Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    150 S Main St Newport, NH 03773

    For Sale
    $800,000

    Multi-Family - Newport, NH

    Property size:
    4,388 SF
    Lot size:
    0.45 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 150 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PBD10PROF BUS DIST
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    13
    Bathrooms
    8
    EntryLevel
    Unit 4: 1,Unit 6: 1,Unit 1: 1,Unit 2: 2,Unit 3: 2,Unit 7: 2
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    4,388 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    7
    Flooring type
    Tile, Vinyl
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Innovative Properties (603) 589-8800 [email protected]

    Listing agent Rich Racine (603) 434-4101

    Listing date Nov 8, 2025

    MLS# 5068481 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multifamily Investment Opportunity

    This expansive 7-unit multifamily building presents a turnkey investment opportunity in Newport, New Hampshire. The property features modernized living spaces, strong cash flow potential, and low-maintenance operations. Each of the seven units has been fully renovated with contemporary upgrades, including new flooring throughout, modernized kitchens with updated cabinetry, countertops, and appliances, fully remodeled bathrooms, and updated plumbing and electrical fixtures. The large building footprint includes abundant on-site parking for tenants and guests, as well as an on-site dumpster. Tenants pay for heat, electric, and hot water. The property has a strong rental history in a stable residential market. Situated on South Main Street, residents have walkable access to downtown Newport's shops, cafes, and services. The property is located minutes from Newport Golf Club and 20 minutes from Mount Sunapee Resort. Lake Sunapee and the Dartmouth-Lake Sunapee Region are also nearby. The property is zoned PBD10PROF BUS DIST and has a lot size of 0.45 acres. The building size is 4388 square feet. The property will be shown on Sunday 11/9/25 from 10 AM to 12 PM.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Auto Repair Shop Wholesale Shop Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Sullivan
    State
    New Hampshire
    Longitude
    -72.2102
    Latitude
    43.3489

    Nearby Similar for Sale

    • $495,000
      2,371 SF

      Newport Multifamily Home on Scenic Acres

      Two-unit multifamily home on 2.02 acres in North Newport.
      23 Fetcher Rd, Newport, NH 03773
      View Details
    • $225,000
      2,944 SF

      Newport Multi-Family Investment Opportunity

      Two spacious units in a prime, walkable location.
      95-97 Cheney St, Newport, NH 03773
      View Details
    • $1,300,000
      1.03 Acres

      Versatile Commercial Property in Newport

      Unique 12,500 SF property suitable for various ventures.
      35 Spg St, Newport, NH 03773
      View Details
    • $319,000
      2,184 SF

      Newport Multi-Family Investment Opportunity

      Two-unit multi-family home near Lake Sunapee and Dartmouth Hitchcock.
      11 Putnam Rd, Newport, NH 03773
      View Details
    • $199,000

      Versatile Commercial Property in Newport

      High-visibility corner lot with endless potential for various business ventures.
      80 Sunapee St, Newport, NH 03773
      View Details
    • $695,000

      Spacious Garage with Loading Docks

      Six-bay garage with loading docks on 1.7 acres.
      250 John Stark Hwy, Newport, NH 03773
      View Details

    FAQs

    What type of property is this?
    Apartment building - Fully updated 7-unit multifamily property in Newport, New Hampshire.
    Where is this apartment building located?
    The property is located at 150 S Main St Newport, NH.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Turnkey, fully renovated 7-unit multifamily property offering immediate income and strong cash flow potential.; - Tenant-paid utilities maximize owner profitability.; - Prime location on South Main Street, Newport, with walkable access to downtown amenities.
    (603) 434-4101
    Request Owner's contact information
    150 S Main St Newport, NH 03773
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 S Main St
    Newport, NH 03773
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 S Main St Newport, NH 03773
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.