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
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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
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Annual Expenses
Taxes: $6,586 |
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Income
Gross Income | $ NetIncome | $
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UNIT 1 INFORMATION
Beds: 3Baths: 1Rooms: 6Level: 1 & 2Info : CO Detector,Deck,Dryer,Heat Included,Electric Range,Refrigerator,Smoke Detector,WasherTenant Pays : Electric,Internet Service,Snow Removal,TV ServiceRent : 1700.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to Month
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UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 6Level: 1 & 2Info : CO Detector,Den,Heat Included,Porch,Electric Range,Refrigerator,Smoke DetectorTenant Pays : Electric,Ground Maintenance,Internet Service,Snow Removal,TV ServiceRent : 950.00 Bi-WeeklyLease Term : Annual Signed Lease : Yes
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 146.75 | Year Built: 1926 |
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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
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Lot size: 0.27 acres Zoned: R210 G Surveyed: Unk Flood Zone: Unknown Seasonal: No Road Frontage: 90 Driveway: Paved |
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ADDITIONAL INFORMATION
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Taxes $6,586 | Assesed Value $262,500 in 2025 |
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SCHOOLS
School District: Newport School District Elementary School: Richards Elementary School Middle School: Newport Middle and High School High School: Newport Middle High School |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’
personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated June 4th, 2026
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