Courtesy: Better Homes & Gardens Real Estate/The Masiello Group
207-942-6711
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.
Courtesy: NextHome Experience
207-573-7400
Priced to Sell! Below assessed value! 3 Separate Commercial buildings on one oversized lot right on Route 11 in Newport. Close proximity to Sebasticook Lake. Leases in place with solid income. A perfect spot to relocate your current business and reduce your overhead with supplemented income.
Newport is located in Maine. Newport, Maine has a population of 3,129. Newport is more family-centric than the surrounding county with 27.85% of the households containing married families with children. The county average for households married with children is 26.71%.
The median household income in Newport, Maine is $56,358. The median household income for the surrounding county is $55,125 compared to the national median of $69,021. The median age of people living in Newport is 48.6 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 3.3 degrees. The average rainfall is approximately 43.1 inches per year, with 68.3 inches of snow per year.
