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Updated 7-Unit Multifamily Building
For Sale
$800,000
Pending

150 South Main Street, Newport, NH 03773

Renovated interiors feature modern kitchens, remodeled bathrooms, and utilities paid directly by tenants.

Property Size4,388 SF
Days on Market300

Property Features for 150 South Main Street

General Information

Standard status Pending
Size 4,388 SF
Property subtype Multi Family
Zoning PBD10PROF BUS DIST

Additional Details

Road Access Yes
Multifamily Units 7

Amenities

on-site dumpster
Dumpster
Direct Vent, Vented Gas Heater
Yes
Tile, Vinyl Plank
Electric Water Heater, Owned Water Heater
2
7
Walkout
Concrete, Unfinished, Walkout, Interior Access, Exterior Access
Asphalt Shingle
Light Blue
Wood Frame, Vinyl Siding

Building Details

Year Built 1910
Buildings 1
Listing Agency: RE/MAX Innovative Properties
Listed By: Rich Racine · License #72506
Source: Compass
Added: Nov 4, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:15AM

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 RE/MAX Innovative Properties

Investment Insights

Based on property information with market context.

This 7-unit multifamily property contains 4,388 SF within a wood-frame building constructed in 1910. Interior improvements include new flooring, refreshed kitchens with updated cabinetry, countertops, and appliances, plus remodeled bathrooms and updated plumbing and electrical fixtures. The building also offers walkout access, unfinished concrete basement space, an owned electric water heater, and direct-vent or vented gas heating. On-site parking and a dumpster support day-to-day resident operations.

Located at 150 South Main Street in Newport, the property provides access to downtown shops, cafes, and services. Newport Golf Club, Lake Sunapee, Mount Sunapee Resort, and the broader Dartmouth-Lake Sunapee region are also identified as nearby recreational and cultural destinations. The property is zoned PBD10PROF BUS DIST, and tenants pay heat, electric, and hot water expenses.

Key Highlights

  • 7‑unit multifamily property totaling 4,388 SF
  • All 7 units have been renovated with updated kitchens, bathrooms, flooring, plumbing, and electrical fixtures
  • Tenants pay heat, electric, and hot water expenses

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Food Market

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

Lease Details

7
Residential units
Yes
Paved road access

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Renovated interiors feature modern kitchens, remodeled bathrooms, and utilities paid directly by tenants.
Where is this apartment building located?
The property is located at 150 South Main Street 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: 7‑unit multifamily property totaling 4,388 SF; All 7 units have been renovated with updated kitchens, bathrooms, flooring, plumbing, and electrical fixtures; Tenants pay heat, electric, and hot water expenses
More about this property
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