The Clerkin Agency P.C. | Multi Family in Newport NH|

802-295-1355
The Clerkin Agency, P.C.
565 Maple Street
White River Junction, Vermont. 05001

Listed by Jessica & Anthony Dolan Dolan Real Estate Phone: 603-359-9177 on April 6th 2024

Price Change! reduced by $50,100 down 7% on May 13th 2024 $699,900 \| $270 per sq.ft. \| MLS# 4990421 A 3 Unit Multi Family Home, 110 Laurel Street Newport NH With 2 - One Bedroom Units \| 1 - Two Bedroom Units
Description: GREAT INVESTMENT OPPORTUNITY!! Experience the best in this unique property, nestled in the town of Newport, within walking distance to downtown and all it has to offer. This expansive 22-acre estate offers many opportunities for development, with 233 feet of road frontage and access to town water and sewer. Situated in a quiet neighborhood, this home has a new roof installed in 2020 and all exterior wood trim was painted this year. Attached is an impressive 2 story barn, with 2 additional lofts, offering plenty of space for storage of equipment, recreational vehicles and tools. There are workshops on the first and second levels. The home itself is currently divided into 3 separate one bedroom living quarters, providing a nice income. However, great care was taken by the owner who lives onsite, to design the spaces in such a way that the property could easily be returned to a single family home or keep one apartment for income while living in a 2 bedroom home with ensuite baths. Currently there are 3 bedrooms and 3-1/2 baths and laundry rooms on the first and second floor. The first floor master suite has a dressing room and master bath. The attached 2 bay garage and workshop, offer endless possibilities with plenty of storage and work space. From the back patio, you can enjoy the peaceful views of the woods and lush lawns which surround the house. Location : Near Shopping \| Neighborhood

Annual Expenses
Taxes: $6,743

Income

UNIT 1 INFORMATION Beds: 1 Baths: 1 Rooms: 0 Rent : 1350.00 Monthly Lease Term : Month to Month Signed Lease : Yes Status : Leased	UNIT 2 INFORMATION Beds: 1 Baths: 1 Rooms: 0 Rent : 1150.00 Monthly Lease Term : Month to Month Signed Lease : Yes Status : Leased	UNIT 3 INFORMATION Beds: 2 Baths: 2

FEATURES AND DETAILS

LAND DESCRIPTION: LOT DESCRIPTION: Field/Pasture | Sloping | Wooded

Livable Space: 2591
Above Grade Sq.Ft.: 2591
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Baseboard
Cooling: None
HeatFuel: Oil | Wood
Electric: 200 Amp
Style: Colonial
Roof: Shingle - Asphalt
Water: Public
Sewer: Public

Lot size: 22 acres
Zoned: R110 S
Surveyed: Yes
Flood Zone: Unknown
Seasonal: No
Roads: Paved | Public
Road Frontage: 233
Driveway: Paved

ADDITIONAL INFORMATION

Taxes $6,743 | Assesed Value $0 in

SCHOOLS

School District: Newport Town School District
Elementary School: Richards Elementary School
Middle School: Newport Middle and High School
High School: Newport Middle High School

Serving the needs of Buyers and Sellers in New Hampshire and Vermont since 1997

Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 17th, 2024.