Newport City, VT | 35 Spring Street

$249,000
MLS#: 5073702
2
# of Units
2,046
Total Sq. Feet
0.24
Acres
$2,635
Taxes
1 of 21

General Property Information

Price:
$249,000
County:
VT-Orleans
Acres:
0.24
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Craig Crawford
Jim Campbell Real Estate

Income opportunity is knocking! Come see for yourself the opportunities that await at this 2-unit investment property on a spacious .24 acre lot in Newport City. Tons of renovations have been completed by current owners since purchasing the property in 2014 to include; new electrical with hardwired smoke/carbon detectors providing each unit with separate panels, new plumbing with W/D hookups, hot air heating system for the first floor unit and 2 gas vented Rinnai units in the 2nd floor unit, spray foam insulation in the basement and crawl space, updated kitchens, baths and appliances, fire rated sheetrock, new flooring and refinished hardwood in the first floor unit. Additional features include a metal roof, vinyl siding, paved driveway and much much more. The first floor unit consists of a fully applianced kitchen, large living/dining area with hardwood flooring and several windows allowing for plenty of natural light, 2 bedrooms and a 3/4 bathroom. The second story unit offers another fully applianced kitchen, living area, bedroom and 3/4 bathroom. The first floor unit currently rents for $950.00 while the 2nd story rents for $850.00 w/ owner paying for heat, trash, lawn care and W/S for both units. Come take a look today for yourself and see all this property has to offer. For financing details, please see attached documentation.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
66
Acres:0.24
Gross Income:
18,925
Annual Expenses:
0
# of Gas Meters:
2
# of Electric Meters:
2
Sq Ft (Above Ground):
2046
Sq Ft (Below Ground):
0
Total Sq Ft:
2046
Land Description:Level,In Town
Elementary School:
Derby Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
1193
Floor:
1
Unit Style:
Monthly Rent:
950.00

Unit 2

#Rooms:
3
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
853
Floor:
2
Unit Style:
Monthly Rent:
850.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-01-12
Last Updated:

Stowe Office

Kerry Douglas Pearce

(P) 802.253.9771
(F) 802.253.9993
email

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