Description
Rare investment opportunity in the heart of Newport, New Hampshire, just a short walk to the charming downtown corridor with its local shops, cafes, parks, and the beautiful Sugar River"all the conveniences of small-town New England living without ever needing a car. This well-located multifamily property consists of two spacious three-bedroom units, ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental income in a stable Sunapee Region market. A two-car garage, offering valuable parking and storage space that is hard to find in this area. While the property has solid bones and generous layouts, it presents a fantastic value-add opportunity with some cosmetic updates and deferred maintenance items ready for the next owner to tackle and instantly build equity. Perfect for living in one unit while renting the other, long-term rentals, or even potential condominium conversion, this duplex combines prime walkable location, ample space, and significant upside potential "bring your vision and turn this diamond-in-the-rough into a standout performer!
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0BEDS
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0.54ACRES
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2BATHS
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01/2 BATHS
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2,944SQFT
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$76$/SQFT
School Information
Description
Rare investment opportunity in the heart of Newport, New Hampshire, just a short walk to the charming downtown corridor with its local shops, cafes, parks, and the beautiful Sugar River"all the conveniences of small-town New England living without ever needing a car. This well-located multifamily property consists of two spacious three-bedroom units, ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental income in a stable Sunapee Region market. A two-car garage, offering valuable parking and storage space that is hard to find in this area. While the property has solid bones and generous layouts, it presents a fantastic value-add opportunity with some cosmetic updates and deferred maintenance items ready for the next owner to tackle and instantly build equity. Perfect for living in one unit while renting the other, long-term rentals, or even potential condominium conversion, this duplex combines prime walkable location, ample space, and significant upside potential "bring your vision and turn this diamond-in-the-rough into a standout performer!
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Courtesy of Jessica & Anthony Dolan of Dolan Real Estate: Phone: 603-359-9177.