29 Campbell Road Newport City, Vermont 05855 MLS# 4990359

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For Sale Status

$899,000 List Price

Multi Type

8 Beds

7 Baths

8,500 Sqft

Listed By Ryan Pronto of Jim Campbell Real Estate
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Well Landscaped Well Landscaped
29 Campbell Road Newport City, VT 29 Campbell Road  Newport City, VT
Fully Landscaped Yard Fully Landscaped Yard
Beautiful Landscaping Beautiful Landscaping
Well Landscaped Well Landscaped
Modern Kitchen Modern Kitchen
Cabinets Galore Cabinets Galore
Sunroom/ Sitting Area Sunroom/ Sitting Area
Spacious Living Room Spacious Living Room
Formal Dining Room Formal Dining Room
Primary Bedroom Suite Primary Bedroom Suite
Primary Bathroom (Main Level) Primary Bathroom (Main Level)
Office Office
Grand Entrance/ High Ceilings Grand Entrance/ High Ceilings
Bedroom (Suite 2) Bedroom (Suite 2)
Family Room (2nd floor) Family Room (2nd floor)
Den (2nd floor) Den (2nd floor)
Bedroom Suite 3 (option use for house for Suite C) Bedroom Suite 3 (option use for house for Suite C)
Suite C (In-Law Suite) Suite C (In-Law Suite)
Suite C (In-Law Suite) Suite C (In-Law Suite)
Suite C (In-Law Suite) Suite C (In-Law Suite)
Suite C (In-Law Suite) Suite C (In-Law Suite)
Suite C (In-Law Suite) Suite C (In-Law Suite)
Suite C Bathroom Suite C Bathroom
Suite B Suite B
Suite B Suite B
Suite B Suite B
Suite B Suite B
Suite A Suite A
Suite A Suite A
Suite A Suite A
Attached 3-Car Heated Garage Attached 3-Car Heated Garage
Front Entry Front Entry
Large Level Lot Large Level Lot
Pavilion Pavilion
Gazebo Gazebo
Beautiful Flower Gardens Beautiful Flower Gardens
Fully Landscaped Yard Fully Landscaped Yard
Beautiful Landscaping Beautiful Landscaping
View From Street View From Street

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 Location

29 Campbell Road Newport City

Property Details

MLS#  4990359 Bedrooms  8 Garage Size  3 Car
List Price  899,000 Total Bathrooms  7 Year Built  2002
Type  Multi-Family Lot Size  1.0500 Acres Taxes $12,348
Units  4 Stories  1/2/1900 Road Frontage  220
Annual Income  $57,895 Style   Water Frontage  
Annual Expenses  $0 Finished  8,500 Sqft Construction  No, Existing
Zoning   GR Above Grade  6,564 Sqft Seasonal  No
Total Rooms  8 Below Grade  1,936 Sqft List Date  Apr 5th, 2024
Gross Income  $57,895 Operating Expenses  $0 Net Income  $23,367
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 950 SqFt, $1,300/Monthly Unit 2   2 Beds, 1 Baths, 1,000 SqFt, $1,495/Monthly
Unit 3   2 Beds, 1 Baths, 1,042 SqFt, $0/Other Unit 4   3 Beds, 4 Baths, 3,600 SqFt, $0/Mo
Construction
BasementInterior, Apartments, Finished, Finished, Walkout
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete House Color  Tan
Floors  Tile, Vinyl, Laminate, Hardwood Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsI-91 to Exit 27 in Newport. Continue to Main St. and follow onto Lake Rd. Continue to Campbell Cottage Rd. (approx. 2 miles) on right. This is the first home on the left.
Lot Description, Snowmobile Trail, Near Skiing, Near Snowmobile Trails, Neighborhood, Other, Near Hospital, Windows - Double Pane
Garage & Parking  Yes, Garage, Driveway, Garage, Attached
Road Frontage  220 Water Access  
Driveway  Paved Water Type  Lake
Flood Zone  No Water Body  
Zoning  GR
School District  Orleans Essex North Middle  North Country Junior High
Elementary  Newport City Elementary High  North Country Union High Sch
Heat Fuel  , Pellet, Oil Excluded  
Heating/Cool  Mini Split, Baseboard, Heat Pump, Heat Pump, Radiant Floor Negotiable  
Sewer  Public, Metered Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Deed, Other, Tax Map, Town Permit
Electric  Generator, 200 Amp, Circuit Breaker Tax ID  435-136-14477
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† The remarks published on this webpage originate from Listed By Ryan Pronto of Jim Campbell Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.