29 Campbell Road
Newport City, VT, 05855 $ 750,000
Baths7.0 Sq 8,500 Monthly Estimate*
$ 4,618
Listed by Ryan Pronto, Jim Campbell Real Estate, 802-334-3400, Ryan@jimcampbellrealestate.com
Studio for $750,000 with 7 full baths. This 8,500 square foot home was built in 2002 on a lot size of 1.05.
Rare opportunityâown a turn-key ready and fully furnished 4-unit multi-family residence with lake views in Newport, Vermont. This exceptional property generates approx. $91K in annual rental income, with flexibility to occupy one unit. The primary living area spans nearly 3,600 sq. ft. across two levels, featuring 3 generous bedrooms and 3.5 bathrooms, each thoughtfully designed for privacy and convenience. Highlights include cathedral ceilings, a dedicated office area, direct access from the heated 3-bay garage, and seamless entry to a spacious deck and gazebo. Suite 2 is positioned above the garage and offers wood vaulted ceilings, a private balcony, and two guest rooms. Suite 3 is a well-appointed studio with one guest room, while Suite 4 includes two guest rooms. All units provide private laundry and secure separation, with the option to combine spaces for expanded living if desired. Documented financials are available. Suites 3 and 4 have a history of long-term occupancy, while Suite 2 and the main residence have consistent short-term rental performance. Additional amenities include radiant floor heating, mini-split cooling systems, whole-house generator, supplemental heating source, storage space, pavilion, and a putting green. Conveniently located just minutes from downtown amenities, dining, and shopping, this versatile property is well-suited for investment, multi-generational living, or potential hospitality use.
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Multi-Family ActiveContemporary,Multi-Family,Tri-Level,Walkout Lower
FeaturesInteriorBasement Description Apartment(s) Concrete Floor Finished Walkout
Basement Yes
Flooring Hardwood Laminate Tile Vinyl
Total Number of Units 4
Unit 4 Bedrooms 0
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GeneralRoad Frontage Yes
Sewer Metered Public
Heating Oil Pellet Stove Alternative Heat Stove Baseboard Heat Pump Radiant Floor
Cooling Mini Split
Utilities Cable at Site Propane Telephone at Site
Possession At Closing
Roof Architectural Shingle
Appliances Water Heater off Boiler Oil Water Heater Heat Pump Water Heater
Garage Yes
current use No
Flood Zone No
Zoning GR
Exclusions Tenants personal property.
Year Built 2002
Electric 200+ Amp Service Circuit Breaker(s) Generator
Style Contemporary Multi-Family Tri-Level Walkout Lower Level
Stories Count 2.5
Construction Status Existing
Net Income 22971
Auction No
Tax Year 2025
Gross Income 91975
Status Detail 0
Covenants No
Construction Materials Wood Frame Vinyl Siding
Directions I-91 to Exit 27 in Newport. Continue to Main St. and follow onto Lake Rd. Continue to Campbell Cottage Rd. (approx. 2 miles) on right. This is the first home on the left.
High School North Country Union High Sch
City Newport City
School District Orleans Essex North
Seasonal No
Elementary School Newport City Elementary
Middle School North Country Junior High
DOM 1
Price Per Sq Ft Total AG 88.24
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ExteriorLot Features City Lot Lake View Landscaped Mountain View Other Water View In Town Near Golf Course Near Paths Near Skiing Near Snowmobile Trails Neighborhood Near Hospital
Exterior Amenities Balcony Deck Garden Space Gazebo Natural Shade Other Outbuilding Patio Covered Porch Shed Storage Double Pane Window(s)
Driveway Paved
Water View Yes
Lot Size Area 1.05
Water Source Public
Parking Features Auto Open Driveway Garage Attached
Garage Capacity 3
Water Body Name Memphremagog Lake
Foundation Concrete
Waterfront Property No
Water Body Type Lake
Water Body Access No
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* Excluded FeaturesList ByJim Campbell Real EstateBroker
Ryan@jimcampbellrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,618
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $339,750
Percent of Sale Price 55%
Trends Information provided by ATTOM Data Solutions.
1782635 Elementary School
449282 Middle School
North Country Union High Sch High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/8/2026 | $750,000 | | Listed Price |