Multi-Family for Sale: 152 Prospect Street, Newport City, VT 05855

4 beds
4 full baths
2,586 sqft
$375,000
$375,000
152 Prospect Street, Newport City, VT 05855
4 beds
4 full baths
2,586 sqft
$375,000
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Price:
$375,000

Type Multi-Family
Style Victorian
Beds 4
Total Baths 4 full baths
Square Feet 2,586 sqft
Lot Size 0.19 acres
Year Built 1885
Taxes Paid $4,746

City Newport City
County Orleans

MLS 5024158
Status Active
DOM 13 days
This beautiful property has a revenue potential of $20,000-$40,000 annually, depending on the number of units available for rental. The owner is a superhost on Airbnb with a 4.7 rating. The owner lives in one of the units and rents out the others. The property is already booked into 2025. All that is missing from this beautiful property is an outside paint job, for which the seller is willing to discount the property by $10,000. This property is an exceptional investment opportunity with upscale extended-stay suites in a small Vermont city. This unique property perfectly fills a high-demand niche for quality, short-term accommodations. The property consists of four rental units. Each rental unit (except the owner's suite) comes fully furnished, providing a turnkey solution for tenants and offering modern amenities in a vintage setting. This property is located within easy reach of key local amenities and beautiful Lake Memphremagog. The building features a shared washer/dryer in the basement and a washer/dryer in the owner's unit for added convenience. This property is currently leased to essential workers. The building has been completely renovated to meet today's needs while maintaining the charming vintage feel that adds character and appeal. This is a fantastic opportunity to have rental income support your lifestyle, whether you're looking for a stable business venture or a unique way to live in one unit and have other units produce income to offset living cost.

Lot & Building Features

Utilities Cable, Other
Construction Wood Frame, Wood Siding
Cooling Individual
Heating Baseboard, Multi Zone, Hot Water
Sewer Public
Tax Year 2024
Taxes Paid $4,746
Water Public
Basement Description Daylight, Unfinished, Storage Space, Full
Foundation Concrete, Stone, Granite
Lot Description City Lot, Street Lights, Sidewalks, Near Shopping, Near School(s), Near Hospital, In Town
Roof Metal
Garage Yes

Community and Schools

Elementary School Newport City Elementary
Junior High School North Country Junior High
Senior High School North Country Union High Sch

Unit Features

Unit 1 Apx Sqft 639
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Heat Included
Unit 1 Level Number 2
Unit 1 Rooms 3
Unit 2 Apx Sqft 771
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Appliances Included, Heat Included, Furnished
Unit 2 Level Number 1
Unit 2 Rooms 4
Unit 3 Apx Sqft 361
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Level Number 2
Unit 3 Rooms 3
Unit 4 Apx Sqft 373
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Info Appliances Included, Heat Included, Furnished
Unit 4 Level Number 2
Unit 4 Rooms 2

Price History of 152 Prospect Street, Newport City, VT

Date Name Price Difference
12/09/2024 Listing Price $375,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 152 Prospect Street, Newport City, VT

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by Century 21 Farm & Forest, Constance Isabelle
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20%
1.2657013333333%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

152 Prospect Street (MLS #5024158) is a multi-family listing located in Newport City, VT. This multi-family listing is 2,586 sqft and on a lot of 8,276 sqft (or 0.19 acres) with 4 bedrooms, 4 baths and is 139 years old. This property was listed on 12/09/2024 and has been priced for sale at $375,000.

Nearby zip codes are 05822, 05825, 05829, 05855 0000 and 05857. This property neighbors other cities such as Coventry, Derby, Irasburg and Newport Town.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Century 21 Farm & Forest

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 12/22/2024