Rare investment opportunity in the heart of Newport, New Hampshire, just a short walk to the charming downtown corridor with its local shops, cafes, parks, and the beautiful Sugar River-all the conveniences of small-town New England living without ever needing a car. This well-located multifamily property consists of two spacious three-bedroom units, ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental income in a stable Sunapee Region market. A two-car garage, offering valuable parking and storage space that is hard to find in this area. While the property has solid bones and generous layouts, it presents a fantastic value-add opportunity with some cosmetic updates and deferred maintenance items ready for the next owner to tackle and instantly build equity. Perfect for living in one unit while renting the other, long-term rentals, or even potential condominium conversion, this duplex combines prime walkable location, ample space, and significant upside potential -bring your vision and turn this diamond-in-the-rough into a standout performer!

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Tax Information

Tax Year2024

Building

Year Built1843
Building ConstructionAsbestos Exterior, Shingle Siding
StyleContemporary
Units2
# of 3+ Bedrooms2
BasementConcrete, Crawl Space
FoundationConcrete

Interior

FloorsHardwood, Softwood

Utilities

Heat SystemForced Air, Hot Air
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable Available

Basic Information

StatusSLD
List Price$225,000
Date Price Change11/18/2025
MLS Number5069956
MLS StatusClosed
Sale Date12/12/2025

Property

Acreage0.54
GarageYes
Parking Spaces1
Lot DescriptionRural
Square Feet2,944
APX Fin AG Sqft2,944
RoadsPaved
AreaNH-Sullivan

Other

Taxes$4,045
Seasonal Y/NNo
Date Listed11/18/2025
View Count2

Location

TownNewport
StateNH
Zip03773
CountySullivan
ZoningR110 S
Elementary SchoolRichards Elementary School
Junior HighNewport Middle and High School
High SchoolNewport Middle High School
Address95-97 Cheney Street
Flood Zone Y/NUnknown

Exterior

RoofShingle

Amenities

Exterior AmenitiesPorch, Enclosed Porch
PricePerSqFt67.93

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. 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 March 7, 2026 8:22 PM EST

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95-97 Cheney StreetNewport, NH 03773MLS Number 5069956

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