Newport
$1,800,000
161 Main Street
mls: 1640973
Bathrooms: 0
Year Built: 1900
Sq Footage: 10,500
Lot Size: 0.53
Taxes: $6,356
Status: Active

Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport.

Listed by: Better Homes & Gardens Real Estate/The Masiello Group
contact melissabartlett@masiello.com

Unlock the potential of this Commercial property Renovations have started but aren't completed on this 11-unit apartment building property in the heart of Newport. Perfect for investors looking for an opportunity with much of the major work already done. Key Features & Improvements: New roof, windows, and electrical entrances. Upgraded electrical systems. New boiler and substantial plumbing work completed. Sprinkler system already installed. Generous off-street parking. With most of the major infrastructure already in place, this property is primed for the finishing touches. The first floor could be completed and could be rented out quickly to begin generating income while finishing the remaining units. Endless Potential: Five units with 1- bed/1 bath, 5- 2 bed/ 1 bath and 1 -3 bed/ 2 bath. Don't miss this chance to capitalize on a project with strong bones and serious potential.

Listed by: Better Homes & Gardens Real Estate/The Masiello Group

Accessibility Features
Appliances
Architectural Style
Basement
Bathrooms Total Integer
0
Body Type
Building Area Total
10500.00
Construction Materials
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Luxury Vinyl
Foundation Details
Green Energy Efficient
Heating
Baseboard, Heat Pump, Hot Water
Heating Yes/No
1
Interior Features
Laundry Features
Lot Features
Lot Size Acres
0.5300
Other Equipment
Cable
Other Structures
Parking Features
Patio And Porch Features
Pets Allowed
Property Condition
Roof
Membrane
Sewer
Public Sewer
Tax Annual Amount
6356.00
Utilities
Water Source
Public
Year Built
1900
Zoning
Village commercial