NOT LISTED FOR SALE

18 Court St Newport, NH 03773

5 Beds
3 Baths
2,587 Sq Ft
10,454 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $230,000 $89 Per Sq Ft

23 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Newport Town Common

About This Home

As of May 2022

Fully rented three unit Multifamily home in great condition. Live here for free and rent the two other units or rent al three for your maximum investment. This home has gone thru many upgrades starting in 2005, 2007 and 2012. During those improvements much of the wiring plumbing and appliances were updated. Current rents are all under market value, so there more flexibility in the income. OPEN HOUSE FOR WEEKEND OF MARCH 19TH & 20TH CANCELLED.

Last Agent to Sell the Property

Sam Wasp

American Heritage Realty License #061037 Listed on: 03/15/2022

Last Buyer's Agent

Sam Wasp

American Heritage Realty License #061037 Listed on: 03/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1880

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating unit installed on the ceiling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 34000

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $30,300
  • Net Operating Income $17,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,180

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Traffic Circle in Newport to North Main street (RT. 10) heading North. Travel north approx. 1/2 mile to Court street on Left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 91.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2705
  • Sq Ft - Apx Total Finished: 2587
  • Year Built: 1880
  • Remarks Public: Fully rented three unit Multifamily home in great condition. Live here for free and rent the two other units or rent al three for your maximum investment. This home has gone thru many upgrades starting in 2005, 2007 and 2012. During those improvements much of the wiring plumbing and appliances were updated. Current rents are all under market value, so there more flexibility in the income. OPEN HOUSE FOR WEEKEND OF MARCH 19TH & 20TH CANCELLED.
  • List Agent: 22369
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Dirt, Partial, Unfinished, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2501
  • Sq Ft - Apx Finished BG: 86
  • Sq Ft - Apx Unfinished AG: 118

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle, On Demand
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Forced Air, Gas Heater, In Ceiling, Monitor Type
  • Separate Utilities: Varies
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Utilities: Cable - Available

Lot Info

  • Map: 111
  • Lot: 0000
  • Lot Sq Ft: 10454
  • Lot Acres: 0.24
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: RESIDENTIAL
  • Deed Book: 2174
  • Deed Page: 0279
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30300
  • Net Income: 17164
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4180
  • Tax Year: 2021

Range of Values:

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Sold Price
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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
05/27/2022 05/27/22 Sold $230,000 0.0% $89 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/21/2022 03/21/22 Off Market $230,000 -- --
03/15/2022 03/15/22 For Sale $250,000 +78.6% $97 / Sq Ft
06/29/2016 06/29/16 Sold $140,000 -9.6% $47 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $154,900 -- $51 / 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: 4900999

PrimeMLS

APN: NWPT M:00111 B:034000 L:000000