List Price: $1,675,000 | $199 per sq.ft. Multi Family A 12 Unit Multi Family Home
With 11 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Monday Mar 2, 2026 | MLS# 5077956
524 Sunapee Street Newport NH
Listed by Matthew Lefebvre Downtown Realty
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.
Annual Expenses

Taxes: $16,241
Income
Construction: Wood Frame | Vinyl Siding
Year Built: 1920
Style: Apartment Building | Multi-Family | Multi-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 11668
Above Grade Sq.Ft.: 8424
Basement: Concrete Floor | Full | Partially Finished
Exterior Color: Tan
Roof: Membrane
Seasonal: No
Heating: Oil | Hot Water
Cooling: None
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Other
Electric Meters: 13
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.31 acres
Zoned: Light Commercial)
Surveyed: Unk
Flood Zone: No
Driveway: Paved


Easement - Unknown
Block - 0
Taxes $16,241
Assesed Value Not Reported
Schools

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