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524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo
524 Sunapee Street, Newport, NH 03773 Photo

19 Total Photos [Click to View All]

  • Listing Provided by:
    Downtown Realty
    Phone: 603-554-2309
    Agent: Matthew Lefebvre IDX logo

  • 8,424
    Square Feet
  • 5102862
    MLS#
$1,750,000
Status: Active
524 Sunapee Street Newport, NH 03773

Property Description

Introducing Newport Heights; a 12-unit multifamily investment property located near the border of Newport and Sunapee. Offered individually for sale at $1,750,000, this well-maintained apartment building features a diversified unit mix of one-bedroom, oversized one-bedroom, and two-bedroom apartments, providing broad tenant appeal and stable occupancy potential within the greater Newport market. The building has undergone significant capital improvements, including renovations of all residential units and common areas, a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors. Minimal near-term capital expenditure remain for future ownership allowing for a turnkey, multifamily investment. The heating system consists of an efficient, Buderus-brand oil-fueled forced hot water boiler providing individually zoned baseboard heat throughout the building. Newport Heights benefits from functional on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility that provides supplemental income. The basement also contains additional space that could be converted into tenant storage lockers, creating an opportunity for future ancillary revenue. With its recent renovations, efficient unit mix, and potential for additional income streams, Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. Broker Interest. Financials available upon execution of NDA.

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Property Features

MLS Number: 5102862
Subdivision:
County: Sullivan
Bedrooms: 0
Total Square Feet: 8,424
Style: Apartment Building, Multi-Family, Multi-Level
New Constuction: No
Construction: Wood Frame,Vinyl Siding
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Concrete Floor, Full, Partially Finished
Basement: Yes
Cooling: None
Heating: Oil, Hot Water
Lot Size: 0.31 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $16,241
Year Built: 1920

Feature Descriptions

Color: Tan
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Market: 1
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Granite
Foundation: Granite
Home Style: Apartment Building, Multi-Family, Multi-Level
Lot: City Lot
Parking: Parking Spaces 11 - 20, Paved
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 8424
Total Stories: 3
Units: 12
Water: Public
Zoning: Light Commercial

Location

Listed By / Shown By

Listed By

Broker Name: Downtown Realty
Agent Name: Matthew Lefebvre
Broker Phone: 603-554-2309

IDX logo

Estimate Your Payment

Estimated Payment

$ 10,438.40 per month $8,574.57 Principal & Interest $1,353.42 Property Tax $510.42 Homeowner's Insurance

Source: Delta Media Group, Inc.

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(Payments are an estimate and may vary by lender)

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