural light. Upstairs, you'll find three bedrooms and two full baths. The expansive third floor-currently unfinished-includes both a staircase and an egress door, offering excellent potential for future expansion or customization. Mechanical updates include a natural gas furnace and a 40-gallon domestic water tank, both installed in 2022, along with a secondary electric system servicing the third floor. Outside, the private yard is sunny, level, and inviting-the perfect canvas for creating your own outdoor oasis. Don't miss this exceptional chance to own a piece of Portsmouth with flexibility, space, and character.