Renovated Eight-Unit Multifamily Investment

For Sale

155 N Main St, Newport, NH 03773

This Newport property for sale is located at 155 N Main St. The current listed sale price for Renovated Eight-Unit Multifamily Investment is $935,000. Renovated Eight-Unit Multifamily Investment is situated on a lot that is 0.31 acre in size.

Contacts

broker

Viktoria Alkova

Keller Williams Coastal Realty

Property Details

  • Property Type Multi-Family
  • Property Size 6,573 SF
  • Units 8
  • Lot Size 0.31 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Oct 3, 2024
Discover the charm of Newport, NH, an idyllic town rich in New England spirit and natural beauty. The area surrounding the property is dotted with historic architecture and provides a picturesque backdrop for residents. Embrace the community feel while being just minutes away from Newport Opera House, Sunapee Lake, and Newport Golf Club. Enjoy the tranquility of the Sugar River, ideal for outdoor activities and relaxation. Newport offers a welcoming environment for residents and investors alike, with its blend of small-town character and convenient amenities. The location presents a unique opportunity for Multifamily / Low-Rise/Garden investors seeking to be part of a thriving community with endless potential.Situated in the town of Newport, this multifamily property features 8 recently renovated units alongside substantial improvements to the building. Situated on a large lot with parking on-site, this property consists of 2 one-bedroom units, 4 two-bedroom units, and 2 three-bedroom units. Renovations include new flooring, cabinets, countertops, appliances, bathroom upgrades, fresh paint, plumbing fixtures, and electrical fixtures. In 2023, some units were converted from oil to gas, with propane tanks installed. Additional improvements include two new water boilers, new back decking, and enhanced safety egress. The property also offers ample onsite parking with more than 12 vehicles, ensuring convenient parking for tenants. It's deal commuting convenience, easy access to Newport, and residents enjoy easy access to local amenities, schools, and recreation. Great for a 1031 exchange.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 40/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newport, NH
  • Neighborhood Newport
  • Zip Code 03773

Points of Interest

  • Irving

    0.62 miles

  • Shell

    0.70 miles

  • T-Bird Mini Mart

    2.38 miles

  • Gulf

    4.66 miles

  • George's Mills General Store

    7.04 miles

  • Citgo

    7.50 miles

  • Shell

    7.57 miles

  • Irving

    7.88 miles

  • Mobil

    8.18 miles

  • Citgo

    8.42 miles

  • Sullivan Rail Trail Parking

    0.25 miles

  • Richards Free Library Parking

    0.25 miles

  • Sugar River Trail Parking

    6.31 miles

  • Rest Area I-89 (North Bound)

    7.70 miles

  • The Lodge By Sunapee Stays

    5.39 miles

  • Sunapee Lake Lodge

    5.93 miles

  • Mountain Edge Resort

    6.01 miles

  • The Lake Inn at Mt. Sunapee

    6.15 miles

  • The Common Man Inn

    8.11 miles

  • Lamplighter Motor Inn

    9.90 miles

  • Shaw's

    0.88 miles

  • Fenton's Landing

    4.92 miles

  • Coniston General Store

    5.79 miles

  • Market Basket

    7.16 miles

  • TJ Maxx

    7.19 miles

  • Hannaford

    7.36 miles

  • Big Lots

    7.46 miles

  • Walmart Supercenter

    7.66 miles

  • Hannaford

    9.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Viktoria Alkova

Keller Williams Coastal Realty