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Under Agreement Newport NH 03773 Multi Family for sale $List Price is $409,000

List Price is $409,000 Newport NH 03773 Multi Family for sale

Waterfront Owned Number of Units 7   
Don't wait on this one! This property is nicely located, right in the middle of Newport and only 15 minutes to Claremont and 10 minutes to Sunapee. This fully occupied income property has separate electric meters and heating that is paid for directly by the Tenants. 2022 current gross income is proposed to be $58,298 and with the actual 2021 operating expenses; should leave an NOI of approximately $28,298. At the offer price the property is currently available at around a 7.0% cap rate. Detailed financials are available after signing a Confidentiality and Non-Disclosure Agreement.
See MLS Property & Listing Details & 6 images. Listed by Alan Croteau | Real Property Options