29 Campbell Road , Newport City, VT 05855
Newport City, VT 05855
Description
Spacious property with 6500+ sq.ft. and 4 units total; to include the main home and 3 fully furnished income producing suites. 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 annual rental revenue from the 3 suites and/or potential for much higher revenue by leasing the main home. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters feature nearly 3600sq.ft 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 w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 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. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Great deal to offer for the price!
Details
| MLS# | 4990242 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2002 |
| Days On Site | 182 |
| Listing Provided By | Jim Campbell Real Estate | Ryan Pronto |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 9,423 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | GR |
| Acreage | 1.05 |
Market Activity 05855
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Learn More About This Property
| State | VT |
|---|---|
| County | Orleans |
| City | Newport City |
| Zip Code | 05855 |
| School District | North Country Union High Sch |
| Elementary School | Newport City Elementary |
| Middle School | North Country Junior High |
| High School | North Country Union High Sch |
| Listing VS Median (in 05855) | |
Price: $699,000 low | high Med: $222,400 SqFt: 9,423 low | high Med: 1,883 $ / SqFt: $74 low | high Med: $119 On Site: 182 low | high Med: 10.500000 | |