12 and 14 Whipple Road, Newport, NH
Residential Income
Listed by Coldwell Banker LIFESTYLES · Buddy Howe
Property Description
Exceptional investment opportunity featuring two separate buildings on the same lot with a total of eight well-maintained units in a desirable and private location. Built in 2009, each building offers four spacious two-bedroom, one-bath apartments, including two handicap-accessible units with walk-in showers, ground-level access, and convenient floor plans. Each unit also features its own dedicated laundry area, a sought-after amenity for tenants. The single-site layout provides added convenience for ownership and management while maintaining an attractive setting for tenants. This property has an excellent rental history and has been meticulously maintained throughout ownership. Tenants appreciate the peaceful setting, private rear porches, ample paved parking, and the overall quality of the property. Each unit is separately metered with its own electrical panel, providing efficiency and ease of management. Designed with long-term ownership in mind, the buildings feature vinyl siding, sprinkler systems, quality insulation, and clean, dry basements that provide valuable space. The modern construction and low-maintenance design make this an attractive addition to any investment portfolio. The location offers the privacy renters are searching for while remaining convenient to local amenities. With strong rental demand, excellent condition, and pride of ownership evident throughout, this is a rare opportunity to acquire a turnkey multi-family investment.
Property Details
Essentials & finishes
- Bedrooms:0
- Total Baths:0
- SqFt:8,716
- Price / SqFt:$148.58
- Property Type:Residential Income
- Year Built:2009
- County:NH-Sullivan
- Town:Newport, NH
- Status:Active
- Days on Market:31
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Price, listing activity & annual taxes for this property
No sales history available.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Newport40
- Average list price$333,633
- Price range$120,000 – $549,000
- Market sentimentBuyer's Market
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- Principal & Interest$6,548
- Property Tax$1,835
- Home Insurance$270
Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 40 active · 0 sold in Newport (last 90 days)
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