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  • Listed by: 

    Constance Isabelle,

    Century 21 Farm & Forest 802-334-1200

    $365,000

    152 Prospect Street, Newport City, VT 05855

    4beds
    2,586sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $369,400 Zestimate®
    $141/sqft
    $-- HOA

    What's special

    This beautiful property has a revenue potential of $20,000-$40,000 annually, depending on the number of units available for rental. The owner is a superhost on Airbnb with a 4.7 rating. The owner lives in one of the units and rents out the others. The property is already booked into 2025. All that is missing from this beautiful property is an outside paint job, for which the seller is willing to discount the property by $10,000. This property is an exceptional investment opportunity with upscale extended-stay suites in a small Vermont city. This unique property perfectly fills a high-demand niche for quality, short-term accommodations. The property consists of four rental units. Each rental unit (except the owner's suite) comes fully furnished, providing a turnkey solution for tenants and offering modern amenities in a vintage setting. This property is located within easy reach of key local amenities and beautiful Lake Memphremagog. The building features a shared washer/dryer in the basement and a washer/dryer in the owner's unit for added convenience. This property is currently leased to essential workers. The building has been completely renovated to meet today's needs while maintaining the charming vintage feel that adds character and appeal. This is a fantastic opportunity to have rental income support your lifestyle, whether you're looking for a stable business venture or a unique way to live in one unit and have other units produce income to offset living cost.

    Zillow last checked: 7 hours ago

    Listing updated: February 26, 2025 at 04:02am

    Listed by:

    Constance Isabelle,

    Century 21 Farm & Forest 802-334-1200

    Bought with:

    Sera Hyjek

    Blue Slate Realty

    Source: PrimeMLS,MLS#: 5024158MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Hot Water, Zoned
    Cooling
    • Individual
    Features
    • Basement: Daylight,Full,Storage Space,Unfinished,Walk-Out Access
    Interior area
    • Total structure area: 3,675
    • Total interior livable area: 2,586 sqft
    • Finished area above ground: 2,586

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Paved
    • Garage spaces: 2
    Features
    • Levels: 2.5
    • Frontage length: Road frontage: 100
    Lot
    • Size: 8,276 sqft
    • Features: City Lot, Sidewalks, Street Lights, In Town, Near Shopping, Near Hospital, Near School(s)
    Details
    • Parcel number: 43513614274
    • Zoning description: UR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Concrete, Granite, Stone
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1885

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Other, High Speed Intrnt -AtSite

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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