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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$339,000

Price Change! reduced by $10,500 on June 1st 2026
MLS# 5088622
2310 sq.ft. Bedroom | 0 Bathroom
Multi Family
38 Summer Street Newport NH
 
Price Change! reduced by $10,500 on June 1st 2026
$339,000 | $147 per sq.ft. | MLS# 5088622 A 2  Unit Multi Family Home, 38 Summer Street Newport NH With 3 - One Bedroom Units | 2 - Two Bedroom Units

Description:
Coming Soon! Great opportunity for investors! Strong rental history. This property has had so many upgrades over the past year. There really isn't much for the new owner to do. Unit 2 completely rehabbed, unit 1 was upgraded with paint, flooring, washer/dryer. 2 new ranges, commercial sump pump system, awning covers over front and rear doors of unit 1. Porch roof reshingled,trim and porch painted, driveway paved this month, easy care vinyl siding and windows, and more. Easy access to downtown Newport, Vail Resort and Lake Sunapee and major routes. Minimum 24 hour notice toshow, 48 preferred. Showings begin on 05/23/2026. Appliances : Water Heater off Boiler

Annual Expenses
Taxes: $6,586
    Income Gross Income | $
NetIncome | $

UNIT 1 INFORMATION


Beds: 3
Baths: 1
Rooms: 6
Level: 1 & 2
Info : CO Detector,Deck,Dryer,Heat Included,Electric Range,Refrigerator,Smoke Detector,Washer
Tenant Pays : Electric,Internet Service,Snow Removal,TV Service
Rent : 1700.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION


Beds: 2
Baths: 1
Rooms: 6
Level: 1 & 2
Info : CO Detector,Den,Heat Included,Porch,Electric Range,Refrigerator,Smoke Detector
Tenant Pays : Electric,Ground Maintenance,Internet Service,Snow Removal,TV Service
Rent : 950.00 Bi-Weekly
Lease Term : Annual
Signed Lease : Yes

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 146.75 | Year Built: 1926
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Landscaped | Level | Sidewalks | Sloping | In Town | Near Golf Course | Near Skiing | Neighborhood | Near School(s)
Avail.Sq.Ft.: 2
Livable Space: 2310
Above Grade Sq.Ft.: 2310
Below Grade Sq.Ft.: 0
Heating: Propane | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Style: Cape
Roof: Metal | Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.27 acres
Zoned: R210 G
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 90
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $6,586  | Assesed Value $262,500 in 2025
SCHOOLS
School District: Newport School District
Elementary School: Richards Elementary School
Middle School: Newport Middle and High School
High School: Newport Middle High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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