Newport NH Multi Family Homes $0 to $30000000
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- Under Contract
Listed Tuesday Jul 2, 2024
![NEWPORT NH Multi Family Homes for sale](https://cdnparap140.paragonrels.com/ParagonImages/Property/p14/NEREN/5003367/0/0/0/6e85ca138c5965f539da0e37dd648564/0/77b3149947f93375f98e30e6c8d43421/5003367-31577101-4c9b-49af-99f5-da35ee5874fb.JPG)
Description:Cash-flowing duplex in the heart of Newport! This property is comprised of two spacious 3-bedroom, 1-bathroom units leased to month-to-month tenants. Plenty of upside rent potential exists for a new owner willing to make improvements. Separate utilities make the tenants responsible for their own heat, hot water, and electricity, meanwhile the landlord pays for only water/sewer. A gravel driveway provides off-street parking. Washer/dryer hookups are in the basement. Delayed showings start Wednesday, July 20th. Owner is a real estate licensee.
- New Listing!
Listed Thursday Jul 25, 2024
![NEWPORT NH Multi Family Homes for sale](https://cdnparap140.paragonrels.com/ParagonImages/Property/p14/NEREN/5006641/0/0/0/ce66805b9e00fba8ef1a38d68d6c8198/0/b9318787610e21c4b1ba76a410400a09/5006641-a45373fb-20b5-49fe-8c51-9ae5fe5301f1.JPG)
Description: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 ~$31K/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. 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.
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Listed Thursday Jun 27, 2024
![NEWPORT NH Multi Family Homes for sale](https://cdnparap140.paragonrels.com/ParagonImages/Property/p14/NEREN/5002689/0/0/0/d7c81797f24481cad00b2a3924207525/0/be5d1efcee294b82cf973628c93ffced/5002689-670acb8f-54be-4de0-953d-040330ec463b.JPG)
Description:Attention investors! Don't miss out on this fantastic opportunity. This duplex features two generously-sized units, each consisting of two bedrooms.Freshly painted exterior and updated electrical throughout! Lots of recent updates on this property, just waiting for you to capitalize on it's potential. Current rent is at $1,650 each, making this a nearly a 15 cap! This duplex is turnkey and ready to cashflow! Abundant natural light fills both spaces, creating a warm and inviting atmosphere.Great rental history! This home will easily qualify for an FHA loan as well! Owner occupy and let someone else help pay your mortgage! Open House Saturday 6/6/24 from 10am to 12pm!
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Price Change! reduced by $35,000 down 12% on July 25th 2024
Listed Tuesday Jun 11, 2024
![NEWPORT NH Multi Family Homes for sale](https://cdnparap140.paragonrels.com/ParagonImages/Property/p14/NEREN/5000018/0/0/0/cef1f07bd5713a6f7b8fdb2e5f38b89b/0/9ce642a767efce21bdf441f65f2ac329/5000018-b8e70756-fee7-4371-a418-93c7b94cd4f4.JPG)
Description:3-unit multifamily property nestled in the heart of picturesque Newport. This property features two spacious and 2-bedroom, 1-bath units, and a cozy 1-bedroom, 1-bath unit. Both 2-bedroom apartments are leased and the 1-bedroom apartment is being held vacant for a buyer wishing to renovate and/or owner-occupy. Heat is separate on propane heaters, hot water is not separate and is paid by the landlord (1 electric water heater), and there are no laundry hookups. Two driveways provide ~5 off-street parking spaces, and there is ample street parking in the immediate vicinity. The property's large side yard is perfect for summer cookouts and the shed on-site makes for a great workshop or leasable storage space. Delayed showings beginning Wednesday June 19th. Owner is a real estate licensee.
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Listed Monday Jul 15, 2024
![NEWPORT NH Multi Family Homes for sale](https://cdnparap140.paragonrels.com/ParagonImages/Property/p14/NEREN/5005147/0/0/0/f2282856a6c86b908b893cf9866b4ea6/0/de47479ffcb1c33216a4ba361ac564ed/5005147-fef94e38-2659-48e6-8ba8-c56e96faaf0e.JPG)
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. Ideal commuting convenience, easy access to Newport, residents enjoy easy access to local amenities, schools, and recreation. Great for a 1031 exchange. Seller is a licensed real estate agent.