5 Water Street,  Newport  (04953)

$385,000

0 bedrooms 0   3 bathrooms 3   8832 square feet 8,832
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Listed By: CENTURY 21 Queen City Real Estate

PROPERTY DETAILS

Address: view address
Newport, ME 04953
Map Location
Bedrooms: 0
Bathrooms:3 (full: 2, half: 1)Square Feet:8,832 sq.ft.
Lot Size:0.12 acresYear Built:1900
Styles:Multi-LevelProperty Type:Multi Family
County:PenobscotList Date:2024-02-24
Listing Number:1582851Listed By:CENTURY 21 Queen City Real Estate

PROPERTY DESCRIPTION

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.

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Interior

Laminate Flooring:YesWood Floors:Yes

Exterior

Metal Roof:YesStyle:Multi-Level
Total Above Grade Finished Sq Ft:8,832.00Vinyl Siding:Yes
Wood Frame Exterior:Yes

Property and Lot Details

Body Of Water:East Branch SebasticookLot Acres:0.12
Lot Number:31.00Lot On Or Near River:Yes
Lot Sqft:5,227.20Lot Zoned:Comm-Mixed
Public Sewer:YesPublic Water:Yes
Taxes:2,345.00Transaction Type:Sale
Year Built:1900

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: CENTURY 21 Queen City Real Estate