$499,000
UNDER CONTRACT $101K PRICE DROP

49 Park St Newport, NH 03773

Estimated payment $3,539/month

Total Views 14,548
-- Bed
-- Bath
5,022 Sq Ft
$99 Price per Sq Ft

Highlights

  • Colonial Architecture
  • 2 Car Garage
  • 2-minute walk to Newport Town Common
  • Hot Water Heating System
  • Level Lot

About This Home

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.

Listing Agent

Michael Pitkin

Coldwell Banker LIFESTYLES - Sunapee Brokerage Phone: 603-504-4030 Listed on: 09/16/2024

Coldwell Banker LIFESTYLES - Sunapee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,399

Year Built

  • Built in 1865

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Roof
  • Slate Roof
  • Metal Roof
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • Property has 2.5 Levels
  • Basement
  • Interior Basement Entry

Schools

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

Utilities

  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 046000
  • Assessor Parcel Number 000111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,399

Year Built

Built in 1865

Lot Details

0

Parking

2

Listing Details

  • Directions: At the traffic circle in downtown Newport stay right down the one way street with the post office (Park Street). Continue straight and house will be on the right marked with a sign.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1865
  • Display On Internet: Internet - Cable
  • Architectural Style: Colonial
  • ResoLotFeatures: Landscaped, Level, Near School(s)
  • Road Frontage Type: Paved, Public
  • Attribution Contact: Cell: 603-504-4030
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 5022.0
  • Unit Levels: 2.5
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 5022
  • SqFt_Apx_Unfn_Above_Grade: 367
  • SqFt_Apx_Unfn_Below_Grade: 244
  • SqFt_Apx_Total: 5633
  • Basement_Access_Type: Interior
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Bulkhead, Stairs - Exterior, Stairs - Interior, Unfinished, Interior Entry, Exterior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Roof: Metal, Shingle - Asphalt, Slate
  • Construction Type: Clapboard Exterior, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Hot Water
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Schools

  • Elementary School: Richards Elementary School
  • High School: Newport Middle High School
  • Middle Or Junior School: Newport Middle and High School

Lot Info

  • Surveyed: Unknown
  • Zoning: PBD10PROF BUS DIST
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9399.0
  • Tax Block: 000000
  • Tax Lot: 046000
  • Tax Map Number: 000111

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,690 $398,600 $77,600 $321,000
2023 $9,399 $398,600 $77,600 $321,000
2022 $8,331 $398,600 $77,600 $321,000
2021 $8,699 $263,600 $43,000 $220,600
2020 $8,725 $263,600 $43,000 $220,600
2019 $8,575 $263,600 $43,000 $220,600
2018 $8,013 $263,600 $43,000 $220,600
2017 $7,919 $263,600 $43,000 $220,600
2016 $8,628 $300,300 $42,800 $257,500
2015 $8,784 $300,300 $42,800 $257,500
2014 $9,501 $300,300 $42,800 $257,500
2013 $9,006 $300,300 $42,800 $257,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2025 06/22/25 Price Changed $499,000 0.0% $99 / Sq Ft
06/22/2025 06/22/25 Price Changed $499,000 -16.8% $99 / Sq Ft
09/16/2024 09/16/24 For Sale $600,000 0.0% $119 / Sq Ft
09/16/2024 09/16/24 For Sale $600,000 -- $119 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed $118,800 --
Deed $118,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,400 Commercial
Closed $230,400 Commercial
Previous Owner $35,000 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Source: PrimeMLS

MLS Number: 5014494

PrimeMLS

APN: NWPT-000111-046000