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Excellent 2 family in the heart of Newport, VT, good rental income, continuous Tenants, pay rent on time. 1st floor is a 2 bedroom 1 bath unit with washer/Dryer hook ups. Open concept living,kitchen and dining area. 2nd floor unit is a Townhouse style unit with 4 bedrooms and 2 baths, recently rehabbed. Full walkout basement, tenants each have designated storage space for each unit. Separate Electric and Heating systems, Tenants pay utilitis. Owner pays trash removal, plowing and mowing Property Managed by Red House Rentals & Property Mangement, LLC of Newport VT †
Property Location
55 Cottage Street Newport City
Property Details
List Price 205,000
Bedrooms 6
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1900
MLS# 5039286
Lot Size 0.23 Acres
Taxes $2,976
Type Multi-Family
Days on Market 14 Days
Tax Year 2025
Units 2
Stories 3
Road Frontage 74
Annual Income $38,400
Style
Water Frontage
Annual Expenses $0
Finished 3,137 Sqft
Construction No, Existing
Zoning mixed
Above Grade 3,137 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date May 4th, 2025
Gross Income $38,400
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 2 Beds, 1 Baths, 1,000 SqFt, $1,550/Monthly
Unit 2 4 Beds, 2 Baths, 2,082 SqFt, $1,650/Monthly
Lot DescriptionNo, Near Paths, Near Shopping, Neighborhood, Near Hospital, Near School(s)
Garage & Parking No
Road Frontage 74
Water Access
Driveway Gravel
Water Type
Flood Zone No
Water Body
Zoning mixed
School District Newport City School District
Middle
Elementary Newport City Elementary
High
Heat Fuel , Oil
Excluded
Heating/Cool None
Negotiable
Sewer Public Sewer at Street
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co Comcast
Documents
Electric Circuit Breaker
Tax ID 435-136-16081
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† The remarks published on this webpage originate from Listed By Lee Fitzgerald-Pierce of Century 21 Farm & Forest via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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