Newport NH Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,012
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1900
Baths:
MLS#:
5020586

ADDITIONAL INFORMATION

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. Delayed showings begin November 9th. Owner is a real estate licensee.

Type:
Multi-Family
Sq.Ft.:
2,412
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1940
Baths:
MLS#:
5020581

ADDITIONAL INFORMATION

Back on market after new property management hired, building improvements made, and leases updated. This is a 3-unit multifamily property nestled in the heart of picturesque Newport. The property features two spacious 2-bedroom, 1-bathroom units, and a cozy 1-bedroom, 1-bathroom unit. All three apartments are leased and the first-floor unit is being purposely kept month-to-month in case a buyer wishes to renovate and/or owner-occupy. Heat is separate on propane heaters, meanwhile the landlord pays for hot water and water/sewer. There is 1 laundry hookup in the common areas. Two driveways provide ~6 off-street parking spaces, and there is ample street parking in the immediate vicinity. The propertyâ??s large side yard is perfect for summer cookouts. Delayed showings begin Saturday, November 9th. Owner is a real estate licensee.

Type:
Multi-Family
Sq.Ft.:
3,766
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1900
Baths:
5.00
MLS#:
5016608

ADDITIONAL INFORMATION

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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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



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Newport Real Estate

The median home value in Newport, NH is $247,100. This is lower than the county median home value of $306,200. The national median home value is $338,100. The average price of homes sold in Newport, NH is $247,100. Approximately 55.66% of Newport homes are owned, compared to 34.94% rented, while 9.4% are vacant. Newport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport real estate agent to arrange a tour today!

Newport, New Hampshire 03773 has a population of 6,316. Newport 03773 is less family-centric than the surrounding county with 22.3% of the households containing married families with children. The county average for households married with children is 22.86%.

The median household income in Newport, New Hampshire 03773 is $65,435. The median household income for the surrounding county is $64,587 compared to the national median of $69,021. The median age of people living in Newport 03773 is 42.3 years.

Newport Weather

The average high temperature in July is 78.8 degrees, with an average low temperature in January of 7.6 degrees. The average rainfall is approximately 46.6 inches per year, with 69.7 inches of snow per year.

Newport Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    75
    30-day change

Newport Schools and Demographics

Education near Newport, NH

Metric City County
High School Graduates 90.73 90.69
College Degree - 2 year 9.94 9.11
College Degree - 4 year 26.83 29.59
Graduate Degree 5.82 9.24
Expenditures per Student 22,648 22,648
Students per Teacher 12 12

Elementary Schools near Newport, NH

School Grades Students P/T Ratio ZIP
Bluff School KG - 05 227 11.9 03743
Croydon Village School KG - 04 30 10.3 03773
Disnard Elementary School PK - 05 304 11.3 03743
Maple Avenue School PK - 05 347 10.8 03743
Richards Elementary School PK - 04 331 11 03773
Sunapee Central School KG - 05 169 9.3 03782
Unity Elementary School PK - 08 111 10.5 03773

Middle Schools near Newport, NH

School Grades Students P/T Ratio ZIP
Claremont Middle School 06 - 08 399 11.1 03743
Newport Middle School 07 - 08 128 7.3 03773
Sunapee Middle High School 06 - 08 105 10 03782
Towle Elementary School 05 - 06 142 11.6 03773

High Schools near Newport, NH

School Grades Students P/T Ratio ZIP
Newport Middle High School (High) 09 - 12 333 9.1 03773
Stevens High School 09 - 12 572 11.4 03743
Sunapee Senior High School 09 - 12 131 7.7 03782

Demographics near Newport, NH 03773

Metric Zip Code City
Neighborhood Type Small town
Population 6,316 43,105
Population Density 145 80
Median Age 42.3 46.5
People per Household 2.4 2.6
Median Household Income 65,435 64,587
Average Income per Capita 31,830 35,238