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Price Change! reduced by $15,000 down 3% on November 19th 2024
$445,000 | $118 per sq.ft.
A 5  Unit Multi Family Home, in Newport NH With 5 - One Bedroom Units MLS# 5016608



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Listed by Amy VashawTwin State Realty LLC on September 30th 2024


DESCRIPTION


This is the perfect opportunity for investors or those looking to expand their rental portfolio in the beautiful town of Newport. Featuring five 1-bedroom, 1-bathroom units, this multi-family property offers great rental potential with consistent demand. Two tenants have leases.

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UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Internet Service,TV Service
Rent : 1275.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Leased

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Internet Service,TV Service
Rent : 1275.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Internet Service,TV Service
Rent : 1050.00 Monthly
Lease Term : Month to Month
Signed Lease : No
Status : Leased

UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Internet Service,TV Service
Rent : 1050.00 Monthly
Lease Term : Month to Month
Status : Leased

UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Tenant Pays : Internet Service,TV Service
Rent : 1050.00 Monthly
Lease Term : Month to Month
Signed Lease : No

CONSTRUCTION

Wood Frame | Clapboard Exterior | Wood Exterior | Exterior Color White | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 3766
Above Grade Sq.Ft.: 3766
Apx Below Grade Unfinished Sq.Ft.: 1883
Price Per SQ.FT. 118.16
Basement: Partial
Foundation: Brick | Concrete | Stone
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available | Telephone Available
Electric Meters:
Style: Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Level | In Town | Near Shopping | Neighborhood
Lot size: 0.29 acres
Zoned: B110 L
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 72
Driveway: Gravel

PROPERTY INFORMATION

Taxes $7,808
 | Assesed Value $313,300 in 2023

AREA INFORMATION

School District: Newport Town School District
Elementary School: Richards Elementary School
Middle School: Newport Middle and High School
High School: Newport Middle High School