Sold Status
$161,300 Sold Price
Multi Type
4 Beds
3 Baths
2,773 Sqft
Sold By Century 21 Farm & Forest
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Located in downtown Newport, Vermont with a lake view is this fully occupied triplex. All units include refrigerator, cook stove, washer & dryer. The building sits on a concrete foundation and has had substantial updates including heating system, wiring, plumbing, bathrooms, replacement windows & vinyl siding. Unit 1 is a 2-bedroom with lovely woodwork & lake views. It has a galley-style kitchen, large dining room & living room, main floor bedroom plus large bedroom upstairs. Unit 2 is a main floor unit with 1 bedroom, open kitchen/dining space & a living room. Unit 3 is a second-story unit with an open kitchen/dining room, a living room & it has been set up as 1 or 2 bedrooms. Owner pays heat, trash, lawn & snow removal, plus electric for units 1 & 3. Unit 2 pays their own electric. The lot offers 4 -5 parking spaces & some yard space for each unit. Enjoy access to Main Street restaurants & shops, the boardwalk, lake and recreation path (aka bike path). Units 1 & 2 are currently rented slightly below market as the tenants work for the sellers husband. A great opportunity to start or expand your investment portfolio. †
Property Location
Property Details
| Sold Price $161,300 | Sold Date Feb 4th, 2022 | |
|---|---|---|
| List Price 149,900 | Bedrooms 4 | Garage Size 1 Car |
| Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 1900 |
| MLS# 4891788 | Lot Size 0.25 Acres | Taxes $3,816 |
| Type Multi-Family | Days on Market 1670 Days | Tax Year 2021 |
| Units 3 | Stories 2 | Road Frontage 66 |
| Annual Income $24,100 | Style Multi-Family, Neighborhood | Water Frontage |
| Annual Expenses $0 | Finished 2,773 Sqft | Construction No, Existing |
| Zoning Per City | Above Grade 2,773 Sqft | Seasonal No |
| Total Rooms 4 | Below Grade 0 Sqft | List Date Nov 26th, 2021 |

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