155 N Main St

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Address: 155 N Main St, Newport, NH 03773, USA
Created date: June 27, 2024
Date last updated: July 17, 2024

Property Description

Situated in the town of Newport, this multifamily property features 8 recently renovated units alongside substantial improvements to the building. Situated on a large lot with parking on-site, this property consists of 2 one-bedroom units, 4 two-bedroom units, and 2 three-bedroom units. Renovations include new flooring, cabinets, countertops, appliances, bathroom upgrades, fresh paint, plumbing fixtures, and electrical fixtures. In 2023, some units were converted from oil to gas, with propane tanks installed. Additional improvements include two new water boilers, new back decking, and enhanced safety egress. The property also offers ample onsite parking with more than 12 vehicles, ensuring convenient parking for tenants. It's deal commuting convenience, easy access to Newport, and residents enjoy easy access to local amenities, schools, and recreation. Great for a 1031 exchange.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $935,000
No. of Units: 8
Average Occupancy: 8.9
Year Built: 1900
Lot Size: 0.31 Sq ft
Opportunity Zone: No
Price per unit: $116,875
Property Website Click Here
Address: 155 N Main St, Newport, NH 03773, USA
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