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$375,000 USD
152 Prospect Street
Newport City, Vermont 05855
USA
Newport City, Vermont 05855
USA
240.239 m2 ::
2,586 sqft
4 bedrooms
4 full baths
Residential For Sale, Other Residential
Land size: 0.077 ha ::
0.19 acres
Sale price per sqm: 1,560.89
Tax: 4,746.38 USD
Remarks:
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.
Features:
- Year Built: 1885
- Property Features: Basement, Garage
- Heating System: Baseboard
- Roofing: Metal
- Number of parking spaces: 2
- Rent includes: Hot Water
Location:
152 Prospect Street, Newport City, Vermont 05855, USA
Listed By CENTURY 21 Farm & Forest
The Residential For Sale, Other Residential located at 152 Prospect Street, Newport City, Vermont 05855, USA is currently for sale. 152 Prospect Street, Newport City, Vermont 05855, USA is listed for $375,000 USD. This property has 4 bedrooms, 4 full baths and 2,586 sqft. If the property located at 152 Prospect Street, Newport City, Vermont 05855, USA isn't what you're looking for, search Vermont Real Estate to see other Homes For Sale in Newport City.