150 S Main St

Newport, NH 03773

$800,000
Price
13
Beds
4,388 Sq. Ft.
$182 / Sq. Ft.
4,388
Sq. Ft.
$182
per Sq. Ft.
Under Contract
Under Contract

Description

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....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
  1. Listed by Rich Racine • RE/MAX Innovative Properties • rich@racinerealtyteam.com

Property Details for 150 South Main Street

Zoning
PBD10PROF BUS DIST
LISTING UPDATED: 01/24/2026 03:52 PM

Property Details for 150 South Main Street

StatusUnder Contract
MLS #5068481
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.45 AC / 19,602 SF
CountySullivan County

Location

Listing Courtesy of RE/MAX Innovative Properties
Add your commute

Building Information for 150 South Main Street

Stories2Residences7Year Built1910Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

$4,733 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$834

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 150 South Main Street

Summary
Location and General Information
  • City: Newport
  • County: NH-Sullivan
  • Latitude: 43.357434597680047
  • Longitude: -72.169096084655763
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 00117
  • Zip Code: 03773-1835
Taxes and HOA Information
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Dirt
Property
Lot Information
  • Block: 021000
  • Lot: 000000
  • Lot Features: Major Road Frontage, In Town, Near Public Transportatn
  • Lot Size Acres: 0.45
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1910
Utilities
  • Electric Company: Eversource
  • Fuel Company: Rhymes
  • Electric: 200+ Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Total Electric Meters: 8
  • Separate Utilities: Yes
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Color: Light Blue
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Asphalt Shingle
  • Total Ranges: 7
Interior Features
  • Appliances: Electric Water Heater, Owned Water Heater
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Unfinished, Walkout, Interior Access, Exterior Access
  • Total Full Baths: 7
  • Flooring: Tile, Vinyl Plank
  • Heating: Direct Vent, Vented Gas Heater
  • Cooling: None
  • Total Refrigerators: 7
  • Total Stories: 2
  • Total Water Heaters: 7
  • Trash: Dumpster
Multi Family
Income & Expenses Information
  • Gross Income: $115,800.00
  • Net Income: $72,767.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Utilities, Water, Water/Sewer
  • Operating Expense: $37,243
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 2
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 1
  • Total Heat Units: 8
Unit Information
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,700.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
  • Unit 1 Info: CO Detector, Electric Cooktop, Dishwasher, Gas Heat, Porch, Electric Range, Refrigerator, Smoke Detector, Water Heater
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,300.00
  • Unit 2 Info: CO Detector, Electric Cooktop, Gas Heat, Electric Range, Refrigerator, Smoke Detector
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Level Number: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,500.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,000.00
  • Unit 4 Info: CO Detector, Electric Cooktop, Gas Heat, Electric Range, Smoke Detector
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,400.00
  • Unit 5 Info: CO Detector, Electric Cooktop, Gas Heat, Electric Range, Smoke Detector
  • Unit 5 Tenant Pays: Electric, Heat, Hot Water
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Level Number: 1
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,350.00
  • Unit 6 Tenant Pays: Electric, Heat, Hot Water
Unit 7
  • Unit 7 Bedrooms: 2
  • Unit 7 Baths: 1
  • Unit 7 Rental Agreement: Yes
  • Unit 7 Lease Term: Annual
  • Unit 7 Level Number: 2
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Leased
  • Unit 7 Rental Amount: $1,400.00
  • Unit 7 Info: CO Detector, Electric Cooktop, Gas Heat, Electric Range, Smoke Detector
  • Unit 7 Tenant Pays: Electric, Heat, Hot Water
Rental
Rent Information
  • Total Leases: 7

Property History for 150 South Main Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Active Under Contract

New England Real Estate Network #5068481

—
Nov 4, 2025

Listed (Active)

New England Real Estate Network #5068481

$800,000—
Mar 21, 2025

Sold (Public Record)

Public Record #1553986253

$600,000

+14.8% / yr

Feb 1, 2019

Sold (Public Record)

Public Record #639579248

$257,000

+2.9% / yr

Feb 1, 2019

Sold

New England Real Estate Network #4728865

$257,000—
Nov 27, 2018

Listed (Active)

New England Real Estate Network #4728865

$269,900—
Jul 13, 2016

Sold

New England Real Estate Network #4483369

$239,000—
Jul 12, 2016

Sold (Public Record)

Public Record #574928044

$239,000

+0.2% / yr

Apr 14, 2016

Listed (Active)

New England Real Estate Network #4483369

$264,000—
May 27, 2011

Listed (Active)

New England Real Estate Network #4066626

$299,900—
Sep 30, 2005

Sold

New England Real Estate Network #211413

$285,000—
Jul 1, 2005

Pending

New England Real Estate Network #211413

—
Jun 19, 2005

Listed (Active)

New England Real Estate Network #211413

$295,000—
Apr 15, 2004

Sold (Public Record)

Public Record #285633102

$232,000—
Jun 30, 1999

Listed (Active)

New England Real Estate Network #708944

$199,000—
DateEvent & SourcePrice
12/08/2025

Active Under Contract

New England Real Estate Network #5068481

—
11/04/2025

Listed (Active)

New England Real Estate Network #5068481

$800,000
03/21/2025

Sold (Public Record)

Public Record #1553986253

$600,000

+14.8% / yr

02/01/2019

Sold (Public Record)

Public Record #639579248

$257,000

+2.9% / yr

02/01/2019

Sold

New England Real Estate Network #4728865

$257,000
11/27/2018

Listed (Active)

New England Real Estate Network #4728865

$269,900
07/13/2016

Sold

New England Real Estate Network #4483369

$239,000
07/12/2016

Sold (Public Record)

Public Record #574928044

$239,000

+0.2% / yr

04/14/2016

Listed (Active)

New England Real Estate Network #4483369

$264,000
05/27/2011

Listed (Active)

New England Real Estate Network #4066626

$299,900
09/30/2005

Sold

New England Real Estate Network #211413

$285,000
07/01/2005

Pending

New England Real Estate Network #211413

—
06/19/2005

Listed (Active)

New England Real Estate Network #211413

$295,000
04/15/2004

Sold (Public Record)

Public Record #285633102

$232,000
06/30/1999

Listed (Active)

New England Real Estate Network #708944

$199,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 150 South Main Street

Taxable ValueLand$76,400Additions$335,400Total$411,800
Tax Record2024$10,011 ($834 / month)
Home Facts
Baths7.5Total Finished SqFt4,959 SqFtAbove Grade Finished SqFt4,959 SqFtStories2Lot Size19,602 SqFtStyleMiscellaneous CommercialYear Built1910ZoningPBD10PCountySULLIVANAPNNWPT M:00117 B:021000 L:000000

Schools near 150 South Main Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Richards Elementary School
Public - PK to 5
Newport Middle School
Public - 6 to 8
Newport Middle High School (High)
Public - 9 to 13
Kids World Academy of New Hampshire
Private - PK to 8
Rating
School
Distance
Richards Elementary School
PublicPK to 5

Newport Middle School
Public6 to 8

Newport Middle High School (High)
Public9 to 13

Kids World Academy of New Hampshire
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Innovative Properties

Copyright 2026 PrimeMLS, Inc. All rights reserved. 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 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. Data last updated 02/07/2026 12:08 PM