Uncover the extraordinary potential of this well maintained 4-unit property, each apartment radiating a harmonious blend of contemporary design and practicality. Positioned in close proximity to the town center and in close proximity to our area’s greatest attractions such as Mount Sunapee and Lake Sunapee, this property stands as a beacon for active investors. The interiors have undergone thoughtful updates, ensuring a modern and inviting living space for tenants. What sets this property apart is not just its picturesque interior design but also its remarkable profitability, consistently fully occupied, securing a steady and reliable income. Additionally, a detached shop, formerly a busy wood working business, adds an extra layer of versatility to this unique investment. Boasting a strategic commercial zoning, this property not only capacities a flourishing passive income stream, but also opens doors to diverse entrepreneurial ventures. Seize the opportunity to own a property that seamlessly combines residential comfort with commercial opportunity, offering both a secure investment and a chance for entrepreneurial creativity.
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Last updated Feb 23, 2024
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MLS# 4982273 —
The Building
Year Built:
1860
Pre-Construction:
No
Construction:
Wood Frame
Construction Status:
Existing
Style:
Colonial
Roof:
Shingle - Asphalt
Exterior:
Wood Siding
Foundation:
Concrete, Stone
Total Stories:
2.5
Total Units:
4
Approx SqFt Total:
4273
Approx SqFt Total Finished:
2,835 Sqft
Approx SqFt Finished Above Grade:
2,835 Sqft
Approx SqFt Finished Below Grade:
0 Sqft
Approx SqFt Unfinished Above Grade:
850
Approx SqFt Unfinished Above Grade Source:
Public Records
Approx SqFt Unfinished Below Grade:
588
Approx SqFt Finished Building Source:
Public Records
Approx SqFt Unfinished Building Source:
Public Records
Approx SqFt Finished Above Grade Source:
Public Records
Interior
Basement:
Yes
Basement Description:
Exterior Access
Basement Access Type:
Walk-up
Room 5 Type:
Leased
Location
Directions:
From the center of town follow Sunapee Street heading towards town of Sunapee. You will find Summer Street on you left hand side. Once you turn onto Summer Street property will be on your right.
Map:
000111
Latitude:
43.365917604190450
Longitude:
-72.168922932540895
The Property
Property Class:
Multi-Family
Seasonal:
No
Lot:
211000
Lot Description:
Open, Ski Area, Trail/Near Trail
Lot SqFt:
13,504 Sqft
Lot Acres:
0 Sqft
Zoning:
B2 Heavy Commercial
Exterior Features:
Outbuilding, Porch, Storage
Driveway:
Gravel
Roads:
Public
Road Frontage:
Yes
Road Frontage Length:
117 Sqft
Listing Agent
Contact info:
Office phone:
(603) 763-1271
Taxes
Tax Year:
2023
Taxes TBD:
No
Tax - Gross Amount:
$3,600
Beds
Bedrooms - Level 4:
5
Total 2 Bedroom Units:
3
Baths
Three Quarter Baths:
5
Unit 1 Baths:
1
Unit 2 Baths:
1
The Listing
Price Per SqFt:
114.64
Foreclosed/Bank-Owned/REO:
No
Heating & Cooling
Heating:
Baseboard
Heat Fuel:
Oil
Water Heater:
Off Boiler
Utilities
Utilities:
Internet - Cable
Sewer:
Public
Water:
Public
Electric:
Circuit Breaker(s)
Schools
Elementary School:
Richards Elementary School
Middle Or Jr High School:
Newport Middle and High School
High School:
Newport Middle High School
School District:
Newport Sch Dst SAU #58
The Community
Area Description:
Near Golf Course, Near Paths, Near Shopping, Near Skiing
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date
Event
Source
Price
% Change
2/23/24
Feb 23, 2024
Sold
PRIME_MLS
$325,000
12.5%
1/19/24
Jan 19, 2024
Sold Subject To Contingencies
PRIME_MLS
$289,000
1/15/24
Jan 15, 2024
Listed / Active
PRIME_MLS
$289,000
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Multifamily
Sold
on 2/23/2024
$325,000
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Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: PRIME_MLS
and Coldwell Banker LIFESTYLES - Sunapee.
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last updated Feb 23, 2024
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