• 3 BA
  • 3 units
  • 8,832 sq.ft.
  • 0.12 acres
$385,000
  • property type Multi-Family
  • class Multi-Family
  • style Multi-Level
  • year built 1900
  • listing office CENTURY 21 Queen City Real Estate

This opportunity does not come often. Add this building to your portfolio or great for the beginning of an investment. This owner has put life back into this property and it has been reformed over the years and the character is endless. What a nice addition to the town of Newport. This building has 3 floors and filled with business and residential. In this 9000 sq foot building we have a Specialty store, a dance studio, 2 large residential apartments and several small professionals providing their own services. It also has a few areas that can become more rental opportunities. In 2009 a new metal roof was put on and in 2017 the second and third floors were provided with their own Rinnia heaters and bathrooms have been updated. All the tenants are requesting to stay so the income will keep coming and the potential for more is evident. Look to your backyard to sit by the Sebasticook River that runs by, Sitting in the heart of Newport the amenities are endless.

  • Style Multi-Level
  • Year Built 1900
  • Lot Size 0.12 acres
  • SQFT Finished Above Grade 8832
  • County Penobscot
  • City Newport
  • Zone Comm-Mixed
  • View Scenic
  • Location Business District, Interior Lot, Intown, Near Shopping
  • Water Frontage No
  • Water Body Type River
  • Water Body Name East Branch Sebasticook
  • Seasonal No
  • Full Tax Amount $2,345.00
  • Tax Year 2024
  • Association Fee $0.00
  • Total Units 3
  • Baths Total 3
  • Baths Full 2
  • Baths Half 1
  • Basement Full
  • Construction Wood Frame
  • Exterior Vinyl Siding
  • Foundation Materials Poured Concrete
  • Basement Full
  • Roof Metal, Pitched
  • Floors Laminate, Wood
  • Heat System Multi-Zones
  • Heat Fuel Propane
  • Gas No Gas
  • Water Heater Electric
  • Electric Yes
  • Water Yes
  • Waste Water Disposal Public Sewer
  • Driveway No Driveway
  • Parking Other Parking
  • Roads Paved, Public
Listed By:
CENTURY 21 Queen City Real Estate