29 Campbell Road
29 Campbell Road
Newport, VT 05855
$975,000
Price
8
Beds
7
Baths
8,500 Sq. Ft.
$115 / Sq. Ft.
8,500
Sq. Ft.
$115
per Sq. Ft.
Description
Income producing and spacious 4-unit multi-family home with 6500+ sq.ft. of living space to include 3 fully furnished units (Suites A, B & C). This is a unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters features nearly 3600sq.ft of finished living area with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated...Income producing and spacious 4-unit multi-family home with 6500+ sq.ft. of living space to include 3 fully furnished units (Suites A, B & C). This is a unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters features nearly 3600sq.ft of finished living area with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft with 2 guest rooms and Suite C (above the garage) offers 1042sq.ft with 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K in annual rental revenue from the 3 suites. Additional features include newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green and more.
- Listed by Ryan Pronto • Jim Campbell Real Estate
Property Details for 29 Campbell Road
Parking
Auto Open, Driveway, Garage, Attached
Water Body TypeLake
Water ViewYes
Waterfront PropertyNo
ZoningGR
Location
Listing Courtesy of Jim Campbell Real Estate
Add your commute
LISTING UPDATED: 05/09/2024 01:01 PM
Property Details for 29 Campbell Road
| Status | Active |
|---|---|
| MLS # | 4990359 |
| Days on Market | 37 |
| Taxes | $12,348 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2002 |
| Lot Size | 1.05 AC / 45,738 SF |
| County | Orleans County |
Location
Listing Courtesy of Jim Campbell Real Estate
Add your commute
Building Information for 29 Campbell Road
Stories2Residences4Year Built2002Building Size-Lot Size1.05 AC / 45,738 SF
Payment Calculator
$6,350 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,321
Property Taxes
$1,029
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 29 Campbell Road
Summary
Location and General Information
- Area Description: In Town, Near Golf Course, Near Paths, Near Skiing, Near Snowmobile Trails, Neighborhood, Other, Near Hospital
- City: Newport City
- County: VT-Orleans
- Directions: I-91 to Exit 27 in Newport. Continue to Main St. and follow onto Lake Rd. Continue to Campbell Cottage Rd. (approx. 2 miles) on right. This is the first home on the left.
- Latitude: 44.946036000000007
- Longitude: -72.236035542327883
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Road
- Zip Code: 05855
Taxes and HOA Information
- SPAN Number: 435-136-14477
- Tax - Gross Amount: $12,347.52
- Tax Year: 2024
- Tax Year Notes: 2023-24
- 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: Yes
- Garage Capacity: 3.00
- Driveway: Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/29-Campbell-Road-Newport-City-VT-05855--4990359/unbranded
Property
Lot Information
- Footprint: 35' x 50'+
- Lot - Sqft: 45738.0
- Lot Features: City Lot, Lake View, Landscaped, Mountain View, Water View
- Lot Size Acres: 1.05
- Road Frontage Length: 220.0
- Square Feet Apx Finished Above Grade: 6564.0
- Square Feet Apx Finished AG Source: Appraiser
- Square Feet Apx Finished Below Grade: 1936.0
- Square Feet Apx Finished BG Source: Appraiser
- Square Feet Apx Total: 9423.0
- Square Feet Apx Total Finished: 8500.0
- Square Feet Apx Unfinished Above Grade: 598.0
- Square Feet Apx Unfinished AG Source: Appraiser
- Square Feet Apx Unfinished Below Grade: 325.0
- Square Feet Apx Unfinished BG Source: Appraiser
- Water Body Access: No
- Water Body Name: Memphremagog Lake
Property and Assessments
- Current Use: No
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Concrete
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 2002
Utilities
- Electric Company: VT Electric Co-Op
- Fuel Company: Oil Supply
- Electric: 200 Amp, Circuit Breaker(s), Generator
- Sewer: Metered, Public
- Water Source: Public
- Utilities: Cable - At Site, Gas - LP/Bottle, Telephone At Site
- Total Electric Meters: 1
- Separate Utilities: No
- Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
- Color: Tan
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Balcony, Deck, Garden Space, Gazebo, Natural Shade, Other, Outbuilding, Patio, Porch - Covered, Shed, Storage, Windows - Double Pane
- Roads: Paved, Public
- Roof: Shingle - Architectural
- Total Ranges: 4
Interior Features
- Appliances: Water Heater – Heat Pump, Water Heater – Off Boiler, Water Heater – Oil
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Apartments, Concrete Floor, Finished, Walkout
- Flooring: Hardwood, Laminate, Tile, Vinyl
- Heat Fuel: Oil, Pellet
- Heating: Alternative Heat Stove, Baseboard, Heat Pump, Radiant Floor
- Cooling: Mini Split
- Total Refrigerators: 4
- Total Rooms Above Ground: 15
- Total Stories: 2.5
- Total Water Heaters: 2
Multi Family
Income & Expenses Information
- Gross Income: $57,895.00
- Net Income: $23,367.00
- Operating Expense Incl: Heat, Maintenance, Other, Snow Removal, Trash, Utilities, Water/Sewer
- Operating Expense: $34,528
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 1
- Total 2 BR Units: 2
- Total 3+ BR Units: 1
- Total Heat Units: 2
Unit Information
Unit 1
- Unit 1 Style: Studio
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 1
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: Walkout B
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 950.0
- Unit 1 Rooms: 3
- Unit 1 Rental Amount: $1,300.00
- Unit 1 Info: Dishwasher, Dryer, Heat Included, Range - Electric, Refrigerator, Washer
Unit 2
- Unit 2 Lease Term: Month to Month
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Leased
- Unit 2 Level Number: Walkout B
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 1000.0
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,495.00
- Unit 2 Info: Dryer, Heat Included, Range - Electric, Refrigerator, Washer
Unit 3
- Unit 3 Lease Term: Other
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Other
- Unit 3 Style: Short Term Rental Unit
- Unit 3 Apx Sqft: 1042.0
- Unit 3 Bedrooms: 2
- Unit 3 Info: Dishwasher, Dryer, Heat Included, Range - Electric, Refrigerator, Washer
Unit 4
- Unit 4 Lease Term: Owner Occupied
- Unit 4 Level Number: 1 & 2
- Unit 4 Rooms: 11
- Unit 4 Baths: 4
- Unit 4 Apx Sqft: 3600.0
- Unit 4 Bedrooms: 3
- Unit 4 Status: Owner Occupied
- Unit 4 Info: Ceiling Fan, Deck, Dishwasher, Dryer, Heat Included, Kitchen Island, Primary BR w/ BA, Microwave, Oven - Wall, Porch, Refrigerator, Washer, Water Heater
Rental
Rent Information
- Total Leases: 2
Property History for 29 Campbell Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 29 Campbell Road
Taxable ValueLand$45,300Additions$353,700Total$399,000
Tax Record2022$11,902 ($992 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt4,475 SqFtAbove Grade Finished SqFt4,475 SqFtUnfinished Basement SqFt542 SqFtStories2Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built2003ZoningGRCountyORLEANSAPN(136) 121002
Schools near 29 Campbell Road
This home is within North Country Senior Union High School District #22.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Jim Campbell Real Estate
Copyright 2024 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 05/11/2024 02:11 AM
