4-Unit Multifamily Property with
62 Sunapee St, Newport, NH 03773
For Sale
$519,000
Separate utility meters and heating equipment serve each residence, while six-month leases provide flexibility for occupancy.
Property Size3,851 SF
Price / SF$134.77
Days on Market8
Property Features for 62 Sunapee St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
decks
Building Details
Year Built
Tenancy
Listing Agency:
EXP Realty
(888) 398-7062
Listed By:
Stephen Kelley
(603) 312-4832
Source:
Exprealty
Added: Oct 30
Changed: Nov 6
Last Checked: Nov 6 at 10:54AM
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 EXP Realty
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Investment Insights
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This 3,851-square-foot multifamily property in Newport contains four residences in a building dating to circa 1900. The unit mix includes two three-bedroom apartments, one two-bedroom apartment and one one-bedroom apartment, each with a full bathroom. All four units are rented, with six-month lease terms. Electric and gas service are separately metered, and each apartment has its own heating system and water heater.
A large barn is included, with town approval for up to 20 dry-storage units; sample units are on site. Recent improvements include a new roof, replacement windows and doors, refinished hardwood floors, updated bathrooms, refreshed decks and a crushed-stone driveway. The property occupies a corner lot at 62 Sunapee St and is within walking distance of downtown Newport. Off-street parking accommodates up to 10 vehicles.
A large barn is included, with town approval for up to 20 dry-storage units; sample units are on site. Recent improvements include a new roof, replacement windows and doors, refinished hardwood floors, updated bathrooms, refreshed decks and a crushed-stone driveway. The property occupies a corner lot at 62 Sunapee St and is within walking distance of downtown Newport. Off-street parking accommodates up to 10 vehicles.
Key Highlights
- Four apartments: two 3‑bedroom, one 2‑bedroom and one 1‑bedroom; each has a full bath
- Barn has town approval for up to 20 dry‑storage units, with sample units on site
- Four electric meters, four gas meters, four heating systems and four water heaters
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
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Business Placement
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
$210,600
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Sullivan County, NH
Properties on Market for Multifamily properties in Sullivan County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Separate utility meters and heating equipment serve each residence, while six-month leases provide flexibility for occupancy.
Where is this multifamily property located?
The property is located at 62 Sunapee St Newport, NH.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Four apartments: two 3‑bedroom, one 2‑bedroom and one 1‑bedroom; each has a full bath; Barn has town approval for up to 20 dry‑storage units, with sample units on site; Four electric meters, four gas meters, four heating systems and four water heaters
