List Price: $220,000 | $217 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Oct 30, 2024 | MLS# 5020586



Address: 28 Court Street Newport NH
Listed by Nick Gray Gray Property Group, LLC
Description:
Back on market after new management hired, building improvements made, and leases updated. Beautifully renovated duplex in charming Newport. This property features two meticulously updated 2-bedroom, 1-bathroom apartments with stainless steel appliances, white cabinetry, bright countertops, vinyl plank flooring, new drywall, and fresh paint throughout. The building is fully occupied with strong income at ~$32K/year that is primed for future growth. Separate utilities make the tenants responsible for their own heat, hot water, and electricity, meanwhile the landlord pays for only water/sewer. Each unit has a propane Rinnai heating system and electric water heater installed within the last 4 years. A paved driveway provides 2-3 off-street parking spaces, and there is ample street parking in the immediate vicinity. Washer/dryer hookups are in-unit. Delayed showings begin November 9th. Owner is a real estate licensee.
Annual Expenses

Taxes: $0
Income

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1466.00 Monthly
Status : Month to Month

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Tenant Pays : Electric,Heat,Hot Water
Rent : 1250.00 Monthly
Status : Month to Month

Construction: Wood Exterior
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 1656
Above Grade Sq.Ft.: 1012
Basement: Stairs - Interior
Foundation: Stone
Roof: Shingle
Seasonal: No
Heating: Oil | Hot Water
Cooling: None
Electric: 200 Amp
Utilities: None
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.13 acres
Zoned: 2F RES)
Surveyed: No
Flood Zone: No
Roads: Paved
Driveway: Paved
Additional Information
Block - Unknown
Taxes $0
Assesed Value Not Reported
Schools

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