NOT LISTED FOR SALE

14 Coitview Dr Newport, NH 03773

2 Beds
2 Baths
1,442 Sq Ft
0.25 Acres

Last Sold December 29, 2020

Last sale price $75,000 $52 Per Sq Ft

4 Days on Market

Highlights

  • River Nearby
  • Porch
  • Baseboard Heating
  • Wood Flooring
  • Zoned Heating
  • Asbestos

About This Home

As of December 2020

Investor’s Special! In the great little Town of Newport (not far from Lake Sunapee with abundant summer and winter recreational options), this multifamily house contains 2 rental units—a studio apartment with a long-term tenant and a fully upgraded 2-bedroom apartment which could easily serve as an owner-occupied unit. Many improvements were done to the 2-bedroom unit last year such as new flooring, new paint, a new sliding glass door, 4 new windows, a new door, all new cupboards, and a new refrigerator. A new bulkhead, new back stairs, and another new refrigerator are scheduled to be installed shortly. The exterior of the house needs work, but don’t be fooled—there’s a gem inside!

Last Agent to Sell the Property

Aubrey Freedman

Coldwell Banker Realty Nashua Listed on: 12/05/2020

Coldwell Banker Realty Nashua

Last Buyer's Agent

Buddy Howe

Coldwell Banker LIFESTYLES License #073213

Coldwell Banker LIFESTYLES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 1.75-Story Property

Flooring

  • Wood
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Crawl Space

Outdoor Features

  • River Nearby
  • Porch

Schools

  • Richards Elementary School
  • Newport Middle And High School
  • Newport Middle High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 031000
  • 33% Total Tax Rate

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,709
  • Gross Income $19,200
  • Net Operating Income $10,491

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,459

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Modified, Multi-Family, Multi-Level
  • Directions: From I-89, take Exit 12. Turn onto NH-11/Newport Road. Drive 9.6 miles and turn right onto Coitview Drive. It's the second house on the right side.
  • Flood Zone: Unknown
  • Assessment Amount: 74300
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 52.01
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1533
  • Sq Ft - Apx Total Finished: 1442
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Investor’s Special! In the great little Town of Newport (not far from Lake Sunapee with abundant summer and winter recreational options), this multifamily house contains 2 rental units—a studio apartment with a long-term tenant and a fully upgraded 2-bedroom apartment which could easily serve as an owner-occupied unit. Many improvements were done to the 2-bedroom unit last year such as new flooring, new paint, a new sliding glass door, 4 new windows, a new door, all new cupboards, and a new refrigerator. A new bulkhead, new back stairs, and another new refrigerator are scheduled to be installed shortly. The exterior of the house needs work, but don’t be fooled—there’s a gem inside! Located only a stone’s throw from the Sugar River, it’s a mere 1.25 miles to downtown Newport with its unique shops. It’s also located within close driving distance of Ruger’s plant and could serve as potential housing for local employees. Lots of possibilities for this house and all for $75K. It’s the best bargain in town!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Laminate, Wood
  • Total Rooms Above Ground: 6
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Crawl Space, Full, Unfinished
  • Sq Ft - Apx Finished AG: 1442
  • Sq Ft - Apx Unfinished AG: 27
  • Sq Ft - Apx Unfinished BG: 64

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos, Shingle
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch

Garage/Parking

  • Garage Capacity: 1
  • Parking: Parking Spaces 1 - 10
  • Garage Type: Carport

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Irving Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Cooling: Wall AC Units
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Trash: Dumpster, Municipal
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Newport Sch Dst SAU #58
  • Elementary School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School
  • Elementary School: Richards Elementary School
  • High School: Newport Middle High School

Lot Info

  • Map: 00107
  • Lot: 031000
  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: City Lot, Level, River
  • Surveyed: Unknown
  • Zoning: B110 Light Commercial
  • Deed Book: 2060
  • Deed Page: 220
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 19200
  • Net Income: 10491
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Rate: 33.1
  • Tax Gross Amount: 2459
  • Tax Year: 2020

MLS Schools

  • School District: Newport Sch Dst SAU #58
  • School Middle Jr: Newport Middle and High School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $75,000 0.0% $52 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $75,000 -- $52 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4840877

PrimeMLS

APN: NWPT M:00107 B:031000 L:000000