Investment opportunity!!! fully rented with yearly leases. Tenants pay heat and electric as well as internet etc. Excellent location for easy access to Newport City or Jay Peak Resort. Solid Investment Opportunity!!!! Tired of the ups and downs of the stock market? This is an alternative. Three 1 BR/1 BA units in this multi-family home that underwent substantial renovations just a few years ago. Property is in great condition and solid! Really great building with solid rental history; a sound investment! Could also be owner occupied with TWO rental incomes to support the mortgage! Great income and min overhead, great combination.
Closed
Listed by:
Lyell Reed,
Century 21 Farm & Forest 802-334-1200
Bought with: Big Bear Real Estate
$200,000
103 Vance Hill Road, Newport Town, VT 05857
3beds
2,472sqft
Multi Family
Built in 1925
-- sqft lot
$230,900 Zestimate®
$81/sqft
$1,438 Estimated rent
Home value
$230,900
$208,000 - $256,000
$1,438/mo
Zestimate® history
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$1,438/mo
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$1,126/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: November 30, 2023 at 12:53pm
Listed by:
Lyell Reed,
Century 21 Farm & Forest 802-334-1200
Bought with:
Tina Leblond
Big Bear Real Estate
Source: PrimeMLS,MLS#: 4969429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Propane, Forced Air, Gas Heater, Vented Gas Heater, Hot Air
Cooling
- None
Appliances
- Included: Electric Water Heater, Owned Water Heater, Tank Water Heater
Features
- Basement: Concrete,Concrete Floor,Full,Exterior Stairs,Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,836
- Total interior livable area: 2,472 sqft
- Finished area above ground: 2,472
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Dirt, Gravel, Assigned, Driveway, On Site, Parking Spaces 4
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Frontage length: Road frontage: 50
Lot
- Size: 5,227 sqft
- Features: City Lot, Trail/Near Trail, In Town, Near Skiing, Near Snowmobile Trails, Near ATV Trail
Details
- Zoning description: yes
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block, Concrete, Poured Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Propane, Gas On-Site
Community & neighborhood
Location
- Region: Newport Center
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2023 | Sold | $200,000-9.1%$81/sqft |
Source:  PrimeMLS #4969429 Report a problem | ||
| 9/11/2023 | Listed for sale | $220,000+36.2%$89/sqft |
Source: PrimeMLS #4969429 Report a problem | ||
| 1/17/2023 | Sold | $161,500-4.9%$65/sqft |
Source: PrimeMLS #4937244 Report a problem | ||
| 12/6/2022 | Contingent | $169,900$69/sqft |
Source: PrimeMLS #4937244 Report a problem | ||
| 11/17/2022 | Listed for sale | $169,900+31.7%$69/sqft |
Source: PrimeMLS #4937244 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 05857
Nearby schools
GreatSchools rating
- 4/10Newport Town SchoolGrades: PK-6Distance: 0.1 mi
- 5/10North Country Senior Uhsd #22Grades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Newport Center Elementary
- Middle: North Country Junior High
- High: North Country Union High Sch
- District: North Country Supervisory Union
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Vermont
- Orleans County
- Newport
- 05857
- 103 Vance Hill Road