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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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48 Palmer Rd , Newport, ME 04953
$315,000
Est. Payment: $1,625.26/mo
0 Bed
2 Bath
1440 Sqft
Status: active | Days on site: 44
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!

Highlights

Listed by Beverly Weaver , 207-951-5025 NextHome Experience , 207-573-7400. Maine Real Estate Information System, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
3.17

Year Built

1993

County

Penobscot

Listing ID

1667826

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Heat Pump
Fireplaces:
Floor:Tile,Vinyl
Above Ground Sq Ft:1440
Below Ground Sq Ft:0
Basement:Exterior Entry,Dirt Floor
Other:1st Floor Bedroom,One-Floor Living
Other:Well

Exterior Features

Lot:Near Turnpike/Interstate,Near Town,Rural,Level,Wooded
Zoning:Rural
Roof:Shingle
Sewer:Septic Tank
Parking Features:Paved,1 - 4 Spaces,Off Street
Principal Interest
$1,625
Taxes
$287

Home Price

$315,000

Loan Details

30 yrs
6.695%

Down Payment

20%
$63,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,625.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,625.26 $286.67 $0.00 $1,911.93
Yearly $19,503.18 $3,440.00 $0.00 $22,943.18
Total $585,095.33 $103,200.00 $0.00 $688,295.33

Today's Rates

30 Year

6.7%

20 Year

6.21%

15 Year

6.15%

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Market insight data is pulled from the same city as the listing being viewed (Newport, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Listing data is derived in whole or in part from the Maine IDX & is for consumers personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.


IDX service by Blueroof 360

Data last updated: 2026-08-02T05:33:23.000Z

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