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    • Listed by: Real Property Options • Alan M Croteau
    Bought with: KW Coastal and Lakes & Mountains Realty
    $369,000

    18 West Street, Newport, NH 03773

    11beds
    4,461sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $521,700 Zestimate®
    $83/sqft
    $1,856 Estimated rent

    Home value

    $521,700

    $464,000 - $590,000

    $1,856/mo

    Zestimate® history
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    What's special

    Don't wait on this one! This property is nicely located, right in the middle of Newport and only 15 minutes to Claremont and 10 minutes to Sunapee. This fully occupied income property has separate electric meters and heating that is paid for directly by the Tenants. 2022 current gross income is proposed to be $58,298 and with the actual 2021 operating expenses; should leave an NOI of approximately $28,298. At the offer price the property is currently available at around a 7.0% cap rate. Detailed financials are available after signing a Confidentiality and Non-Disclosure Agreement.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan M Croteau,

    Real Property Options 603-504-6460,

    Becca B Hastings,

    Real Property Options

    Bought with:

    Elijah VanDenBerg

    KW Coastal and Lakes & Mountains Realty

    Source: PrimeMLS,MLS#: 4917813MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Propane, Forced Air, Gas Heater
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Propane Water Heater
    Features
    • Basement: Concrete Floor,Full,No Tenant Access,Sump Pump,Unfinished,Walkout,Exterior Entry,Walk-Out Access
    Interior area
    • Total structure area: 4,615
    • Total interior livable area: 4,461 sqft
    • Finished area above ground: 3,488
    • Finished area below ground: 973

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, Paved, Direct Entry, Leased, On Site, Underground
    • Garage spaces: 1
    Features
    • Levels: 2.5,Multi-Level
    • Fencing: Partial
    • On waterfront: Yes
    • Waterfront features: River Front
    • Body of water: Sugar River
    • Frontage length: Road frontage: 60
    Lot
    • Size: 0.25 Acres
    • Features: City Lot, Sloped, In Town, Near Shopping
    Details
    • Zoning description: Commercial/Industrial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Clapboard Exterior, Vinyl Siding
    • Foundation: Concrete, Poured Concrete
    • Roof: Membrane,Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 110 Volt, 220 Volts, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Metered, Public
    • Utilities for property: Cable Available

    Community & HOA

    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $83/sqft
    • Annual tax amount: $8,561
    • Date on market: 4/28/2023
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/31/2023Sold$369,000-9.8%$83/sqft
    Source: PrimeMLS #4917813 Report a problem
    4/28/2023Listed for sale$409,000$92/sqft
    Source: PrimeMLS #4917813 Report a problem
    1/12/2023Listing removed--
    Source: PrimeMLS #4917813 Report a problem
    7/25/2022Listed for sale$409,000$92/sqft
    Source: PrimeMLS #4917813 Report a problem
    7/9/2022Contingent$409,000$92/sqft
    Source: PrimeMLS #4917813 Report a problem
    6/27/2022Listed for sale$409,000+128.5%$92/sqft
    Source: PrimeMLS #4917813 Report a problem
    4/28/2017Sold$179,000-5.3%$40/sqft
    Source: PrimeMLS #4621935 Report a problem
    4/13/2017Pending sale$189,000$42/sqft
    Source: Coldwell Banker Homes Unlimited Real Estate #4621935 Report a problem
    3/14/2017Listed for sale$189,000-5.5%$42/sqft
    Source: Coldwell Banker Homes Unlimited #4621935 Report a problem
    5/19/2016Listing removed$199,900$45/sqft
    Source: Coldwell Banker Homes Unlimited Real Estate #4477284 Report a problem
    3/19/2016Listed for sale$199,900$45/sqft
    Source: Coldwell Banker Homes Unlimited #4477284 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 03773

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Richards Elementary School
    • Middle: Newport Middle and High School
    • High: Newport Middle High School
    • District: Newport Sch Dst SAU #58

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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