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(603) 382-7979
Real Estate Company
62 Sunapee St, Newport, NH 03773
- $519,000
- 3,851
- SqFt
Listing courtesy of Stephen Kelley from EXP Realty. (Cell: 603-312-4832)
- List Price
- $519,000
- Status
- ACTIVE
- MLS#
- 5116397
- Subtype
- Residential Income
- Style
- Other
- Year Built
- 1900
- Living Area
- 3,851
- Lot Size
- 8,276
- Acres
- 0.19
Property Description
Just listed, a turnkey income property in the heart of Newport, NH! This fully rented c.1900 four-unit and oversized barn sits on a corner lot an easy walk from downtown Newport, and multifamily this clean doesn’t come along often. The mix is two 3-bedrooms, one 2-bedroom and one 1-bedroom, each with its own full bath. Utilities are fully separated, with 4 electric meters, 4 gas meters, 4 heating systems and 4 water heaters, so tenants pay their own. Leases run six months, which means you can collect rent now or move in yourself. Investors and owner-occupants alike should move quickly on this one. Recent work includes a new roof, replaced windows and doors, refinished hardwood floors, updated baths, trim and paint repairs, new recessed lighting and dimmers in Unit 2, refreshed decks, a new crushed-stone driveway and interconnected smoke detectors. Both basements and the barn have been fully cleaned out. The barn is where the upside is. The property carries a town approval for up to 20 dry-storage units. Sample units are on site so buyers can see the finished product. The barn’s ground level has its own entrance and offers additional income potential. Off-street parking for up to 10 vehicles.
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Additional Information
- Exterior Features
- Barn/Stable, Porch, Enclosed Porch
- Taxes
- $4,675
- Property Description
- Other
- Zoning
- 16 - B2 Heavy Comm
- Flooring
- Hardwood
- Heating
- Oil, Electric, Hot Air, Individual
- Air Conditioning
- None
- Levels
- Two and One Half
- Roof
- Metal, Asphalt, Slate
- Foundation
- Block, Brick/Mortar
- Garage Spaces
- 1
- School District
- Newport Town School District
- Elementary School
- Richards Elementary School
- Middle School
- Newport Middle and High School
- High School
- Newport Middle High School
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