- Newport Area NH Multi Family Homes $150000 to $250000
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Price Change! reduced by $41,000 down 21% on December 17th 2024
$199,000 | $99 per sq.ft. | Number of Units 2 Total Sq. Ft. 2008 | Acres: 0.13 NEWPORT NH
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Description:Back on market after new management hired, building improvements made, and leases updated. Beautifully renovated duplex in charming Newport. This property features two meticulously updated 2-bedroom, 1-bathroom apartments with stainless steel appliances, white cabinetry, bright countertops, vinyl plank flooring, new drywall, and fresh paint throughout. The building is fully occupied with strong income at ~$32K/year that is primed for future growth. Separate utilities make the tenants responsible for their own heat, hot water, and electricity, meanwhile the landlord pays for only water/sewer. Each unit has a propane Rinnai heating system and electric water heater installed within the last 4 years. A paved driveway provides 2-3 off-street parking spaces, and there is ample street parking in the immediate vicinity. Washer/dryer hookups are in-unit. Owner is a real estate licensee.
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