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  • Listed by: Coldwell Banker LIFESTYLES - Sunapee
    Bought with: Coldwell Banker LIFESTYLES - Sunapee
    $325,000

    9 Summer Street, Newport, NH 03773

    7beds
    4baths
    2,835sqft
    Multi Family
    Built in 1860
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $2,961 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,961/mo

    Zestimate® history
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    What's special

    Busy wood working businessDetached shop
    Uncover the extraordinary potential of this well maintained 4-unit property, each apartment radiating a harmonious blend of contemporary design and practicality. Positioned in close proximity to the town center and in close proximity to our area’s greatest attractions such as Mount Sunapee and Lake Sunapee, this property stands as a beacon for active investors. The interiors have undergone thoughtful updates, ensuring a modern and inviting living space for tenants. What sets this property apart is not just its picturesque interior design but also its remarkable profitability, consistently fully occupied, securing a steady and reliable income. Additionally, a detached shop, formerly a busy wood working business, adds an extra layer of versatility to this unique investment. Boasting a strategic commercial zoning, this property not only capacities a flourishing passive income stream, but also opens doors to diverse entrepreneurial ventures. Seize the opportunity to own a property that seamlessly combines residential comfort with commercial opportunity, offering both a secure investment and a chance for entrepreneurial creativity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Buddy Howe,

    Coldwell Banker LIFESTYLES - Sunapee Cell:603-454-4995

    Bought with:

    Michael Pitkin

    Coldwell Banker LIFESTYLES - Sunapee

    Source: PrimeMLS,MLS#: 4982273MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Oil, Baseboard
    Cooling
    • None
    Appliances
    • Included: Water Heater off Boiler
    Features
    • Basement: Exterior Entry,Walk-Up Access
    Interior area
    • Total structure area: 4,273
    • Total interior livable area: 2,835 sqft
    • Finished area above ground: 2,835
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Other
    Features
    • Levels: 2.5
    • Patio & porch: Porch
    • Exterior features: Storage
    • Frontage length: Road frontage: 117
    Lot
    • Size: 0.31 Acres
    • Features: Open Lot, Ski Area, Trail/Near Trail, Near Golf Course, Near Paths, Near Shopping, Near Skiing
    Details
    • Additional structures: Outbuilding
    • Parcel number: NWPTM00111B211000L000000
    • Zoning description: B2 Heavy Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Concrete, Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Newport

    Price history

    DateEventPrice
    2/23/2024Sold$325,000+12.5%$115/sqft
    Source: PrimeMLS #4982273 Report a problem
    1/15/2024Listed for sale$289,000$102/sqft
    Source: PrimeMLS #4982273 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,697 +47%$193,200 +42.6%
    2023$3,195 +12.8%$135,500
    2022$2,832 +13.6%$135,500 +79.9%
    2021$2,492 $75,300
    2020$2,492 +1.7%$75,300
    2019$2,450 +7%$75,300
    2018$2,289 +1.2%$75,300
    2017$2,262 -14.7%$75,300 -18.4%
    2016$2,652 -1.8%$92,300
    2015$2,700 -7.5%$92,300
    2014$2,920 +5.5%$92,300
    2013$2,768 +1%$92,300
    2012$2,740 -33.6%$92,300 -43.3%
    2011$4,128 +5.6%$162,700
    2010$3,908 +1.1%$162,700 +0.3%
    2009$3,864 -0.5%$162,200
    2008$3,885 +9.5%$162,200 +78%
    2006$3,547 $91,100

    Find assessor info on the county website

    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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