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35 Spring Street, Newport City, VT 05855

$249,000
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Active Under Contract
BEDS3 BATHS2 full SQUARE FEET2,046 MLS#5073702
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple SCHOOLNorth Country Supervisory Union

Listing Courtesy of: Jim Campbell Real Estate
Agency Phone: 802-334-3400
Associate Name: Craig Crawford
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Property Description

Income opportunity is knocking! Come see for yourself the opportunities that await at this 2-unit investment property on a spacious .24 acre lot in Newport City. Tons of renovations have been completed by current owners since purchasing the property in 2014 to include; new electrical with hardwired smoke/carbon detectors providing each unit with separate panels, new plumbing with W/D hookups, hot air heating system for the first floor unit and 2 gas vented Rinnai units in the 2nd floor unit, spray foam insulation in the basement and crawl space, updated kitchens, baths and appliances, fire rated sheetrock, new flooring and refinished hardwood in the first floor unit. Additional features include a metal roof, vinyl siding, paved driveway and much much more. The first floor unit consists of a fully applianced kitchen, large living/dining area with hardwood flooring and several windows allowing for plenty of natural light, 2 bedrooms and a 3/4 bathroom. The second story unit offers another fully applianced kitchen, living area, bedroom and 3/4 bathroom. The first floor unit currently rents for $950.00 while the 2nd story rents for $850.00 w/ owner paying for heat, trash, lawn care and W/S for both units. Come take a look today for yourself and see all this property has to offer. Seller is willing to pay to convert the property back to a single family residence for qualified purchasers. For financing details, please see attached documentation.

35 Spring Street | MLS# 5073702

This multi-family property located at 35 Spring Street, Newport City, VT 05855 is currently listed for sale with an asking price of $249,000. Spring Street is located within the North Country Supervisory Union school district. Search Newport City real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Insulated, Unfinished
Basement: Yes
Cooling: None
Heating: Direct Vent, Gas Heater, Vented Gas Heater,2 Stoves
Home Style: A Frame, Duplex
Lot Size: 0.24 Acres
Roof Type: Metal
Stories: 1.7
Taxes: $2,635
Year Built: 1900

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $950.00
Square Footage: 1193
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $850.00
Square Footage: 853

Amenities

Deck
Covered Porch

Feature Descriptions

Color: Beige
Construction: Wood Frame, Vinyl Exterior, Vinyl Siding
Construction Status: Existing
Days on Site: 62
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Exterior, Vinyl Siding
Flood Zone: No
Flooring: Carpet, Hardwood, Laminate, Vinyl
Foundation: Concrete
Foundation: Concrete
Lot: Level, In Town
Roads: Paved, Public, Public Maintained Road
Sewer: Public
Sq. Ft. Above Grade Finished: 2046
Sq. Ft. Below Grade Unfinished: 599
Sq. Ft. Total Finished: 2046
Total Stories: 1.75
Units: 2
Water: Public
Water Access: No
Water View: No
Zoning: Yes - Newport City

Local Schools

High School: North Country Union High Sch
Middle School: North Country Junior High
Elementary School: Derby Elementary
School District: North Country Supervisory Union

Listed By / Shown By

Listed By

Agency Name: Jim Campbell Real Estate
Agency Phone: 802-334-3400
Agent Name: Craig Crawford

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Estimated Payment

$ 846.37 per month $554.17 Principal & Interest $219.58 Property Tax $72.63 Homeowner's Insurance

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