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$220,000 | $217 per sq.ft. A 2  Unit Multi Family Home, in Newport NH With 2 - Two Bedroom Units MLS# 5020586


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Listed by Nick GrayGray Property Group, LLC on October 30th 2024

DESCRIPTION

Back on market after new management hired, building improvements made, and leases updated. Beautifully renovated duplex in charming Newport. This property features two meticulously updated 2-bedroom, 1-bathroom apartments with stainless steel appliances, white cabinetry, bright countertops, vinyl plank flooring, new drywall, and fresh paint throughout. The building is fully occupied with strong income at ~$32K/year that is primed for future growth. Separate utilities make the tenants responsible for their own heat, hot water, and electricity, meanwhile the landlord pays for only water/sewer. Each unit has a propane Rinnai heating system and electric water heater installed within the last 4 years. A paved driveway provides 2-3 off-street parking spaces, and there is ample street parking in the immediate vicinity. Washer/dryer hookups are in-unit. Delayed showings begin November 9th. Owner is a real estate licensee.

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UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1466.00 Monthly
Status : Month to Month
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1250.00 Monthly
Status : Month to Month
CONSTRUCTION
Wood Exterior | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 1012
Above Grade Sq.Ft.: 1012
Apx Below Grade Unfinished Sq.Ft.: 644
Price Per SQ.FT. 217.39
Basement: Stairs - Interior
Foundation: Stone
Heating: Oil | Hot Water
Cooling: None
Electric: 200 Amp
Utilities: None
Electric Meters:
Style: Apartment Building
Roof: Shingle
Water: Public
Sewer: Public
Seasonal: No
LAND LOT INFORMAITION
Lot Description: City Lot
Lot size: 0.13 acres
Zoned: 2F RES
Surveyed: No
Flood Zone: No
Roads: Paved
Driveway: Paved
PROPERTY INFORMATION
Taxes $0
AREA INFORMATION
Coldwell Banker Homes Unlimited Real Estate
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Copyright © 2024 JJ Ranney Realty, LLC. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. JJ Ranney Realty, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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