103 Vance Hill Road Newport Town, Vermont - Sold in 2023

103 Vance Hill Road Newport Town, Vermont 05857 MLS# 4969429

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Sold Status

$200,000 Sold Price

Multi Type

3 Beds

3 Baths

2,472 Sqft

Listed By Lyell Reed of Century 21 Farm & Forest
Sold By Big Bear Real Estate
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103 Vance Hill Road

Investment opportunity!!! fully rented with yearly leases. Tenants pay heat and electric as well as internet etc. Excellent location for easy access to Newport City or Jay Peak Resort. Solid Investment Opportunity!!!! Tired of the ups and downs of the stock market? This is an alternative. Three 1 BR/1 BA units in this multi-family home that underwent substantial renovations just a few years ago. Property is in great condition and solid! Really great building with solid rental history; a sound investment! Could also be owner occupied with TWO rental incomes to support the mortgage! Great income and min overhead, great combination.

Property Location

103 Vance Hill Road Newport Town

Property Details

Sold Price  $200,000 Sold Date  Nov 29th, 2023
List Price  220,000 Bedrooms  3 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1925
MLS#  4969429 Lot Size  0.12 Acres Taxes $2,185
Type  Multi-Family Days on Market  1017 Days Tax Year 2023
Units  3 Stories  1/1/1900 Road Frontage  50
Annual Income  $2,170 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  2,472 Sqft Construction  No, Existing
Zoning   yes Above Grade  2,472 Sqft Seasonal  No
Total Rooms  3 Below Grade  0 Sqft List Date  Sep 11th, 2023
Gross Income  $2,170 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $795/Monthly Unit 2   1 Beds, 1 Baths, $700/Monthly
Unit 3   1 Beds, 1 Baths, $675/Monthly
ConstructionWood Frame
BasementWalkout, Unfinished, Full, Concrete, Exterior Stairs, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Block, Concrete, Poured Concrete House Color  Yellow
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom center of town take Vance Hill Rd will be on your left almost directly across from Town Office
Lot DescriptionNo, Trail/Near Trail, City Lot, Village, Snowmobile Trail, Near ATV Trail
Garage & Parking  No, , , On Site, Assigned, 4 Parking Spaces, Parking Spaces 4
Road Frontage  50 Water Access  
Driveway  Gravel, Dirt Water Type  
Flood Zone  No Water Body  
Zoning  yes
School District  North Country Supervisory Union Middle  North Country Junior High
Elementary  Newport Center Elementary High  North Country Union High Sch
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Vented Gas Heater, Hot Air, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Tank, Owned Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  438-137-10091
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† The remarks published on this webpage originate from Listed By Lyell Reed 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.