524 Sunapee Street, Newport, NH 03773
Local realty services provided by:ERA Key Realty Services
524 Sunapee Street,Newport, NH 03773
$1,750,000
- - Beds
- 12 Baths
- 8,424 sq. ft.
- Multi-family
- Active
Listed by: matthew lefebvre
Office: downtown realty603-554-2309
MLS#:5102862
Source:PrimeMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$149.98
About this home
Introducing Newport Heights; a 12-unit multifamily investment property located near the border of Newport and Sunapee. Offered individually for sale at $1,750,000, this well-maintained apartment building features a diversified unit mix of one-bedroom, oversized 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 of all residential units and common areas, a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors. Minimal near-term capital expenditure remain for future ownership allowing for a turnkey, multifamily investment. The heating system consists of an efficient, Buderus-brand oil-fueled forced hot water boiler providing individually zoned baseboard heat throughout the building. 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. Broker Interest. Financials available upon execution of NDA....
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Home facts
- Year built:1920
- Listing ID #:5102862
- Added:11 day(s) ago
- Updated:August 12, 2026 at 11:16 AM
Rooms and interior
- Total bathrooms:12
- Full bathrooms:12
- Basement Description:Concrete Floor, Full, Interior, Partially Finished
- Living area:8,424 sq. ft.
Heating and cooling
- Heating:Hot Water, Oil
Structure and exterior
- Roof:Membrane
- Year built:1920
- Building area:8,424 sq. ft.
- Lot area:0.31 Acres
- Levels:3 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$149.98
- Tax amount:$16,241 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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