124 Prospect Street

Closed 6/14/21
Closed 6/14/21
Gallery Image 1
Sold
Last Sold Price
$150,000
5 beds3,224 sqft
124 Prospect St, Newport, VT 05855
Multi FamilyProperty Type
0.09 acresLot Size
1890Year Built
$47/sq ftPrice per sq ft

Description

Great investment opportunity with this nicely maintained and renovated 3-unit apartment building. Well established income producing property with superb long term tenants (Unit #3, 24+ years). Low maintenance with updated vinyl siding & windows, shingled roof, electrical, plumbing, hard wired smoke detectors, heating system, blown-in insulation in 2021, etc. Unit #1 is the largest of the units with 3 bedrooms and 1 bath on two levels. Unit #2 is on the ground level with one bedroom and access to...Great investment opportunity with this nicely maintained and renovated 3-unit apartment building. Well established income producing property with superb long term tenants (Unit #3, 24+ years). Low maintenance with updated vinyl siding & windows, shingled roof, electrical, plumbing, hard wired smoke detectors, heating system, blown-in insulation in 2021, etc. Unit #1 is the largest of the units with 3 bedrooms and 1 bath on two levels. Unit #2 is on the ground level with one bedroom and access to a private enclosed rear porch. Unit #3 is a second floor one bedroom unit with access to a private enclosed porch. Each unit includes the kitchen appliances and access to common washer/dryer hookups in the basement. Great location on the outskirts of downtown, walking distance to all amenities and is a great income producing property with financials available.

    Sold By Century 21 Farm & Forest

    • Listed by: Ryan Pronto • Jim Campbell Real Estate
    Listing closed: 06/14/2021 12:00 AM • Source: New England Real Estate Network, MLS#: 4854347

    See It First™ on Compass

    Find homes before they're listed on other real estate sites.

    Start your search
    Get preapproved with Rocket Mortgage1

    Location

    Add your commute

    Payment Calculator

    Get preapproved with Rocket Mortgage1

    $1,110 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $801

    Property Taxes

    $309

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 124 Prospect Street

    Property Details
    • Taxes: $3,707 / year
    • MLS Type: Multi Family
    • County: Orleans County
    • Parking: Driveway
    • Zoning: Newport
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1890
    • Lot Size: 0.09 AC / 3,920 SF
    Summary
    Location and General Information
    • Area Description: In Town, Near Shopping
    • City: Newport City
    • County: VT-Orleans
    • Directions: Main St. Newport to Third Street. Follow to the intersection of Prospect St and turn right. This property is the second on the right.
    • Latitude: 44.932957416440324
    • Longitude: -72.211465271163945
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip: 05855
    Taxes and HOA Information
    • SPAN Number: 435-136-15260
    • Tax - Gross Amount: $3,707.02
    • Tax Year: 2021
    • Tax Year Notes: 2020-21
    • Taxes TBD: No
    School Information
    • School - High: North Country Union High Sch
    • School - District: Orleans Essex North
    • School - Elementary: Newport City Elementary
    • School - Middle/Jr: North Country Junior High
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 3920.0
    • Lot Size Acres: 0.09
    • Road Frontage Length: 51.0
    • Square Feet Apx Finished Above Grade: 3224.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Total: 4957.0
    • Square Feet Apx Total Finished: 3224.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished Below Grade: 1733.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Easements: No
    • Flood Zone: No
    • Foundation: Brick, Granite, Stone
    • PreConstruction: No
    • ROW - Parcel Access: No
    • ROW to other Parcel: No
    • Surveyed: Unknown
    • Year Built: 1890
    Utilities
    • Electric Company: VEC
    • Cable Company: Comcast
    • Fuel Company: Freds
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available
    • Total Gas Meters: 0
    • Total Electric Meters: 4
    • Separate Utilities: Varies
    Interior and Exterior Features
    Exterior Features
    • Color: Gray
    • Features - Exterior: Porch - Enclosed
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    • Total Ranges: 3
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Full, Storage Space, Unfinished
    • Total Full Baths: 3
    • Flooring: Carpet, Hardwood, Vinyl
    • Heat Fuel: Oil
    • Heating: Hot Water, Radiator
    • Cooling: None
    • Total Refrigerators: 3
    • Total Rooms Above Ground: 14
    • Total Stories: 2.5
    • Total Water Heaters: 1
    • Trash: Cans, Owner
    Multi Family
    Income & Expenses Information
    • Gross Income: $25,200.00
    • Net Income: $17,141.00
    • Operating Expense Incl: Heat, Utilities, Water/Sewer
    • Operating Expense: $8,058
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 2
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 1
    • Total Heat Units: 1
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Level Number: 1 & 2
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Leased
    • Unit 1 Apx Sqft: 1742.0
    • Unit 1 Rooms: 6
    • Unit 1 Rental Amount: $750.00
    • Unit 1 Tenant Pays: Electric, Internet Service
    • Unit 1 Info: Appliances Included, Heat Included, Porch, Range - Electric, Refrigerator
    Unit 2
    • Unit 2 Lease Term: Month to Month
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 4
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Status: Leased
    • Unit 2 Level Number: 1
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Apx Sqft: 695.0
    • Unit 2 Bedrooms: 1
    • Unit 2 Rental Amount: $650.00
    • Unit 2 Info: Appliances Included, Heat Included, Porch - Screened, Range - Electric, Refrigerator
    • Unit 2 Tenant Pays: Electric, Internet Service
    Unit 3
    • Unit 3 Lease Term: Month to Month
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 4
    • Unit 3 Rental Agremnt: Yes
    • Unit 3 Level Number: 2
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Leased
    • Unit 3 Apx Sqft: 787.0
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $700.00
    • Unit 3 Info: Appliances Included, Heat Included, Porch - Screened, Range - Electric, Refrigerator
    • Unit 3 Tenant Pays: Electric, Internet Service
    Rental
    Rent Information
    • Total Leases: 3

    Property History for 124 Prospect Street

    DateEvent & SourcePriceAppreciation
    Jun 14, 2021

    Sold

    New England Real Estate Network #4854347

    		$150,000—
    Jun 14, 2021

    Pending

    New England Real Estate Network #4854347

    		—
    Apr 7, 2021

    Listed (Active)

    New England Real Estate Network #4854347

    		$159,000—
    DateEvent & SourcePrice
    06/14/2021

    Sold

    New England Real Estate Network #4854347

    $150,000
    06/14/2021

    Pending

    New England Real Estate Network #4854347

    —
    04/07/2021

    Listed (Active)

    New England Real Estate Network #4854347

    $159,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 124 Prospect Street

    Taxable ValueLand$15,000Additions$114,300Total$129,300
    Tax Record2025$2,419 ($202 / month)
    Home Facts
    Baths3Total Finished SqFt3,224 SqFtAbove Grade Finished SqFt3,224 SqFtStories2Lot Size3,920 SqFtStyleTriplexYear Built1890Year Renovated1890ZoningURCountyORLEANSAPN(136) 133159

    Schools near 124 Prospect Street

    This home is within North Country Senior Union High School District #22.
    Rating
    School
    Type
    Grades
    Distance
    Newport City Elementary School
    		Public - PK to 6
    North Country Junior Uhsd #22
    		Public - 7 to 8
    North Country Senior Uhsd #22
    		Public - 9 to 12
    North Country Career Center
    		Public - 9 to 12
    Rating
    School
    Distance
    Newport City Elementary School
    PublicPK to 6

    North Country Junior Uhsd #22
    Public7 to 8

    North Country Senior Uhsd #22
    Public9 to 12

    North Country Career Center
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    Explore Nearby Homes

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Jim Campbell Real Estate

    Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 09/25/2026 01:38 PM