49 Park Street Newport NH Multi Family For Sale $600000

List Price: $600,000 | $119 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 5 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Sep 16, 2024 | MLS# 5014494

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Address: 49 Park Street Newport NH
Listed by Michael Pitkin Coldwell Banker LIFESTYLES - Sunapee Cell: 603-504-4030
Description:
Welcome to this exquisite 5,000 square foot classic New England bed and breakfast, rich in history and charm. Perfectly located across from the bustling town common, it provides front-row access to local events like the Apple Pie Crafts Festival, lively concerts, the nation's longest continuously-running winter carnival, and a scenic skating rink during winter. Currently a thriving Airbnb with five additional long-term tenants, this property offers a unique income-generating opportunity while maintaining a welcoming atmosphere for short-term guests. Whether visitors seek a peaceful retreat or an adventure-filled escape, this property delivers. It's less than 10 minutes from Mount Sunapee Adventure Park, a summer destination, and the Mount Sunapee Ski Resort for winter sports enthusiasts, with the beautiful shores of Lake Sunapee just a short drive away. Ideal for those who love outdoor recreation, year-round events, and the warmth of small-town living, this home blends timeless New England beauty with modern amenities. Whether you plan to continue operating a successful B&B, expand rental opportunities, or simply enjoy the tranquility of the area, this property is a true gem.

Annual Expenses

Taxes: $9,399

Income

Roof: Metal | Shingle - Asphalt | Slate
Seasonal: No

Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public

Land Information
Landscaped | Level | Near School(s)
Lot size: 0.47 acres
Zoned: PBD10PROF BUS DIST)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 90
Driveway: Paved

Additional Information
Block - 000000
Taxes $9,399
Assesed Value Not Reported

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

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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