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$369,000 USD
5 Water Street
Newport, Maine 04953
USA
Newport, Maine 04953
USA
2 full baths, 1 half bath
Sale price per sqm: 449.72
Tax: 2,345 USD
Remarks:
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.
Features:
- Year Built: 1900
- Exterior Description: Vinyl Siding
- Floors: Laminate
- Heating System: Wood
- Roofing: Metal
Location:
5 Water Street, Newport, Maine 04953, USA
Listed By CENTURY 21 Queen City Real Estate
The Property located at 5 Water Street, Newport, Maine 04953, USA is currently for sale. 5 Water Street, Newport, Maine 04953, USA is listed for $369,000 USD. This property has 2 full baths, 1 half bath and 8,832 sqft. If the property located at 5 Water Street, Newport, Maine 04953, USA isn't what you're looking for, search Maine Real Estate to see other in Newport.