This listing courtesy of Matthew Lefebvre , Downtown Realty
$1,675,000

524 Sunapee Street, Newport, NH 03773

  • 12 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Introducing Newport Heights; a 12-unit multifamily investment property located at 524 Sunapee Street in Newport, New Hampshire. Offered at $1,675,000, this well-maintained apartment building features a diversified unit mix of studio, one-bedroom, and two-bedroom apartments, providing broad tenant appeal and stable occupancy potential within the greater Newport market. The building has undergone significant capital improvements, including renovations to all residential units and common areas, enhancing both interior finishes and overall tenant experience. Additional upgrades include a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors, reducing near-term capital expenditure needs for future ownership. Mechanical systems consist of oil-fueled forced hot water baseboard heat, offering efficient and reliable building-wide heating. Newport Heights benefits from functional on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility that provides supplemental income. The basement also contains additional space that could be converted into tenant storage lockers, creating an opportunity for future ancillary revenue. With its recent renovations, efficient unit mix, and potential for additional income streams, Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. Sold as a package with 37-45 Pleasant Street, Claremont, NH. Broker Interest. Financials available upon execution of NDA.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
March 19, 2026 at 6:57AM
Listing Office:
Downtown Realty : 603-554-2309
Listing Agent:
Matthew Lefebvre : 603-554-2309
MLS ID:
5077956
  • Basement: Concrete FloorFullPartially Finished
  • A/C: None
  • Heating: OilHot Water
  • Style: Apartment BuildingMulti-FamilyMulti-Level
  • Parking: Parking Spaces 11 - 20Paved
  • Roofing: Membrane
  • General: Wood FrameVinyl SidingGranite
  • Road/Access: PavedPublic
  • County: Sullivan
  • Driveway: Paved
  • Zoning: Light Commercial
  • Utilities: Other
  • Water: Public
  • Sewer: Public

This listing courtesy of Matthew Lefebvre , Downtown Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Richards School

21 School St, Newport, NH, 03773

Grades PK-5

1.84 miles away

N

Newport Middle School

245 N Main St, Newport, NH, 03773

Grades 6-8

2.05 miles away

N

Newport High School

245 N Main St, Newport, NH, 03773

Grades 9-12

2.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
Presented by Veterans United Realty