35 Spring Street

Closed 4/3/26
Closed 4/3/26
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Sold
Last Sold Price
$245,000
3 beds2,046 sqft$120/sqft
35 Spring St, Newport, VT 05855
Multi FamilyProperty Type
10,454 sq ftLot Size
1900Year Built
$120/sq ftPrice per sq ft

Description

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...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. Seller is willing to pay to convert the property back to a single family residence for qualified purchasers. For financing details, please see attached documentation.

    Sold By Jim Campbell Real Estate

    • Listed by: Craig Crawford • Jim Campbell Real Estate
    Listing closed: 04/03/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5073702
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    $1,465 per month

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    $1,245

    Property Taxes

    $220

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    Property Information for 35 Spring Street

    Property Details
    • Taxes: $2,635 / year
    • MLS Type: Multi Family
    • County: Orleans County
    • Water View: No
    • Waterfront Property: No
    • Zoning: Yes - Newport City
    Building Information
    • Stories: 1
    • Residences: 2
    • Year Built: 1900
    • Lot Size: 0.24 AC / 10,454 SF
    Summary
    Location and General Information
    • City: Newport City
    • County: VT-Orleans
    • Directions: From Sias ave in Newport, turn onto Spring St. Property will be second on your left.
    • Latitude: 44.942506594042015
    • Longitude: -72.196915728836061
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05855
    Taxes and HOA Information
    • SPAN Number: 435-136-14820
    • Tax Year: 2026
    • Taxes TBD: No
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot Features: Level, In Town
    • Lot Size Acres: 0.24
    • Road Frontage Length: 66.0
    • Water Body Access: No
    • Total Finished Area: 2046.0
    • Above Grade Finished Area: 2046.0
    • Above Grade Finished Area Source: Public Records
    • Above Grade Unfinished Area: 0.0
    • AboveGradeUnfinishedAreaSource: Public Records
    • Below Grade Finished Area: 0.0
    • Below Grade Finished Area Source: Public Records
    • Below Grade Unfinished Area: 599.0
    • BelowGradeUnfinishedAreaSource: Public Records
    • Lot Size Square Feet: 10454.0
    • Total Area: 2645.0
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Flood Zone: No
    • PreConstruction: No
    • ROW to other Parcel: No
    • Surveyed: Unknown
    • Year Built: 1900
    • School District: North Country Supervisory Union
    • High School: North Country Union High Sch
    • Middle/Jr School: North Country Junior High
    • Elementary School: Derby Elementary
    Utilities
    • Fuel Company: Bournes
    • Electric: 100 Amp Service, Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public
    • Utilities: None
    • Total Gas Meters: 2
    • Total Electric Meters: 2
    • Separate Utilities: Yes
    • Internet: Cable Internet
    Interior and Exterior Features
    Exterior Features
    • Color: Beige
    • Construction Materials: Wood Frame, Vinyl Exterior, Vinyl Siding
    • Roof: Metal
    • Total Ranges: 2
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Insulated, Unfinished
    • Total Full Baths: 2
    • Flooring: Carpet, Hardwood, Laminate, Vinyl
    • Heating: Direct Vent, Gas Heater, Vented Gas Heater, 2 Stoves
    • Cooling: None
    • Total Refrigerators: 2
    • Total Stories: 1.75
    • Total Water Heaters: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $18,925.00
    • Net Income: $11,363.00
    • Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Trash, Water/Sewer
    • Operating Expense: $7,561
    Multi-Family Information
    • Total Units: 2
    • Total 1 BR Units: 1
    • Total 2 BR Units: 2
    • Total 3+ BR Units: 0
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Lease Term: Annual
    • Unit 1 Level Number: 1
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Leased
    • Unit 1 Rooms: 4
    • Unit 1 Rental Amount: $950.00
    • Unit 1 Tenant Pays: Electric
    • Unit 1 Info: Appliances Included, Ceiling Fan, CO Detector, Electric, Hot Water, Electric Range
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 3
    • Unit 2 Status: Leased
    • Unit 2 Level Number: 2
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 1
    • Unit 2 Rental Amount: $850.00
    • Unit 2 Info: CO Detector, Hot Water, Laundry Hookup, Electric Range
    • Unit 2 Tenant Pays: Electric
    Rental
    Rent Information
    • Total Leases: 2

    Property History for 35 Spring Street

    DateEvent & SourcePriceAppreciation
    Apr 3, 2026

    Sold (Public Record)

    Public Record #1935234574

    		$245,000

    +18.8% / yr

    Apr 3, 2026

    Sold

    New England Real Estate Network #5073702

    		$245,000—
    Mar 30, 2026

    Pending

    New England Real Estate Network #5073702

    		—
    DateEvent & SourcePrice
    04/03/2026

    Sold (Public Record)

    Public Record #1935234574

    $245,000

    +18.8% / yr

    04/03/2026

    Sold

    New England Real Estate Network #5073702

    $245,000
    03/30/2026

    Pending

    New England Real Estate Network #5073702

    —

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

    Public Records for 35 Spring Street

    Taxable ValueLand$19,800Additions$53,000Total$72,800
    Tax Record2025$1,362 ($114 / month)
    Home Facts
    Baths2Total Finished SqFt1,620 SqFtAbove Grade Finished SqFt1,620 SqFtStories2Lot Size10,454 SqFtStyleDuplexYear Built1900Year Renovated1900ZoningGRCountyORLEANSAPN(136) 118245

    Schools near 35 Spring 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.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 35 Spring Street, Newport, VT 05855
    $245,000
    3
    2,046
    10,454
    47 Spring Street, Newport, VT 05855
    $74,500
    5
    2,184
    10,454
    342 East Main Street, Newport, VT 05855
    $155,000
    –
    –
    –
    9,583
    42 Spring Street, Newport, VT 05855
    $105,000
    –
    1
    3,207
    11,761
    63 Spring Street, Newport, VT 05855
    –
    3
    1
    1,080
    10,454
    18 Spring Street, Newport, VT 05855
    $75,000
    3
    2
    1,516
    13,939

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    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 09/04/2026 08:35 AM