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General Property Information
- Price:
- $750,000
- County:
- VT-Orleans
- Acres:
- 1.05
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Ryan Pronto
Jim Campbell Real Estate
Rare opportunity—own a turn-key ready and fully furnished 4-unit multi-family residence with lake views in Newport, Vermont. This exceptional property generates approx. $91K in annual rental income, with flexibility to occupy one unit. The primary living area spans nearly 3,600 sq. ft. across two levels, featuring 3 generous bedrooms and 3.5 bathrooms, each thoughtfully designed for privacy and convenience. Highlights include cathedral ceilings, a dedicated office area, direct access from the heated 3-bay garage, and seamless entry to a spacious deck and gazebo. Suite 2 is positioned above the garage and offers wood vaulted ceilings, a private balcony, and two guest rooms. Suite 3 is a well-appointed studio with one guest room, while Suite 4 includes two guest rooms. All units provide private laundry and secure separation, with the option to combine spaces for expanded living if desired. Documented financials are available. Suites 3 and 4 have a history of long-term occupancy, while Suite 2 and the main residence have consistent short-term rental performance. Additional amenities include radiant floor heating, mini-split cooling systems, whole-house generator, supplemental heating source, storage space, pavilion, and a putting green. Conveniently located just minutes from downtown amenities, dining, and shopping, this versatile property is well-suited for investment, multi-generational living, or potential hospitality use.
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 2002
- Parking:
- Road Frontage:
- 220
- Acres:1.05
- Gross Income:
- 91,975
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 1
- Sq Ft (Above Ground):
- 6564
- Sq Ft (Below Ground):
- 1936
- Total Sq Ft:
- 8500
- Land Description:City Lot,Lake View,Landscaped,Mountain View,Other,Water View,In Town,Near Golf Course,Near Paths,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Hospital
- Elementary School:
- Newport City Elementary
- Middle School:
- North Country Junior High
- High School:
- North Country Union High Sch
- Financing Details:
- Documents Available:
- Deed,Other,Property Disclosure,Tax Map,Town Permit
Unit Information
Unit 1
- #Rooms:
- 11
- #Bedrooms:
- 0
- #Baths:
- 4
- Sq. Ft.:
- 3600
- Floor:
- 1 & 2
- Unit Style:
- Short Term Rental Unit
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 0
- #Baths:
- 1
- Sq. Ft.:
- 1042
- Floor:
- 2
- Unit Style:
- Short Term Rental Unit
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 950
- Floor:
- Walkout
- Unit Style:
- Studio
- Monthly Rent:
- 1400.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 0
- #Baths:
- 1
- Sq. Ft.:
- 1000
- Floor:
- Walkout
- Unit Style:
- Monthly Rent:
- 1750.00
Other Information
- List Date:
- 2026-04-08
- Last Updated:
























































