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Courtesy of Lyell Reed of Century 21 Farm & Forest: .

103 Vance Hill Road

Newport Town, VT 05857
  • $200,000
  • STATUS: Closed
  • ON SITE: 278 Days
  • MLS #: 4969429
Sold - 11/29/2023
$200,000
SOLD - 11/29/2023
  • 3
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,472
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Description

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.

Sold by Big Bear Real Estate.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T00:06:46.23.
www.livingvermont.com/homes/143277702
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103 Vance Hill Road Newport Town, VT 05857

  • Price: $220,000
  • Status: Closed
  • On Site: 278 Days
  • Updated: 238 min ago
  • MLS #: 4969429
3
Beds
3
Baths
0
½ Baths
0.12
Acres
2,472
SQFT
$0
$/SQFT
1925
Built
County:
Orleans
Area:
Newport Town
Elementary School:
Newport Center Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
School District:
North Country Supervisory Union
Property Description
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.
Exterior Features

Area Description In TownNear SkiingNear Snowmobile TrailsVillageNear ATV Trail Color Yellow Construction Wood Frame Driveway DirtGravel Exterior Vinyl Siding Has Garage No Lot Description City LotTrail/Near Trail Parking AssignedDrivewayOn-SiteParking Spaces 4 Road Frontage Yes Road Frontage Length 50 Roads PavedPublic Roof Shingle - Asphalt Style Apartment Building

Interior Features

Basement Access Type Walkout Basement Description ConcreteConcrete FloorFullStairs - ExteriorUnfinished Cooling None Foundation BlockConcretePoured Concrete Has Basement Yes Heating Forced AirGas HeaterGas Heater - VentedHot Air Total Heated Units 3 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 3 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Water Heater ElectricOwnedTank

Property Features

Construction Status Existing Easements No Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 2170 Heat Fuel Gas - LP/Bottle Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 2185 Tax Year 2023 Taxes Tbd No Total Electric Meters 3 Total Leases 3 Total1 Bed Units 3 Total2 Bed Units 0 Total3 Plus Bed Units 0 Unit1 Info Appliances IncludedCeiling FanHeat - GasLaundry HookupPorch Unit1 Rental Amount 795 Unit1 Tenant Pays All UtilitiesElectricHeatHot WaterInternet Service Unit2 Info Appliances IncludedHeat - GasLaundry HookupPorch Unit2 Rental Amount 700 Unit2 Tenant Pays All UtilitiesElectricHeatHot WaterInternet Service Unit3 Info Appliances IncludedHeat - GasLaundry HookupPorch Unit3 Rental Amount 675 Unit3 Tenant Pays All UtilitiesElectricHeatInternet Service Utilities Cable - AvailableDSL - AvailableGas - LP/BottleGas - On-SiteHigh Speed Intrnt -AtSiteInternet - Cable Water Public Zoning yes

Courtesy of Lyell Reed of Century 21 Farm & Forest: .


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T00:06:46.23.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446