Newport City, VT | 29 Campbell Road

$749,000
MLS#: 4990242
8500
SQ. Feet
1.05
Acres
7
Baths
3
Bedrooms
1 of 40

General Property Information

Property Status:
Active
Price:
$749, 000
Assessed:
$0
Assessed Year:
County:
VT-Orleans
Acres:
1.05
Property Type:
Single Family
Year Built:
2002
Agency/Brokerage:
Ryan Pronto
Jim Campbell Real Estate
Bedrooms:
3
Total Baths:
7
Sq. Ft. (Total):
8500
Tax Year:
2024
Taxes:
$12, 348
Association Fees:

Spacious property with 6500+ sq.ft. and 4 units total; to include the main home and 3 fully furnished income producing suites. 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 annual rental revenue from the 3 suites and/or potential for much higher revenue by leasing the main home. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters feature nearly 3600sq.ft 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 w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 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. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Great deal to offer for the price!

Interior Features

# Of Stories:
2.5
Sq. Ft. (Total):
8500
Sq. Ft. (Above Ground):
6564
Sq. Ft. (Below Ground):
1936
Sq. Ft. Unfinished:
923
Rooms:
18
Bedrooms:
3
Baths:
7
Interior Desc:
Attic - Hatch/Skuttle, Cathedral Ceiling, Ceiling Fan, Dining Area, Furnished, In-Law Suite, Kitchen Island, Kitchen/Dining, Primary BR w/ BA, Other, Wet Bar, Laundry - 1st Floor
Appliances Included:
Dishwasher, Dryer, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater - Off Boiler, Water Heater - Oil, Cooktop - Induction, Water Heater - Heat Pump
Flooring:
Hardwood, Laminate, Tile, Vinyl
Heating Cooling Fuel:
Oil, Pellet
Water Heater:
Basement Desc:
Apartments, Concrete Floor, Finished, Walkout

Exterior Features

Style of Residence:
Contemporary, Multi-Family, Tri-Level, Walkout Lower Level
House Color:
Tan
Time Share:
No
Resort:
No
Exterior Desc:
Exterior Details:
Balcony, Deck, Garden Space, Gazebo, Natural Shade, Other, Outbuilding, Patio, Porch - Covered, Shed, Storage, Windows - Double Pane
Amenities/Services:
Land Desc.:
City Lot, Lake View, Landscaped, Mountain View, Water View
Suitable Land Usage:
Bed and Breakfast, Mixed Use, Other, Residential
Roof Desc.:
Shingle - Architectural
Driveway Desc.:
Paved
Foundation Desc.:
Concrete
Sewer Desc.:
1500+ Gallon, Concrete, Leach Field, Leach Field - Conventionl, Septic
Garage/Parking:
Yes
Garage Spaces:
3
Road Frontage:
220

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-04-04
Last Updated:
2024-07-12 15:36:26

Stowe Office

Sherry Wilson

(P) 802.253.9771
(F) 802.253.9993
email

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