29 Campbell RoadNewport City, VT 05855MLS Number 4990359

  • Price: $949,000
  • Est. Mortgage of $/month
  • 55 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active
  • 1.05Acreage
  • 2002Year Built
  • 8,500Square Feet

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Listed by Ryan Pronto of Jim Campbell Real Estate
Income producing and spacious 4-unit multi-family home with 6500+ sq.ft. of living space to include 3 fully furnished units (Suites A, B & C). 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.

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Tax Information

  • Tax Year2024

Building

  • Year Built2002
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor LocationWalkout B
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor LocationWalkout B
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location2
  • Unit 3 StyleShort Term Rental Unit
  • Unit 3 Total Rooms4
  • Unit 4 Bath4
  • Unit 4 Floor Location1 & 2
  • Unit 4 Total Rooms11
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • # of 3+ Bedrooms1
  • BasementApartments, Concrete Floor, Finished, Walkout
  • FoundationConcrete

Basic Information

  • StatusACT
  • List Price$949,000
  • Date Price Change05/23/2024
  • MLS Number4990359
  • MLS StatusActive

Property

  • Acreage1.05
  • Parking Spaces3
  • Square Feet8,500
  • APX Fin AG Sqft6,564
  • Road Frontage220
  • RoadsPaved, Public
  • Area
    • In Town
    • Near Golf Course
    • Near Hospital
    • Near Paths
    • Near Skiing
    • Near Snowmobile Trails
    • Neighborhood
    • Other

Utilities

  • Heat FuelOil, Pellet
  • Heat SystemAlternative Heat Stove, Baseboard, Heat Pump, Radiant Floor
  • Electric200 Amp, Circuit Breaker(s), Generator
  • SewerMetered, Public
  • UtilitiesCable - At Site, Gas - LP/Bottle, Telephone At Site

Other

  • Taxes$12,347.52
  • Tax Year Notes2023-24
  • Seasonal Y/NNo
  • Foot Print Dim35' x 50'+
  • Date Listed04/05/2024
  • Unit 1 Deposit$1,300
  • Unit 2 Rent Amount$1,495
  • View Count399

Location

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

Interior

  • APX Fin Below Grade1,936
  • FloorsHardwood, Laminate, Tile, Vinyl

Exterior

  • RoofShingle - Architectural
  • Exterior ColorTan

Amenities

  • Exterior Amenities
    • Balcony
    • Deck
    • Garden Space
    • Gazebo
    • Natural Shade
    • Other
    • Outbuilding
    • Patio
    • Porch - Covered
    • Shed
    • Storage
    • Windows - Double Pane
  • PricePerSqFt144.58

Water Body

  • Water Body TypeLake
  • Water Body NameMemphremagog Lake
  • Water ViewYes
  • Water Body AccessNo
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 30, 2024 6:23 AM EDT

 

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