5 Water Street Newport, ME 04953
Newport, ME 04953
$385,000
 Get directions
This opportunity does not come often. Add this building to your portfolio or great for the beginning ofan investment. This owner has put life back into this property and it has been reformed over the years and the character is endless. What a...
- 2
- Full Baths
- 1
- Partial Bath
- 8,832 Sq Ft.
- Interior
- .12 Acres
- Exterior
- Multi Family
- Property type
- 1900
- Year Built
- 1582851
- Web Id
- 1582851
- MLS ID
- 2.0000
- Buyer Agency Compensation
About 5 Water Street
This opportunity does not come often. Add this building to your portfolio or great for the beginning ofan investment. This owner has put life back into this property and it has been reformed over the years and the character is endless. What a nice addition to the town of Newport. This building has 3 floors and filled with business and residential. In this 9000 sq foot building we have a Specialty store, a dance studio, 2 large residential apartments and several small professionals providing their own services. It also has a few areas that can become more rental opportunities. In 2009 a new metal roof was put on and in 2017 the second and third floors were provided with their own Rinnia heaters and bathrooms have been updated. All the tenants are requesting to stay so the income will keep coming and the potential for more is evident. Look to your backyard to sit by the Sebasticook River that runs by, Sitting in the heart of Newport the amenities are endless.
"Listing Courtesy of CENTURY 21 Queen City Real Estate, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
"Listing Courtesy of CENTURY 21 Queen City Real Estate, MREIS MLS"
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Amenities
- Wood Floors
features
- cooling
- Propane Heating
- lot description
- Scenic View, laminate flooring
- Style
- Multi-Level
PROPERTY INFORMATION
- Basement
- Full, Interior Entry
- Heating
- Multi-Zones
- Parking Description
- No Driveway, Other
- Sewer
- Public Sewer
- Style
- Multi-Level
- View
- Scenic
- Water
- Public
- Waterfront
- River
EXTERIOR
- Construction
- Vinyl Siding, Wood Frame
- Lot Description
- Level, Open Lot, Sidewalks, Interior Lot, Intown, Near Shopping
- Roofing
- Metal, Pitched
INTERIOR
- Flooring
- Wood, Laminate
ADDITIONAL INFORMATION
- Body of Water
- East Branch Sebasticook
- Number of Units
- 3
Listing Courtesy of CENTURY 21 Queen City Real Estate