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Spacious Multifamily Home, 7 Bedrooms
For Sale
$580,000

36 Spring St, Newport, NH 03773

Large multifamily home with 7 bedrooms, ideal for investors.

Property Size3,534 SF
Price / SF$164.12
Days on Market144

Property Features for 36 Spring St

General Information

Standard status Active
Size 3,534 SF
Property subtype Multi-Family

Building Details

Year Built 1945
Listing Agency: C.G. Shepherd Realty, LLC
Listed By: Nicholas R Shepherd, Shelbie Shepherd
Source: Carolslocum
Added: Apr 24 Changed: Sep 3 Last Checked: Sep 13 at 11:54AM

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 C.G. Shepherd Realty, LLC

Investment Insights

Based on property information with market context.

This large multifamily home features a total of 7 bedrooms, suitable for investors or multi-generational families. A spacious 4-bedroom unit includes an updated kitchen with modern finishes and hardwood floors. The property offers generous room sizes and functional layouts. It presents income potential for investors and the option to accommodate extended family living with separate units. The location has a walk score of 46, indicating it is car-dependent, and a bike score of 26, meaning it is somewhat bikeable.

Key Highlights

  • Large multifamily home with 7 total bedrooms, suitable for investors or multi‑generational families.
  • Spacious 4‑bedroom unit with updated kitchen and modern finishes.**
  • Hardwood floors throughout the 4‑bedroom unit.**

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Furniture & Home Goods Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 03773, NH

7,801
Population
3,865
Households
2
Avg Household Size
46
Median Age
30%
College-Educated
93%
High-School Grad
94.2 sq mi
ZIP Area
83
Density / Sq Mi
$78,073
Median Household Income
$44,167
Median Earnings
$1,238
Median Rent
$210,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Large multifamily home with 7 bedrooms, ideal for investors.
Where is this multifamily property located?
The property is located at 36 Spring St Newport, NH.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Large multifamily home with 7 total bedrooms, suitable for investors or multi‑generational families.; Spacious 4‑bedroom unit with updated kitchen and modern finishes.**; Hardwood floors throughout the 4‑bedroom unit.**
More about this property
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