150 S Main Street, Newport, NH, New Hampshire, property flyer

150 S Main Street, Newport, NH, 03773-1835 | $800,000

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

Features

Bedrooms: 13
Baths: 7 full
Units: 7
Style: Multi-Family
Year Built: 1910
Heating: Direct Vent,Vented Gas Heater

Cooling: None
Basement: Concrete,Unfinished,Walkout,Interior Access,Exterior Access
Approx Sq. Feet: 4,388
Acreage: 0.45
Lot Desc: Major Road Frontage,In Town,Near Public Transportatn
Elem. School: Richards Elementary School

Middle School: Newport Middle and High School
High School: Newport Middle High School
School District: Newport Town School District
MLS#: 5068481
Website: https://www.raveis.com
/prop/5068481/150smainstreet_newport_nh?source=qrflyer

This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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. Data last updated 3/13/2026
Listing courtesy of RE/MAX Innovative Properties Phone: 603-434-4101
Listing Agent: Rich Racine

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

150 S Main Street, Newport, NH, 03773-1835

$800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$640,000	$640,000	$640,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.750%	6.250%	5.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.307%	6.443%	5.668%
Monthly Tax Payment	N/A	N/A	N/A
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,735	$3,941	$5,187
Total Monthly Payment	$3,827	$4,033	$5,279

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.