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29 Campbell Road

Newport City, VT

Units: 4
Stories: 2.5
Taxes: $12347.52

Price: $899,000

MLS# 4990359
Listed by Ryan Pronto of Jim Campbell Real Estate

  • Type
  • Number of Units: 4
  • Living Area: 8500 SqFt
  • Total Area: 9423 SqFt
  • Lot Size: 1.05 Acres
  • Parking: Auto Open,Driveway,Garage,Attached
  • Year Built: 2002
  • Stories: 2.5
  • Basement: Apartments,Concrete Floor,Finished,Walkout
  • Roof: Shingle - Architectural
  • Construction:
  • Taxes: $12347.52
  • Heating Fuel/Type: Oil,Pellet/Alternative Heat Stove,Baseboard,Heat Pump,Radiant Floor
  • Water Heater:
  • Water:
  • Sewer: Metered,Public
  • Listing Office: Jim Campbell Real Estate
  • Listing Agent: Ryan Pronto
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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