73 Bayview Street Newport City, Vermont 05855 MLS# 4751452

Welcome to 73 Bayview St. in Newport, VT. This Profitable 3-Unit apartment building has excellent rental history that nets out $14K+ annually/12%+ return. Great investment opportunity with this nicely maintained and renovated multifamily home. This property has numerous energy efficient updates and is low maintenance. Improvements include vinyl windows throughout, plumbing, hard wired smoke detectors, fresh exterior paint, etc. Each unit pays their own heat & electric with their own propane direct vent heating units and separate electric meters (1 meter for common areas). All units have their own floor, have all been remodeled and are very spacious. Unit #1 is a 2 bed & 1 bath ground level unit with an enclosed porch, Unit #2 has 2 bed & 1.5 bath on the 2nd floor with an enclosed porch and Unit 3 is a 2 bed & 1 bath on the 3rd floor. Apartments #1 & 2 have beautiful hardwood floors, kitchen appliances are included in all units and washer/dryer hook-ups in each unit. Located on a dead-end street in a convenient location, walking distance to amenities in downtown Newport and offering partial views of Lake Memphremagog. †

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