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Listed price in listed location currency (USD).
$1,675,000

0120

MLS® 5077956

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 8424 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.31 acres
Approx. Age 1920
Avg. Price Per Sqft $198
MLS® Number 5077956

Property Address: 524 Sunapee St, Newport, NH, 03773-1493

Average square foot calculated using Size range provided by listing agent.

Description

Introducing Newport Heights; a 12-unit multifamily investment property located at 524 Sunapee Street in Newport, New Hampshire. Offered at $1, 675, 000, this well-maintained apartment building features a diversified unit mix of studio, one-bedroom, and two-bedroom apartments, providing broad tenant appeal and stable occupancy potential within the greater Newport market. The building has undergone significant capital improvements, including renovations to all residential units and common areas, enhancing both interior finishes and overall tenant experience. Additional upgrades include a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors, reducing near-term capital expenditure needs for future ownership. Mechanical systems consist of oil-fueled forced hot water baseboard heat, offering efficient and reliable building-wide heating. Newport Heights benefits from functional on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility that provides supplemental income. The basement also contains additional space that could be converted into tenant storage lockers, creating an opportunity for future ancillary revenue. With its recent renovations, efficient unit mix, and potential for additional income streams, Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. Sold as a package with 37-45 Pleasant Street, Claremont, NH. Broker Interest. Financials available upon execution of NDA.
MLS® Number5077956
Laundry Level
Central VacNo
FireplaceNo
Acreage0.31
Exterior
GarageNo
Approx. Age1920
BasementConcrete Floor, Full, Partially Finished
DrivewayParking Spaces 11 - 20, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$1,675,000List Price
  • Commute

Commute

Starting Address
Destination Address
524 Sunapee St, Newport, NH

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