150 S Main Street Newport, NH $ 800,000
150 S Main Street
$ 800,000
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150 S Main Street

Newport, NH, 03773
$ 800,000
Bedrooms13 Baths8.0 Sq 4,388

Monthly Estimate*

$ 4,991

Listed by Rich Racine, RE/MAX Innovative Properties, 603-255-5224, rich@racinerealtyteam.com
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Multi-Family Home for sale in Newport, NH

for $800,000 with 13 bedrooms and 8 full baths. This 4,388 square foot home was built in 1910 on a lot size of 0.45.

Investment Opportunity: Fully Updated 7-Unit Multifamily Property Seize this turnkey income-producing asset in the heart of Newport, New Hampshire. This expansive 7-unit multifamily building offers modernized living spaces, strong cash flow potential, and low-maintenance operations—ideal for the savvy investor. Property Highlights: 7 Spacious Units – All fully renovated with contemporary upgrades, including: New flooring throughout, Modernized kitchens with updated cabinetry, countertops, and appliances. Fully remodeled bathrooms Updated plumbing and electrical fixtures for efficiency and safety. Large Building Footprint with abundant on-site parking for tenants and guests On-Site Dumpster for convenient waste management Tenant-Paid Utilities (heat, electric, hot water) – maximizing owner profitability. Strong rental history in a stable residential market. Prime Location: Situated on vibrant South Main Street, residents enjoy walkable access to downtown Newport’s charming shops, cafes, and services. Just minutes from: Newport Golf Club – a scenic 18-hole public course. Mount Sunapee Resort – 20 minutes away for world-class skiing and year-round adventure Lake Sunapee – boating, fishing, and lakeside recreation. Dartmouth-Lake Sunapee Region – cultural events, hiking, and seasonal festivals With all major updates completed and tenant-paid utilities, this property delivers immediate income with minimal deferred maintenance. Property to be shown Sunday 11/9/25 from 10-12

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Multi-Family Contingent

Price

$ 800,000

Bedrooms

13

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

0.45

Year Built

1910

Town/City

Newport

County/Region

Sullivan

MLS | Web ID

5068481

Features
Interior
Basement Description Concrete Unfinished Walkout Interior Access Exterior Access
Basement Yes
Flooring Tile Vinyl Plank
Total Number of Units 7
Unit 4 Bedrooms 1
Total Full Baths 7
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General
Road Frontage TBD
Sewer Public
Heating Direct Vent Vented Gas Heater
Cooling None
Utilities Cable
Roof Asphalt Shingle
Appliances Electric Water Heater Owned Water Heater
Garage No
Flood Zone No
Zoning PBD10PROF BUS DIST
Year Built 1910
Electric 200+ Amp Service
Style Multi-Family
Stories Count 2
Construction Status Existing
Block 021000
Net Income 72767
Gross Income 115800
Status Detail 1
Covenants Unknown
Construction Materials Wood Frame Vinyl Siding
High School Newport Middle High School
City Newport
School District Newport Town School District
Seasonal No
Elementary School Richards Elementary School
Middle School Newport Middle and High School
DOM 34
Price Per Sq Ft Total AG 182.32
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Exterior
Lot Features Major Road Frontage In Town Near Public Transportatn
Driveway Dirt
Lot Size Area 0.45
Water Source Public
Parking Features Off Street Parking Spaces 11 - 20
Foundation Block Brick
Lot 000000
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* Excluded Features
List By
Rich Racine

Listing Agent

Re/Max Innovative Properties

Broker

(603) 255-5224

Phone

rich@racinerealtyteam.com

Email

Affordability Calculator

$4,991
Per Month
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Monthly Principal & Interest
$4,991
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1782956 Elementary School
1007390 Middle School
Newport Middle High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$800,000 Listed Price

Map


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150 S Main Street, Newport, NH, 03773 is a Multi-Family Home for sale at $800,000 with 4,388 sqft and a lot size of 0.45. 150 S Main Street has 13 bedrooms, 8.0 baths, and was built in 1910. The property's zip code is 03773 which is in Newport, NH