524 Sunapee Street

The home

About this home

Introducing Newport Heights; a 12-unit multifamily investment property located near the border of Newport and Sunapee. Offered individually for sale at $1,675,000, this well-maintained apartment building features a diversified unit mix of one-bedroom, oversized one-bedroom, and two-bedroom apartments, providing broad tenant appeal and stable occupancy potential within the greater Newport market. The building has undergone significant capital improvements, including renovations of all residential units and common areas, a roof replacement, electrical service and panel upgrades, plumbing improvements, and the installation of electronic locks on unit doors. Minimal near-term capital expenditure remain for future ownership allowing for a turnkey, multifamily investment. The heating system consists of an efficient, Buderus-brand oil-fueled forced hot water boiler providing individually zoned baseboard heat throughout the building. Newport Heights benefits from functional on-site amenities, including one off-street parking space per unit and a coin-operated laundry facility that provides supplemental income. The basement also contains additional space that could be converted into tenant storage lockers, creating an opportunity for future ancillary revenue. With its recent renovations, efficient unit mix, and potential for additional income streams, Newport Heights represents a stabilized multifamily investment opportunity with operational upside in a growing Sullivan County market. Broker Interest. Financials available upon execution of NDA.

Property information

Details at a glance

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Estimated monthly cost

Explore costs at the $1,675,000 asking price. Adjust the assumptions to your situation.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

1. New

   $1,395 · Jul 14, 2026

2. New

   $1,395 · Jul 14, 2026

3. New

   $1,375 · Feb 27, 2026

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Price & market context

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Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

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About 524 Sunapee Street