29 Campbell Road
Newport City, VT, 05855 $ 975,000
Bedrooms8 Baths7.0 Sq 9,423 Monthly Estimate*
$ 6,811
Listed by Ryan Pronto, Jim Campbell Real Estate, 802-334-3400, Ryan@jimcampbellrealestate.com
for $975,000 with 8 bedrooms and 7 full baths. This 9,423 square foot home was built in 2002 on a lot size of 1.05.
Income producing and spacious 4-unit multi-family home with 6500+ sq.ft. of living space. This is a unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters features nearly 3600sq.ft of finished living area with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft with 2 guest rooms and Suite C (above the garage) offers 1042sq.ft with 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K in annual rental revenue from the 3 suites. Additional features include newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green and more. This property has a great deal to offer for the price & is a must see!
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Multi-Family ActiveContemporary,Multi-Family,Tri-Level,Walkout Lower
FeaturesInteriorBasement Description Apartments Concrete Floor Finished Walkout
Basement Yes
Flooring Hardwood Laminate Tile Vinyl
Heating Fuel Oil Pellet
Total Number of Units 4
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GeneralRoad Frontage Yes
Sewer Metered Public
Heating Alternative Heat Stove Baseboard Heat Pump Radiant Floor
Cooling Mini Split
Utilities Cable - At Site Gas - LP/Bottle Telephone At Site
Roof Shingle - Architectural
Parking Auto Open Driveway Garage Attached
Garage Yes
Exterior Features Balcony Deck Garden Space Gazebo Natural Shade Other Outbuilding Patio Porch - Covered Shed Storage Windows - Double Pane
Flood Zone No
Zoning GR
Status Active
Year Built 2002
Electric 200 Amp Circuit Breaker(s) Generator
Style Contemporary Multi-Family Tri-Level Walkout Lower Level
Stories 2.5
Construction Status Existing
Net Income 23367
Tax Year 2024
Area VT-Orleans
High School North Country Union High Sch
School District Orleans Essex North
Seasonal No
Elementary School Newport City Elementary
Middle School North Country Junior High
Area Description In Town Near Golf Course Near Paths Near Skiing Near Snowmobile Trails Neighborhood Other Near Hospital
Price Per Sq Ft 148.54
Tax Gross Amount 12347.52
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ExteriorFoundation Concrete
Driveway Paved
Roads Paved Public
Lot Size Area 1.05
Garage Capacity 3
Water Body Name Memphremagog Lake
Water Body Type Lake
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* Excluded FeaturesList ByJim Campbell Real EstateBroker
Ryan@jimcampbellrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,811
- Monthly Property Taxes
- $1,029
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newport City, VT
Average List Price $524,750
Percent of Sale Price 46%
Trends Information provided by ATTOM Data Solutions.
1782635 Elementary School
449282 Middle School
North Country Union High Sch High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/5/2024 | $975,000 | | Listed Price |