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Property view

29 Campbell Road, 
Newport City, VT 05855

$672,000


Bed


Bath


8,500

Sq Ft


Multi-Family

Sold

Listed by

Ryan Pronto

Jim Campbell Real Estate

802-334-3400

MLS#

4990359

Source:

PrimeMLS

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About This Home

29 Campbell Road

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!

Home Facts

Multi-Family

Built in 2002

Price Summary

699,000

$82 per Sq. Ft.

MLS #:

4990359

Sold:

October 24, 2024


Rooms & Interior

Interior

Living Area:

8,500 Sq. Ft.


Structure

Structure

Building Area:

9,423 Sq. Ft.

Year Built:

2002


Lot

Lot Size (Sq. Ft):

45,738


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$82 per Sq. Ft.

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