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Image 1 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 2 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 3 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 4 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 5 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 6 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 7 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 8 - 5 Water St, Newport, Maine, 04953 - House for sale
Image 9 - 5 Water St, Newport, Maine, 04953 - House for sale
Home For Sale In Newport, Maine
5 Water St, Newport, Maine, 04953

Home For Sale In Newport, Maine

house for sale
views
Listed: 03/02/24

5 Water St, Newport, Maine, 04953

Studio Bed:
2.5 Bath:
8,832 Sq Ft Living Area:
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Price
$ 385,000

About This House

This opportunity does not come often. Add this building to your portfolio or great for the beginning of an 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 …  Full description

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Newport Housing & Living

Household Income

Median household income: $28,694
Number of households: 755
The average household income in Newport, ME declined from $29,787 to $28,694 in the past year. This data is an estimate based upon 755 households in Newport, ME.
The chart below presents how household income is distributed in Newport, ME in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newport, ME compared to median property taxes around the country. The prevalent amount of property taxes in Newport, ME equals $800-$1,500 , which is less than the national average.