72 Judd Drive Newport City, Vermont 05855 MLS# 4786625

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Sold Status

$207,500 Sold Price

Multi Type

4 Beds

4 Baths

2,596 Sqft

Listed By Ryan Pronto of Jim Campbell Real Estate
Sold By Jim Campbell Real Estate

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4 unit apartment complex with over a 10% annual return on your investment. Built in 2003 by a top local builder, this building still shows like new and is an efficient property to own. Everything has been well maintained, has up to date CO2/smoke detectors and more. Featuring 4 one bedroom units (each with their own appliances to include washer & dryer in each unit), large parking area, spacious yard and a quiet/private setting at the end of a dead-end road. Unit A is handicapped accessible with modified kitchen and bathroom areas and Unit B is also a ground level unit. Turnkey property and newer construction means minimal upkeep needed. Good rental history with long term tenants, generating a very strong return on investment! This is a great opportunity to own and operate your own multi-family investment property. †

Property Location

72 Judd Drive Newport City

Property Details

Essentials

Sold Price $207,500		Sold Date Apr 30th, 2020
List Price 219,500	Bedrooms 4	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 4	Year Built 2003
MLS# 4786625	Lot Size 0.96 Acres	Taxes $5,602
Type Multi-Family	Days on Market 2401 Days	Tax Year 2020
Units 4	Stories 2	Road Frontage
Annual Income $36,000	Style Apartment Building, Multi-Family	Water Frontage
Annual Expenses $0	Finished 2,596 Sqft	Construction No, Existing
Zoning Newport	Above Grade 2,596 Sqft	Seasonal No
Total Rooms 4	Below Grade 0 Sqft	List Date Nov 26th, 2019

Expenses

Gross Income $36,000	Operating Expenses $0	Net Income $22,236

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, 626 SqFt, $775/Monthly	Unit 2 1 Beds, 1 Baths, 626 SqFt, $725/Monthly
Unit 3 1 Beds, 1 Baths, 672 SqFt, $850/Monthly	Unit 4 1 Beds, 1 Baths, 672 SqFt, $850/Monthly

Building

ConstructionWood Frame
Basement, Slab
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Slab w/Frst Wall	House Color
Floors Vinyl, Carpet	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsFrom Main St Newport, continue to West Main St. Judd Dr. is on the left just after the 3-way stop sign. Go all the way to the end of the road.
Lot Description, Rental Complex
Garage & Parking No, , , On Site

Road Frontage	Water Access
Driveway Gravel	Water Type Lake
Flood Zone No	Water Body
Zoning Newport

Schools

School District Orleans Essex North	Middle North Country Junior High
Elementary Newport City Elementary	High North Country Union High Sch

Utilities

Heat Fuel , Gas-Lp/Bottle	Excluded
Heating/Cool None, Baseboard, Hot Water	Negotiable
Sewer Public	Parcel Access ROW Yes
Water Public, Metered	ROW for Other Parcel
Water Heater Tank, Gas-Lp/Bottle, Off Boiler	Financing
Cable Co	Documents Property Disclosure, Lease Agreements, Deed, Tax Map
Electric 100 Amp, Circuit Breaker	Tax ID 435-136-16115

† The remarks published on this webpage originate from Listed By Ryan Pronto of Jim Campbell Real Estate 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.