28 Court Street Newport NH 03773 Multi Family Price Change!reduced by $41,000 now $199,000

Price Change! reduced by $41,000 down 21% on December 17th 2024
$199,000 | $99 per sq.ft. A 2 Unit Multi Family Home, in Newport NH With 2 - Two Bedroom Units MLS# 5006641

Listed by Nick Gray Gray Property Group, LLC on July 25th 2024
28 Court Street Newport NH 03773

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. Owner is a real estate licensee.
Gross Income : $32592
Net Income: $

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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: 2008
Above Grade Sq.Ft.: 2008
Apx Below Grade Unfinished Sq.Ft.: 644
Price Per SQ.FT. 99.10
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
Driveway: Paved

PROPERTY INFORMATION

Taxes $0

AREA INFORMATION

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