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Courtesy of Ryan Pronto of Jim Campbell Real Estate: .

29 Campbell Road

Newport City, VT 05855
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 174 Days
  • MLS #: 4990242
Under Contract
UPDATED: 46 min ago
$699,000
  • 3
    BEDS
  • 1.05
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 8,500
    SQFT
  • $82
    $/SQFT
Type:
Single-Family Home
Built:
2002
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Spacious property with 6500+ sq.ft. and 4 units total; to include the main home and 3 fully furnished income producing suites. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K annual rental revenue from the 3 suites and/or potential for much higher revenue by leasing the main home. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters feature nearly 3600sq.ft with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Great deal to offer for the price!

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14T11:05:58.873.
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29 Campbell Road Newport City, VT 05855

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 174 Days
  • Updated: 46 min ago
  • MLS #: 4990242
3
Beds
6
Baths
1
½ Baths
1.05
Acres
8,500
SQFT
$82
$/SQFT
2002
Built
County:
Orleans
Area:
Newport City
Elementary School:
Newport City Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
School District:
Orleans Essex North
Property Description
Spacious property with 6500+ sq.ft. and 4 units total; to include the main home and 3 fully furnished income producing suites. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K annual rental revenue from the 3 suites and/or potential for much higher revenue by leasing the main home. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters feature nearly 3600sq.ft with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Great deal to offer for the price!
Exterior Features

Architectural Style ContemporaryMulti-FamilyTri-LevelWalkout Lower Level Color Tan Construction Materials Wood FrameVinyl Siding Driveway Paved Exterior Features BalconyDeckGarden SpaceGazeboNatural ShadeOtherOutbuildingPatioPorch - CoveredShedStorageWindows - Double Pane Has Garage Yes Lot Features City LotLake ViewLandscapedMountain ViewWater View Owned Land Yes Parking Auto OpenDrivewayGarageAttached Road Frontage Yes Road Frontage Length 220 Roads Public Roof Shingle - Architectural Water Body Access YN No Water Body Type Lake Water View YN Yes Waterfront Property No

Interior Features

Appliances DishwasherDryerMicrowaveOven - WallRefrigeratorWasherWater Heater - Off BoilerWater Heater - OilCooktop - InductionWater Heater - Heat Pump Basement Access Type Interior Basement Description ApartmentsConcrete FloorFinishedWalkout Cooling Mini Split Equipment CO DetectorOtherSmoke DetectorSmoke Detectr-HrdWrdw/BatGenerator - Standby Flooring HardwoodLaminateTileVinyl Foundation Concrete Has Basement Yes Heating Alternative Heat StoveBaseboardHeat PumpRadiant Floor Interior Features Attic - Hatch/SkuttleCathedral CeilingCeiling FanDining AreaFurnishedIn-Law SuiteKitchen IslandKitchen/DiningPrimary BR w/ BAOtherWet BarLaundry - 1st Floor Quarter Baths 0 Rooms Level1 Level 1: Dining RoomLevel 1: KitchenLevel 1: Living RoomLevel 1: Primary BedroomLevel 1: MudroomLevel 1: Office/Study Rooms Level2 Level 2: BedroomLevel 2: Family Room Rooms Total 18 Sq Ft Approx Fin Above Grade 6564 Sq Ft Approx Fin Below Grade 1936

Property Features

Area Description In TownNear Golf CourseNear PathsNear SkiingNear Snowmobile TrailsNeighborhoodOtherNear Hospital Auction No Construction Status Existing Covenants No Documents Available DeedOtherProperty DisclosureTax Map Electric 200 AmpCircuit Breaker(s)Generator Electric Company VT Electric Co-Op Features Accessibility 1st Floor Bedroom1st Floor Full BathroomHard Surface FlooringPaved Parking1st Floor Laundry Financing Possible Opt 1031 ExchangeCashConventionalHome EquityOther Flood Zone No Footprint 35' x 50'+ Foreclosed / Bank Owned / REO No Fuel Company Oil Supply Heat Fuel OilPellet Phone Company Comcast Prior Possession At Closing Pre Construction No Property Type Single Family Rental Amount 57895 Resort No Seasonal No Sewer 1500+ GallonConcreteLeach FieldLeach Field - ConventionlSeptic Span Number 435-136-14477 Suitable Use Bed and BreakfastMixed UseOtherResidential Surveyed Yes Tax Gross Amount 12347.52 Tax Year 2024 Taxes Tbd No Timeshare Fractional Own No Utilities Cable - At SiteGas - On-SiteTelephone At Site Water Source MeteredPublic Zoning GR

Courtesy of Ryan Pronto of Jim Campbell Real Estate: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14T11:05:58.873.
 
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