Newport City, VT | 40-50 Bayview Street

$1,068,000
MLS#: 4984475
0.22
Acres
164
Road Frontage
10,651
SQ. Feet
$12,362
Taxes
1 of 2

General Property Information

Price:
$1,068,000
Property Status:
Active
County:
VT-Orleans
Agency/Brokerage:
Marcy Lindstedt
Century 21 Farm & Forest

Here’s an excellent opportunity for investors in downtown Newport. These 3-story multi-family properties include a total of 12 rental units with a mix of 1 and 2-bedroom apartments. The highly desirable location is close to all town amenities like shopping, dining, and entertainment, as well as schools, the post office, Goodrich Memorial Library, Lake Memphremagog, the recreation path, Pomerleau Park, and Gardner Park. Tenants pay for electric, cable, and internet, and they have use of an on-site laundry facility. The landlord covers heat, landscaping, and snow and trash removal. Long-term rental properties are in high demand, so if you’re ready, this could be the perfect property to start with.

Property Features

Year Built:
1880
# of Stories:
Road Frontage:
164
Zoning:
Newport City
Acres:
0.22
Total Sq ft:
10651
# of units:
20
Parking:
Basement:
Concrete Floor
Location:
In Town
Exterior Features:
Vinyl Siding
Sales Includes:
Land/Building
Roof Style:
Flat
Type:
Misc:
Foundation:
Fuel:
Heating & Cooling:
Hot Water
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-02-08
Last Updated:
2024-03-06 19:48:21

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

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