12 And 14 Whipple Rd, Newport, NH 03773

$1,295,000
8,716
SqFt

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Listing courtesy of Buddy Howe from Coldwell Banker LIFESTYLES. (Cell: 603-454-4995)

List Price
$1,295,000
Status
ACTIVE UNDER CONTRACT
MLS#
5094450
Subtype
Residential Income
Style
Apartment
Year Built
2009
Living Area
8,716
Lot Size
58,806
Acres
1.35

Property Description

Exceptional investment opportunity featuring two separate buildings on the same lot with a total of eight well-maintained units in a desirable and private location. Built in 2009, each building offers four spacious two-bedroom, one-bath apartments, including two handicap-accessible units with walk-in showers, ground-level access, and convenient floor plans. Each unit also features its own dedicated laundry area, a sought-after amenity for tenants. The single-site layout provides added convenience for ownership and management while maintaining an attractive setting for tenants. This property has an excellent rental history and has been meticulously maintained throughout ownership. Tenants appreciate the peaceful setting, private rear porches, ample paved parking, and the overall quality of the property. Each unit is separately metered with its own electrical panel, providing efficiency and ease of management. Designed with long-term ownership in mind, the buildings feature vinyl siding, sprinkler systems, quality insulation, and clean, dry basements that provide valuable space. The modern construction and low-maintenance design make this an attractive addition to any investment portfolio. The location offers the privacy renters are searching for while remaining convenient to local amenities. With strong rental demand, excellent condition, and pride of ownership evident throughout, this is a rare opportunity to acquire a turnkey multi-family investment.

Additional Information

Exterior Features
Deck, Garden
Taxes
$28,572
Property Description
Apartment
Zoning
Industrial
Heating
Baseboard, Hot Water
Air Conditioning
None
Levels
Two
Roof
Asphalt
Foundation
Concrete
Parking Features
On Site, Paved

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