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$1,589,000 | $91 per sq.ft. Under Contract> A 20  Unit Multi Family Home, in Newport NH With 4 - One Bedroom Units | 16 - Two Bedroom Units MLS# 4974373



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Listed by Anthony DolanDolan Real Estate Cell: 603-359-9881
on October 16th 2023


DESCRIPTION


Exceptional Investment Opportunity in Newport's Sunapee Region! Own a prime 20-unit portfolio across 6 well-located buildings: 4x 1-BR & 16x 2-BR. Properties at Laurel St (10, 6, 4, 14) comprise 10 units, complemented by 22 West St (3 units), 118 Sunapee St (4 units), and 64 Summer St (3 units). Ideal proximity to both Mount Sunapee & Lake Sunapee for enhanced tenant appeal. Blend of modern, renovated units & others primed for value-add updates. Seller requires proof of funds or pre-qualification before releasing financials/showings. A rare gem in a desirable locale. A strategic addition to any investor's portfolio!
Appliances : Water Heater – Domestic

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CONSTRUCTION

Wood Frame | Clapboard Exterior | Combination Exterior | Vinyl Siding | Wood Siding | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 17467
Above Grade Sq.Ft.: 17467
Apx Below Grade Unfinished Sq.Ft.: 0
Price Per SQ.FT. 90.97
Basement: Apartments | Bulkhead
Foundation: Other
Heating: Baseboard | Forced Air | Hot Water
Cooling: Individual
HeatFuel: Oil | Other
Electric: 200 Amp | Other
Utilities: Cable | Other
Electric Meters:
Style: Colonial | Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: Other
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Curbing | Landscaped | Level
Lot size: 1.49 acres
Zoned: varies
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved
Driveway: Dirt | Gravel | Other | Paved

PROPERTY INFORMATION

Taxes $24,963

AREA INFORMATION