1 of 44
Tools
Size
2
Full Baths
1
Partial Bath
8,832 Sq Ft.
interior
0.12 Acres
Exterior
Financial
$385,000
Change Currency
$44
Price Per Sqft
$2,345
Annual taxes
Listing Details
Other
Property type
1900
Year Built
10614727
Web Id
1582851
MLS ID
78
Days Posted
Description
5 Water Street, Newport, ME 04953
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.
This is an Active listing.
Broker Office Phone Number: 207-942-4618
Copyright © 2024Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 207-942-4618
Copyright © 2024Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Wood Floors
- Laminate Flooring
- Metal Roof
- Driveway
Price History
date | Price | variance | type |
---|---|---|---|
2/27/2024 | $385,000 | - | Listed |
Listing By: CENTURY 21 Queen City Real Estate via Data Source: Maine Real Estate Information System, Inc.
listing agent: Karen Burns