- $749,000
- MLS#: 4990359
- 4
- # of Units
- 8,500
- Total Sq. Feet
- 1.05
- Acres
- $12,348
- Taxes
1 of 40
General Property Information
- Price:
- $749,000
- County:
- VT-Orleans
- Acres:
- 1.05
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Ryan Pronto
Jim Campbell Real Estate
4-unit multi-family home with a spacious 6500+ sq.ft to include the main home and 3 fully furnished income producing suites. Currently utilized as a single family home with approx. $58K annual rental revenue from the 3 suites and potential for much higher revenue by leasing out the main home. 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. This would be ideal for a large multi-generational household, in-law suites, home offices and/or B&B potential. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. Great deal to offer for the price!
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 2002
- Parking:
- Road Frontage:
- 220
- Acres:1.05
- Gross Income:
- 57,895
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 1
- Sq Ft (Above Ground):
- 6564
- Sq Ft (Below Ground):
- 1936
- Total Sq Ft:
- 8500
- Land Description:City Lot,Lake View,Landscaped,Mountain View,Water View
- Elementary School:
- Newport City Elementary
- Middle School:
- North Country Junior High
- High School:
- North Country Union High Sch
- Financing Details:
- Documents Available:
- Deed,Other,Property Disclosure,Tax Map,Town Permit
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 950
- Floor:
- Walkout B
- Unit Style:
- Studio
- Monthly Rent:
- 1300.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 1000
- Floor:
- Walkout B
- Unit Style:
- Monthly Rent:
- 1495.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 1042
- Floor:
- 2
- Unit Style:
- Short Term Rental Unit
- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
- 11
- #Bedrooms:
- 3
- #Baths:
- 4
- Sq. Ft.:
- 3600
- Floor:
- 1 & 2
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2024-04-05
- Last Updated:
- 2024-07-12 15:31:50
