Multi Family Home Price Change! reduced by $50,100
down 7% on May 13th 2024 $699,900 | $270 per sq.ft.
3
Unit Multi Family Home,
110 Laurel Street Newport NH
With 2 - One Bedroom Units | 1 - Two Bedroom Units
| MLS# 4990421
Listed by Jessica & Anthony Dolan Dolan Real Estate Phone: 603-359-9177 on
April 6th 2024
DESCRIPTION
GREAT INVESTMENT OPPORTUNITY!! Experience the best in this unique property, nestled in the town of Newport, within walking distance to downtown and all it has to offer. This expansive 22-acre estate offers many opportunities for development, with 233 feet of road frontage and access to town water and sewer. Situated in a quiet neighborhood, this home has a new roof installed in 2020 and all exterior wood trim was painted this year. Attached is an impressive 2 story barn, with 2 additional lofts, offering plenty of space for storage of equipment, recreational vehicles and tools. There are workshops on the first and second levels. The home itself is currently divided into 3 separate one bedroom living quarters, providing a nice income. However, great care was taken by the owner who lives onsite, to design the spaces in such a way that the property could easily be returned to a single family home or keep one apartment for income while living in a 2 bedroom home with ensuite baths. Currently there are 3 bedrooms and 3-1/2 baths and laundry rooms on the first and second floor. The first floor master suite has a dressing room and master bath. The attached 2 bay garage and workshop, offer endless possibilities with plenty of storage and work space. From the back patio, you can enjoy the peaceful views of the woods and lush lawns which surround the house.
Location : Near Shopping | Neighborhood
UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 0Rent : 1350.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Leased
UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 0Rent : 1150.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Leased
UNIT 3 INFORMATION
Beds: 2Baths: 2
CONSTRUCTION
Wood Frame | Combination Exterior | Vinyl Siding Exterior Color : white Year Built: 1880 No. of Floors: 2 Total Sq.Ft. Finished: 2591 Above Grade Sq.Ft.: 2591 Price Per SQ.FT.: $270.13 Basement: Unfinished Foundation: Stone Heating: Baseboard Cooling: None HeatFuel: Oil | Wood Electric: 200 Amp Utilities: Cable Electric Meters: Style: Colonial Roof: Shingle - Asphalt Water: Public Sewer: Public Seasonal: No
School District: Newport Town School District Elementary School: Richards Elementary School Middle School: Newport Middle and High School High School: Newport Middle High School