73 Bayview StreetNewport City, VT 05855MLS Number 4751452

  • Price: $129,900
  • Est. Mortgage of $/month
  • 385 Days on Market
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Federal 30-year interest rate: 3.15% last updated on May 28, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.13Acreage
  • 3Bathroom
  • 1900Year Built
  • 3,720Square Feet

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Listed by Ryan Pronto of Jim Campbell Real Estate

Welcome to 73 Bayview St. in Newport, VT. This Profitable 3-Unit apartment building has excellent rental history that nets out $14K+ annually/12%+ return. Great investment opportunity with this nicely maintained and renovated multifamily home. This property has numerous energy efficient updates and is low maintenance. Improvements include vinyl windows throughout, plumbing, hard wired smoke detectors, fresh exterior paint, etc. Each unit pays their own heat & electric with their own propane direct vent heating units and separate electric meters (1 meter for common areas). All units have their own floor, have all been remodeled and are very spacious. Unit #1 is a 2 bed & 1 bath ground level unit with an enclosed porch, Unit #2 has 2 bed & 1.5 bath on the 2nd floor with an enclosed porch and Unit 3 is a 2 bed & 1 bath on the 3rd floor. Apartments #1 & 2 have beautiful hardwood floors, kitchen appliances are included in all units and washer/dryer hook-ups in each unit. Located on a dead-end street in a convenient location, walking distance to amenities in downtown Newport and offering partial views of Lake Memphremagog.

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More Info

Basic Information

  • Virtual TourView Tour
  • StatusACT
  • Property TypeMulti-Family
  • List Price$129,900
  • MLS Number4751452
  • MLS StatusActive

Property

  • Acreage0.13
  • Parking Spaces
  • Square Feet3,720
  • APX Fin AG Sqft3,720
  • Road Frontage85
  • RoadsPaved, Public
  • Lot DescriptionCity Lot, Sidewalks In Town, Neighborhood

Amenities

  • Exterior AmenitiesPorch - Enclosed

Water Body

  • Water Body TypeLake
  • Water Body NameMemphremagog Lake
  • Water ViewYes

Location

  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans
  • ZoningNewport
  • Elementary SchoolNewport City Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Union High Sch
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood, Laminate

Exterior

  • ExteriorWood Siding
  • RoofShingle - Asphalt
  • Exterior ColorBrown

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemDirect Vent, Gas Heater - Vented, Wall Units
  • WaterMetered, Public
  • Water HeaterOil
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family, Multi-Level
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath2
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location3
  • Unit 3 Total Rooms5
  • # of 2 Bedrooms3
  • Bathroom3
  • Total Baths3
  • BasementFull, Stairs - Interior
  • FoundationGranite

Other

  • Taxes$3,807
  • Tax Yr2019
  • Seasonal Y/NNo
  • Operating ExpensesGarbage, Insurance, Snow Removal, Water/Sewer
  • TrashCans
  • Unit 1 Deposit$725
  • Unit 2 Rent Amount$725
  • Unit 3 Rent Amount$625
  • View Count264
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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 June 1, 2020.

 

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