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.
Closed
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
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#: 5024158

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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