12 And 14 Whipple Rd, Newport, NH 03773

$1,295,000
8,716
SqFt

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Listing courtesy of Buddy Howe from Coldwell Banker LIFESTYLES. (Cell: 603-454-4995)

List Price
$1,295,000
Status
ACTIVE UNDER CONTRACT
MLS#
5094450
Living Area
8,716
Lot Size
58,806
Acres
1.35
Year Built
2009

Property Description

Exceptional investment opportunity featuring two separate buildings on the same lot with a total of eight well-maintained units in a desirable and private location. Built in 2009, each building offers four spacious two-bedroom, one-bath apartments, including two handicap-accessible units with walk-in showers, ground-level access, and convenient floor plans. Each unit also features its own dedicated laundry area, a sought-after amenity for tenants. The single-site layout provides added convenience for ownership and management while maintaining an attractive setting for tenants. This property has an excellent rental history and has been meticulously maintained throughout ownership. Tenants appreciate the peaceful setting, private rear porches, ample paved parking, and the overall quality of the property. Each unit is separately metered with its own electrical panel, providing efficiency and ease of management. Designed with long-term ownership in mind, the buildings feature vinyl siding, sprinkler systems, quality insulation, and clean, dry basements that provide valuable space. The modern construction and low-maintenance design make this an attractive addition to any investment portfolio. The location offers the privacy renters are searching for while remaining convenient to local amenities. With strong rental demand, excellent condition, and pride of ownership evident throughout, this is a rare opportunity to acquire a turnkey multi-family investment.

Additional Information

Taxes
$28,572
Listing Agent
Buddy Howe
Listing Office
Coldwell Banker LIFESTYLES
Style
Apartment
Exterior Features
Deck, Garden
Electric
Circuit Breakers
Utilities
Cable Available
Basement
Concrete, Concrete, Interior Entry
Foundation
Concrete
Sewer
Public Sewer
Roof
Asphalt
Zoning
Industrial
Water
Public

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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