73 Bayview StreetNewport City, VT 05855MLS Number 4751452

  • Price: $129,900
  • Est. Mortgage of $/month
  • 103 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.55% last updated on Aug 22, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.13Acreage
  • 3Bathroom
  • 1900Year Built
  • 3,720Square Feet

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Profitable 3-Unit apartment building with excellent rental history that nets out $14K+ annually/12%+ return. Great investment opportunity with this nicely maintained and renovated multifamily home. This property has numerous energy efficient updates and is low maintenance. Improvements include vinyl windows throughout, plumbing, hard wired smoke detectors, fresh exterior paint, etc. Each unit pays their own heat & electric with their own propane direct vent heating units and separate electric meters (1 meter for common areas). All units have their own floor, have all been remodeled and are very spacious. Unit #1 is a 2 bed & 1 bath ground level unit with an enclosed porch, Unit #2 has 2 bed & 1.5 bath on the 2nd floor with an enclosed porch and Unit 3 is a 2 bed & 1 bath on the 3rd floor. Apartments #1 & 2 have beautiful hardwood floors, kitchen appliances are included in all units and washer/dryer hook-ups in each unit. Located on a dead-end street in a convenient location, walking distance to amenities in downtown Newport and offering partial views of Lake Memphremagog.

Listed by Ryan Pronto of Jim Campbell Real Estate

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More Info

Basic Information

  • Virtual TourClick Here
  • StatusACT
  • Property TypeMulti-Family
  • List Price$129,900
  • MLS Number4751452

Property

  • Acreage0.13
  • Parking Spaces
  • Square Feet3,720
  • APX Fin AG Sqft3,720
  • Road Frontage85
  • RoadsPaved, Public
  • Lot DescriptionIn Town, Neighborhood City Lot, Sidewalks

Utilities

  • Heat FuelGas - LP/Bottle
  • Heat SystemDirect Vent, Gas Heater - Vented, Wall Units
  • WaterMetered, Public
  • Water HeaterOil
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • Heating Exp$980

Location

  • TownNewport City
  • StateVT
  • Zip05855
  • CountyOrleans
  • ZoningNewport
  • Elementary SchoolNewport City Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Union High Sch
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood, Laminate

Exterior

  • ExteriorWood Siding
  • RoofShingle - Asphalt
  • Exterior ColorBrown

Amenities

  • Exterior AmenitiesPorch - Enclosed

Water Body

  • Water Body TypeLake
  • Water Body NameMemphremagog
  • Water AccessView Only

Other

  • Taxes$3,740
  • Tax Yr2018
  • Seasonal Y/NNo
  • Operating ExpensesGarbage, Insurance, Snow Removal, Water/Sewer
  • TrashCans
  • Insurance Exp$1,490
  • Snow Exp$600
  • Trash Exp$888
  • Unit 1 Deposit$725
  • Unit 2 Rent Amount$725
  • Unit 3 Rent Amount$625
  • Utilities Exp$300
  • Water Exp$900
  • View Count11

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family, Multi-Level
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms5
  • Unit 2 Bath2
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location3
  • Unit 3 Total Rooms5
  • # of 2 Bedrooms3
  • Bathroom3
  • Total Baths3
  • BasementFull, Stairs - Interior
  • FoundationGranite
StoneCrest Properties
StoneCrest Properties
Office: 802-626-4790
101 Depot Street
Lyndonville, VT 05851
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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 August 25, 2019.

 

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