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  • Listed by: 

    Buddy Howe,

    Coldwell Banker LIFESTYLES - Sunapee Cell:603-454-4995

    Bought with: Coldwell Banker LIFESTYLES - Sunapee
    $325,000

    9 Summer Street, Newport, NH 03773

    7beds
    4baths
    2,835sqft
    Multi Family
    Built in 1860
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $3,121 Estimated rent

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    $3,121/mo

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    $3,121/mo

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    $2,312/mo

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    $2,312/mo

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    What's special

    Uncover the extraordinary potential of this well maintained 4-unit property, each apartment radiating a harmonious blend of contemporary design and practicality. Positioned in close proximity to the town center and in close proximity to our area’s greatest attractions such as Mount Sunapee and Lake Sunapee, this property stands as a beacon for active investors. The interiors have undergone thoughtful updates, ensuring a modern and inviting living space for tenants. What sets this property apart is not just its picturesque interior design but also its remarkable profitability, consistently fully occupied, securing a steady and reliable income. Additionally, a detached shop, formerly a busy wood working business, adds an extra layer of versatility to this unique investment. Boasting a strategic commercial zoning, this property not only capacities a flourishing passive income stream, but also opens doors to diverse entrepreneurial ventures. Seize the opportunity to own a property that seamlessly combines residential comfort with commercial opportunity, offering both a secure investment and a chance for entrepreneurial creativity.

    Zillow last checked: 7 hours ago

    Listing updated: February 23, 2024 at 12:17pm

    Listed by:

    Buddy Howe,

    Coldwell Banker LIFESTYLES - Sunapee Cell:603-454-4995

    Bought with:

    Michael Pitkin

    Coldwell Banker LIFESTYLES - Sunapee

    Source: PrimeMLS,MLS#: 4982273MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Oil, Baseboard
    Cooling
    • None
    Appliances
    • Included: Water Heater off Boiler
    Features
    • Basement: Exterior Entry,Walk-Up Access
    Interior area
    • Total structure area: 4,273
    • Total interior livable area: 2,835 sqft
    • Finished area above ground: 2,835
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Other
    Features
    • Levels: 2.5
    • Patio & porch: Porch
    • Exterior features: Storage
    • Frontage length: Road frontage: 117
    Lot
    • Size: 0.31 Acres
    • Features: Open Lot, Ski Area, Trail/Near Trail, Near Golf Course, Near Paths, Near Shopping, Near Skiing
    Details
    • Additional structures: Outbuilding
    • Parcel number: NWPTM00111B211000L000000
    • Zoning description: B2 Heavy Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Concrete, Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Newport