$800,000

150 S Main Street, Newport, NH 03773

  • 7 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

This listing courtesy of Rich Racine, RE/MAX Innovative Properties

Investment Opportunity: Fully Updated 7-Unit Multifamily Property Seize this turnkey income-producing asset in the heart of Newport, New Hampshire. This expansive 7-unit multifamily building offers modernized living spaces, strong cash flow potential, and low-maintenance operations—ideal for the savvy investor. Property Highlights: 7 Spacious Units – All fully renovated with contemporary upgrades, including: New flooring throughout, Modernized kitchens with updated cabinetry, countertops, and appliances. Fully remodeled bathrooms Updated plumbing and electrical fixtures for efficiency and safety. Large Building Footprint with abundant on-site parking for tenants and guests On-Site Dumpster for convenient waste management Tenant-Paid Utilities (heat, electric, hot water) – maximizing owner profitability. Strong rental history in a stable residential market. Prime Location: Situated on vibrant South Main Street, residents enjoy walkable access to downtown Newport’s charming shops, cafes, and services. Just minutes from: Newport Golf Club – a scenic 18-hole public course. Mount Sunapee Resort – 20 minutes away for world-class skiing and year-round adventure Lake Sunapee – boating, fishing, and lakeside recreation. Dartmouth-Lake Sunapee Region – cultural events, hiking, and seasonal festivals With all major updates completed and tenant-paid utilities, this property delivers immediate income with minimal deferred maintenance. Property to be shown Sunday 11/9/25 from 10-12

Listing Status:
Active
Date Added:
November 4, 2025 at 06:00AM
Listing Office:
RE/MAX Innovative Properties : 603-434-4101
Listing Agent:
Rich Racine : 603-255-5224
MLS ID:
5068481
  • Appliances: Electric Water HeaterOwned Water Heater
  • Basement: ConcreteUnfinishedWalkoutInterior AccessExterior Access
  • Flooring: TileVinyl Plank
  • A/C: None
  • Heating: Direct VentVented Gas Heater
  • Style: Multi-Family
  • Parking: Off StreetParking Spaces 11 - 20
  • Roofing: Asphalt Shingle
  • General: Wood FrameVinyl SidingBlockBrick
  • Road/Access: PublicPublic Maintained Road
  • School District: Newport Town School District
  • County: Sullivan
  • Driveway: Dirt
  • Zoning: PBD10PROF BUS DIST
  • Utilities: Cable
  • Water: Public
  • Sewer: Public

This listing courtesy of Rich Racine, RE/MAX Innovative Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Richards School

21 School St, Newport, NH, 03773

Grades PK-5

0.62 miles away

N

Newport Middle School

245 N Main St, Newport, NH, 03773

Grades 6-8

1.32 miles away

N

Newport High School

245 N Main St, Newport, NH, 03773

Grades 9-12

1.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.