95-97 Cheney Street Newport NH 03773 Multi Family $225,000

$225,000 | $76 per sq.ft. Under Contract A 2 Unit Multi Family Home, in Newport NH With 2 - Three Bedroom Units MLS# 5069956

Listed by Jessica & Anthony Dolan Dolan Real Estate Phone: 603-359-9177 on November 18th 2025
95-97 Cheney Street Newport NH 03773

DESCRIPTION

Rare investment opportunity in the heart of Newport, New Hampshire, just a short walk to the charming downtown corridor with its local shops, cafes, parks, and the beautiful Sugar River--all the conveniences of small-town New England living without ever needing a car. This well-located multifamily property consists of two spacious three-bedroom units, ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental income in a stable Sunapee Region market. A two-car garage, offering valuable parking and storage space that is hard to find in this area. While the property has solid bones and generous layouts, it presents a fantastic value-add opportunity with some cosmetic updates and deferred maintenance items ready for the next owner to tackle and instantly build equity. Perfect for living in one unit while renting the other, long-term rentals, or even potential condominium conversion, this duplex combines prime walkable location, ample space, and significant upside potential --bring your vision and turn this diamond-in-the-rough into a standout performer!

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CONSTRUCTION

Asbestos Exterior | Shingle Siding | Year Built: 1843
No. of Floors:2
Total Sq.Ft. Finished: 2944
Above Grade Sq.Ft.: 2944
Apx Below Grade Unfinished Sq.Ft.: 690
Price Per SQ.FT. 76.43
Basement: Concrete | Crawl Space
Heating: Forced Air | Hot Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters:

Style: Contemporary
Roof: Shingle
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: Rural
Lot size: 0.54 acres
Zoned: R110 S
Surveyed: Unk
Flood Zone: Unknown
Driveway: Paved

PROPERTY INFORMATION

Taxes $4,045
| Assesed Value $166,400 in 2024

AREA 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

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