NOT LISTED FOR SALE

9 Depot St Newport, NH 03773

8 Beds
6 Baths
4,693 Sq Ft
4,356 Sq Ft Lot

Last Sold August 03, 2022

Last sale price $329,000 $70 Per Sq Ft

6 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • 1-minute walk to Newport Town Common
  • Hot Water Heating System
  • Wood Siding

About This Home

As of August 2022

Solid! Fully rented turn-key 4 Family conveniently located in the heart of Newport. All 2 bed rm units and 2 units with 1.5 baths. Large and spacious units. The exterior is currently being painted and most units have been renovated within recent years. Great tenants, low maintenance yard, parking. Great ROI gross: $60,300 expenses to include taxes: $12,966 Net: $47,333.52

Last Agent to Sell the Property

Beth Decato-Beaulieu

Keller Williams Realty-Metropolitan License #058923 Listed on: 05/20/2022

Keller Williams Realty-Metropolitan

Last Buyer's Agent

Beth Decato-Beaulieu

Keller Williams Realty-Metropolitan License #058923 Listed on: 05/20/2022

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1810

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Separate Meters
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 010000

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $13,493
  • Gross Income $60,300
  • Net Operating Income $47,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Footprint: 82x30
  • Assessment Amount: 111500
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 70.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6759
  • Sq Ft - Apx Total Finished: 4693
  • Year Built: 1810
  • Remarks Public: Solid! Fully rented turn-key 4 Family conveniently located in the heart of Newport. All 2 bed rm units and 2 units with 1.5 baths. Large and spacious units. The exterior is currently being painted and most units have been renovated within recent years. Great tenants, low maintenance yard, parking. Great ROI gross: $60,300 expenses to include taxes: $12,966 Net: $47,333.52.
  • List Agent: 4628
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Laminate
  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, No Tenant Access, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 4693
  • Sq Ft - Apx Unfinished AG: 123
  • Sq Ft - Apx Unfinished BG: 1943

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood Siding
  • Foundation: Brick, Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 4
  • Total Heat Units: 2
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable - Available, Internet - Cable

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: 00111
  • Lot: 000000
  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: B110 L
  • Deed Book: 2093
  • Deed Page: 441
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60300
  • Net Income: 47333
  • Total Full Baths: 6
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 3691
  • 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
08/03/2022 08/03/22 Sold $329,000 +3.1% $70 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $319,000 +77.2% $68 / Sq Ft
01/02/2020 01/02/20 Sold $180,000 -7.7% $38 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $195,000 -- $42 / 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: 4911155

PrimeMLS