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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 Vashaw Twin State Realty LLC on September 30th 2024
44 S Main Street Newport NH 03773


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