$975,000
Active
47 Days Online
0 Beds0 Baths8,500 SQFT
Active

29 Campbell Road Newport City, VT 05855

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$12,347
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusActive
  • MLS ID Number4990359
  • Home Size Source Appraiser
  • Year Built2002
  • Lot Size1.05 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style ContemporaryMulti- FamilyTri- LevelWalkout Lower Level
  • Construction Vinyl Siding
  • Parking Auto OpenDrivewayGarageAttached
  • Sewer Public Sewer
  • Basement ApartmentsConcrete FloorFinishedWalkout
  • Number of Stories 2.5
  • Acreage 1.05
  • Water Public
  • Garage Spaces 3
  • Attached Garage No
  • Zoning GR

Interior Features

  • Cooling Mini Split
  • Heating OilPelletAlternative Heat StoveBaseboardHeat PumpRadiant Floor
  • Flooring HardwoodLaminateTileVinyl

Exterior Features

  • Exterior BalconyDeckGarden SpaceGazeboNatural ShadeOtherOutbuildingPatioPorch - CoveredShedStorageWindows - Double Pane
  • Lot City LotLake ViewLandscapedMountain ViewWater View

Community Features

  • Community Features In TownNear Golf CourseNear HospitalNear PathsNear SkiingNear Snowmobile TrailsNeighborhoodOther
  • MLS Area VT-Orleans

Schools

School District
Orleans Essex North
Elementary School
Newport City Elementary
Middle School
North Country Junior High
High School
North Country Union High Sch

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Monthly Payment (Est.)

$5,200
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