Newport Heights Multifamily Investment Property

524 Sunapee St, Newport, NH 03773

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For Sale

$1,675,000

12-unit multifamily property in Newport, NH with recent renovations.

Type:Investment

HighLights

Renovated Units & Common Areas enhance tenant experience.
Diversified Unit Mix of studio, one‑bedroom, and two‑bedroom apartments.
Recent Building Upgrades include a new roof, electrical and plumbing improvements, and electronic locks.
On‑Site Amenities: Enjoy one off‑street parking space per unit and a coin‑operated laundry facility.
Potential for Additional Income through basement storage locker conversion.
Efficient Heating System: Oil‑fueled forced hot water baseboard heat.

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Listing Contact

Matthew Lefebvre

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For Sale

$1,675,000

12-unit multifamily property in Newport, NH with recent renovations.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 8:32 pm

Property Features for 524 Sunapee St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1920

We can help!

Listing Contact

Matthew Lefebvre

Listing agent Matthew Lefebvre License #070207

Listing office Downtown Realty

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Downtown Realty

HighLights

Renovated Units & Common Areas enhance tenant experience.
Diversified Unit Mix of studio, one‑bedroom, and two‑bedroom apartments.
Recent Building Upgrades include a new roof, electrical and plumbing improvements, and electronic locks.
On‑Site Amenities: Enjoy one off‑street parking space per unit and a coin‑operated laundry facility.
Potential for Additional Income through basement storage locker conversion.
Efficient Heating System: Oil‑fueled forced hot water baseboard heat.

Overview

Newport Heights is a 12-unit multifamily investment property located at 524 Sunapee Street in Newport, New Hampshire. The well-maintained apartment building features a diversified unit mix of studio, one-bedroom, and two-bedroom apartments. The building has undergone significant capital improvements, including renovations to all residential units and common areas, enhancing both interior finishes and overall tenant experience. Additional upgrades include a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors. Mechanical systems consist of oil-fueled forced hot water baseboard heat. Newport Heights benefits from on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility. The basement also contains additional space that could be converted into tenant storage lockers. Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. The property is somewhat bikeable and car-dependent.

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Local Demand

City: Newport
County: Sullivan
State: New Hampshire
Longitude: -72.1373701
Latitude: 43.3759074

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For sale
Apartment buildings
NH
Newport
03773
524 Sunapee St

What type of property is this?

Apartment building - 12-unit multifamily property in Newport, NH with recent renovations.

Where is this apartment building located?

The property is located at 524 Sunapee St Newport, NH.

What is the asking price?

The asking price for this property is $1,675,000.

What are key features of this property?

This property features: Renovated Units & Common Areas enhance tenant experience.; Diversified Unit Mix of studio, one‑bedroom, and two‑bedroom apartments.; Recent Building Upgrades include a new roof, electrical and plumbing improvements, and electronic locks.