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$800,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 7 Units
  • 0.45 Acres
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Investment Opportunity: Fully Updated 7-Unit Multifamily Property Seize this turnkey income-producing asset in the heart of Newport, New Hampshire. This expansive 7-unit multifamily building offers modernized living spaces, strong cash flow potential, and low-maintenance operations-ideal for the savvy investor. Property Highlights: 7 Spacious Units - All fully renovated with contemporary upgrades, including: New flooring throughout, Modernized kitchens with updated cabinetry, countertops, and appliances. Fully remodeled bathrooms Updated plumbing and electrical fixtures for efficiency and safety. Large Building Footprint with abundant on-site parking for tenants and guests On-Site Dumpster for convenient waste management Tenant-Paid Utilities (heat, electric, hot water) - maximizing owner profitability. Strong rental history in a stable residential market. Prime Location: Situated on vibrant South Main Street, residents enjoy walkable access to downtown Newport's charming shops, cafes, and services. Just minutes from: Newport Golf Club - a scenic 18-hole public course. Mount Sunapee Resort - 20 minutes away for world-class skiing and year-round adventure Lake Sunapee - boating, fishing, and lakeside recreation. Dartmouth-Lake Sunapee Region - cultural events, hiking, and seasonal festivals With all major updates completed and tenant-paid utilities, this property delivers immediate income with minimal deferred maintenance. Property to be shown Sunday 11/9/25 from 10-12

Full Property Details for 150 S Main St

General

  • Price: $800,000
  • Status: Pending
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5068481
  • Updated: 12/9/2025
  • Added to Site: 74 day(s) ago

Rental Information

  • Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual, Unit4=Annual, Unit5=Annual, Unit6=Annual, Unit7=Annual,

Interior

  • Flooring: Tile, Vinyl Plank

Exterior

  • Color: Light Blue

Parking

  • Parking: Off Street, Parking Spaces 11 - 20

Location

  • County: Sullivan
  • Condo Project Name: Monthly

School Information

  • School District: Newport Town School District
  • Elementary School: Richards Elementary School
  • Middle School: Newport Middle and High School
  • High School: Newport Middle High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Direct Vent, Vented Gas Heater
  • Furnaces: 8
  • Water Heaters: 7

Utilities

  • Sewer: Public
  • Trash: Dumpster
  • Separate Meters: Yes
  • # Electric Meters: 8

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Walkout
  • Basement Desc.: Concrete, Unfinished, Walkout, Interior Access, Exterior Access
  • Roof: Asphalt Shingles
  • Stories/Levels: 2
  • Finished Total: 4,388 Sq. Ft.
  • Finished Above Grnd: 4,388 Sq. Ft.
  • Year Built: 1910

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 4
  • 3 Bedroom Units: 1
  • Units w/Refrigerators: 7
  • Units w/Range/Oven: 7

Unit 1

  • Level: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Includes/Amenities: CO Detector, Electric Cooktop, Gas Heat, Electric Range, Smoke Detector
  • Bedrooms: 2

Unit 6

  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602
  • Frontage: TBD
  • Driveway/Sidewalk: Dirt
  • Zoning: PBD10PROF BUS DIST

Financial Considerations

  • Price Per Sq. Ft.: $182.32

Disclosures and Reports

  • Block: 21000

Listed by RE/MAX Innovative Properties, Rich Racine

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Listed by RE/MAX Innovative Properties, Rich Racine

Listing agent

— 150 S Main St —

  • Rich Racine

    RE/MAX Innovative Properties

rich@racinerealtyteam.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 150 S Main St

School District:Newport School District, Newport, NH
NameGradesDistance
Richards Elementary School
21 School Street, Newport, NH 03773
PK-50.6 mi
Newport Middle High School (High)
245 North Main Street, Newport, NH 03773
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 150 S Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Listed
$800,000
33.33%
MLS
3/21/2025
Sold
$600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 150 S Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,011
3%
$411,800
—
2023
$9,710
13%
$411,800
—
2022
$8,607
12%
$411,800
77%
2021
$7,659
—
$232,100
—
2020
$7,683
2%
$232,100
—
2019
$7,550
5%
$232,100
-2%
2018
$7,165
1%
$235,700
—
2017
$7,080
11%
$235,700
6%
2016
$6,375
-2%
$221,900
—
2015
$6,491
-8%
$221,900
—
2014
$7,021
8%
$221,900
2%
2013
$6,499
—
$216,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Innovative Properties, Rich Racine

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150 S Main Street, Newport, NH 03773 (MLS# 5068481) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 150 S Main Street is currently listed for $800,000 and was received on November 04, 2025. Want to learn more about 150 S Main Street? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

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