Listing Provided by:
Jim Campbell Real Estate
Phone: 802-334-3400
Agent: Ryan Pronto
Rare opportunity?own a turn-key ready and fully furnished 4-unit multi-family residence with lake views in Newport, Vermont. This exceptional property generates approx. $91K in annual rental income, with flexibility to occupy one unit. The primary living area spans nearly 3,600 sq. ft. across two levels, featuring 3 generous bedrooms and 3.5 bathrooms, each thoughtfully designed for privacy and convenience. Highlights include cathedral ceilings, a dedicated office area, direct access from the heated 3-bay garage, and seamless entry to a spacious deck and gazebo. Suite 2 is positioned above the garage and offers wood vaulted ceilings, a private balcony, and two guest rooms. Suite 3 is a well-appointed studio with one guest room, while Suite 4 includes two guest rooms. All units provide private laundry and secure separation, with the option to combine spaces for expanded living if desired. Documented financials are available. Suites 3 and 4 have a history of long-term occupancy, while Suite 2 and the main residence have consistent short-term rental performance. Additional amenities include radiant floor heating, mini-split cooling systems, whole-house generator, supplemental heating source, storage space, pavilion, and a putting green. Conveniently located just minutes from downtown amenities, dining, and shopping, this versatile property is well-suited for investment, multi-generational living, or potential hospitality use.
Listed By
Broker Name: Jim Campbell Real Estate
Broker Phone: 802-334-3400
Agent Name: Ryan Pronto
Shown By
Broker Title: Badger Peabody & Smith Realty
Broker Phone: (603) 823-5700 (Corporate Office)
Estimated Payment
$ 5,148.23 per month $3,674.81 Principal & Interest $1,254.67 Property Tax $218.75 Homeowner's InsuranceSource: Delta Media Group, Inc.
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29 Campbell Road, Newport City, VT 05855.
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