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    140 North Main St Newport, NH 03773

    For Sale
    $925,000

    Two buildings with eight units, investment opportunity in Newport.

    Lot size:
    0.82 Acres

    Property Features for 140 North Main St

    General Information

    Lot size
    0.82 Acres

    Building Details

    Year built
    1900

    Source: Coldwell Banker LIFESTYLES - Sunapee Agent Tyler Richardson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Multifamily Investment Opportunity

    This investment opportunity is located on North Main St in Newport. The property comprises two separate buildings with a total of 8 units. The unit mix includes 5 two-bedroom units, 2 three-bedroom units, and 1 one-bedroom unit. Currently, 6 units are occupied. The remaining 2 units are available for owner occupancy, renovation, or new rental income opportunities. Heat is included in the rent. Each building is equipped with a new boiler. The buildings are serviced by town water and sewer. Ample parking is available for all tenants, and outside storage is also provided.
    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

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with eight units, investment opportunity in Newport.
    Where is this apartment building located?
    The property is located at 140 North Main St Newport, NH.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Investment opportunity with 8 total units: 5 two-bedroom, 2 three-bedroom, and 1 one-bedroom.; - Immediate income potential with 6 of 8 units currently occupied.; - Opportunity for owner occupancy or increased rental income with 2 vacant units.
    (603) 504-2558
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    Newport, NH 03773
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    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
    140 North Main St Newport, NH 03773
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