29 Campbell Road Newport City, VT SOLD

$672,000
Beds 8
Square Footage 8,500
Acres 1.05
Photo of 29 Campbell Road Newport City VT 05855

Sold By

Karen Ward, Keller Williams Realty-Metropolitan



Description

4-unit multi-family home with a spacious 6500+ sq.ft to include the main home and 3 fully furnished income producing suites. Currently utilized as a single family home with approx. $58K annual rental revenue from the 3 suites and potential for much higher revenue by leasing out the main home. 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. This would be ideal for a large multi-generational household, in-law suites, home offices and/or B&B potential. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. Great deal to offer for the price!


Listed by Jim Campbell Real Estate, Ryan Pronto
Sold by Keller Williams Realty-Metropolitan, Karen Ward

Details

MLS 4990359
Price $672,000
Status Closed
DOM 202 days
Type Multi-Family
Style Contemporary, Walkout Lower Level, Tri-Level, Multi-Family
Beds 8
Square Feet 8,500 sqft
Lot Size 1.05 acres
Year Built 2002

Lot & Building Features

Appliances Water Heater – Heat Pump, Water Heater – Oil, Water Heater – Off Boiler
Utilities Cable - At Site, Telephone At Site, Gas - LP/Bottle
Construction Vinyl Siding, Wood Frame
Cooling Mini Split
Heating Alternative Heat Stove, Radiant Floor, Heat Pump, Baseboard
Parking Description Attached, Garage, Driveway, Auto Open
Sewer Metered, Public
Tax Year 2024
Water Public
Basement Description Apartments, Walkout, Finished, Concrete Floor
Foundation Concrete
Lot Description City Lot, Water View, Mountain View, Landscaped, Lake View
Roof Shingle - Architectural
Features Exterior Balcony, Windows - Double Pane, Storage, Shed, Porch - Covered, Patio, Outbuilding, Other, Natural Shade, Gazebo, Garden Space, Deck
Garage Yes

Unit Features

Unit 1 Apx Sqft 950
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Dishwasher, Washer, Refrigerator, Range - Electric, Heat Included, Dryer
Unit 1 Lease Term Month to Month
Unit 1 Level Number Walkout B
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1300.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 3
Unit 1 Status Leased
Unit 1 Style Studio
Unit 2 Apx Sqft 1000
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Dryer, Washer, Refrigerator, Range - Electric, Heat Included
Unit 2 Lease Term Month to Month
Unit 2 Level Number Walkout B
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1495.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 3 Apx Sqft 1042
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Dishwasher, Washer, Refrigerator, Range - Electric, Heat Included, Dryer
Unit 3 Lease Term Other
Unit 3 Level Number 2
Unit 3 Rental Agreement No
Unit 3 Rental Amt Freq Other
Unit 3 Rooms 4
Unit 3 Style Short Term Rental Unit
Unit 4 Apx Sqft 3600
Unit 4 Baths 4
Unit 4 Bedrooms 3
Unit 4 Info Ceiling Fan, Water Heater, Washer, Refrigerator, Primary BR w/ BA, Porch, Oven - Wall, Microwave, Kitchen Island, Heat Included, Dryer, Dishwasher, Deck
Unit 4 Lease Term Owner Occupied
Unit 4 Level Number 1 & 2
Unit 4 Rental Agreement No
Unit 4 Rooms 11
Unit 4 Status Owner Occupied

Schools

Elementary School Newport City Elementary
Junior High School North Country Junior High
Senior High School North Country Union High Sch

Multi-Family Home for Sale: 29 Campbell Road, Newport City, VT 05855 SOLD

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Financing

$
20%
1%
6.75%
$
$
$
per month
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