Courtesy: NextHome Experience
207-573-7400
Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!
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.
