Newport Area New Hampshire MLS Listings Multi Family Homes For Sale with 2 Apartments

$199,000 | $99 per sq.ft. NEWPORT NH MULTI FAMILY FOR SALE
Price Change! reduced by $41,000 down 21% on December 17th 2024

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. See MLS Property & Listing Details & 19 images.