Renovated Eight-Unit Multifamily Investment
155 N Main St
Newport, NH 03773
Description
Situated in the town of Newton, this multifamily property features 8 recently renovated units alongside substantial property improvements. The 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 spaces, ensuring convenient parking for tenants. Situated close to downtown Newton, residents enjoy easy access to local amenities, schools, and recreational facilities.
Discover the charm of Newport, NH, an idyllic town rich in New England spirit and natural beauty. The area surrounding the property is dotted with historic architecture and provides a picturesque backdrop for residents. Embrace the community feel while being just minutes away from Newport Opera House, Sunapee Lake, and Newport Golf Club. Enjoy the tranquility of the Sugar River, ideal for outdoor activities and relaxation. Newport offers a welcoming environment for residents and investors alike, with its blend of small-town character and convenient amenities. The location presents a unique opportunity for Multifamily / Low-Rise/Garden investors seeking to be part of a thriving community with endless potential.