152 Prospect Street
Newport, VT 05855
$375,000
Price
4
Beds
4
Baths
2,586 Sq. Ft.
$145 / Sq. Ft.
2,586
Sq. Ft.
$145
per Sq. Ft.
Description
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...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.
- Listed by Constance Isabelle • Century 21 Farm & Forest
Property Details for 152 Prospect Street
Zoning
UR
LISTING UPDATED: 12/12/2024 06:12 PM
Property Details for 152 Prospect Street
| Status | Active |
|---|---|
| MLS # | 5024158 |
| Days on Market | 8 |
| Taxes | $4,746 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1885 |
| Lot Size | 0.19 AC / 8,276 SF |
| County | Orleans County |
Building Information for 152 Prospect Street
Stories2Residences4Year Built1885Building Size-Lot Size0.19 AC / 8,276 SF
Property Information for 152 Prospect Street
Summary
Location and General Information
- City: Newport City
- County: VT-Orleans
- Directions: From Main St. in Newport City, turn left onto Third St. and right onto Prospect. The fifth house on the right.
- Latitude: 44.932739618674717
- Longitude: -72.211969093254083
- Road Frontage: Yes
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05855
Taxes and HOA Information
- SPAN Number: 435-136-14274
- Tax Year: 2024
- Taxes TBD: No
School Information
- School - High: North Country Union High Sch
- School - Elementary: Newport City Elementary
- School - Middle/Jr: North Country Junior High
Parking
- Garage: Yes
- Garage Capacity: 2.00
- Driveway: Gravel, Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/152-Prospect-Street-Newport-City-VT-05855/unbranded
Property
Lot Information
- Lot - Sqft: 8276.0
- Lot Features: City Lot, Sidewalks, Street Lights, In Town, Near Shopping, Near Hospital, Near School(s)
- Lot Size Acres: 0.19
- Road Frontage Length: 100.0
- Square Feet Apx Finished Above Grade: 2586.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 3675.0
- Square Feet Apx Total Finished: 2586.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 1089.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: Unknown
- Foundation: Concrete, Granite, Stone
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1885
Utilities
- Electric Company: Vermont Coop
- Cable Company: Xfinity Comcast
- Electric: 200 Amp, Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable, Other
- Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
- Color: white
- Construction Materials: Wood Frame, Wood Siding
- Roof: Metal
Interior Features
- Basement: Yes
- Basement Access Type: Walkout
- Basement Description: Daylight, Full, Storage Space, Unfinished
- Total Full Baths: 4
- Heating: Baseboard, Hot Water, Multi Zone
- Cooling: Individual
- Total Stories: 2.5
- Trash: Private
Multi Family
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 4
- Total 2 BR Units: 0
- Total 3+ BR Units: 0
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 1
- Unit 1 Level Number: 2
- Unit 1 Apx Sqft: 639.0
- Unit 1 Rooms: 3
- Unit 1 Info: Appliances Included, Heat Included
Unit 2
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Level Number: 1
- Unit 2 Apx Sqft: 771.0
- Unit 2 Bedrooms: 1
- Unit 2 Info: Appliances Included, Furnished, Heat Included
Unit 3
- Unit 3 Baths: 1
- Unit 3 Rooms: 3
- Unit 3 Level Number: 2
- Unit 3 Apx Sqft: 361.0
- Unit 3 Bedrooms: 1
Unit 4
- Unit 4 Level Number: 2
- Unit 4 Rooms: 2
- Unit 4 Baths: 1
- Unit 4 Apx Sqft: 373.0
- Unit 4 Bedrooms: 1
- Unit 4 Info: Appliances Included, Furnished, Heat Included
Property History for 152 Prospect Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 152 Prospect Street
Taxable ValueLand$18,900Additions$118,900Total$137,800
Tax Record2022$4,111 ($343 / month)
Home Facts
Baths2.5Total Finished SqFt2,586 SqFtAbove Grade Finished SqFt2,586 SqFtStories2Lot Size8,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningURCountyORLEANSAPN(136) 133157
Schools near 152 Prospect Street
This home is within North Country Senior Union High School District #22.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Newport City Elementary School PublicPK to 6 | ||
North Country Junior Uhsd #22 Public7 to 8 | ||
North Country Senior Uhsd #22 Public9 to 12 | ||
North Country Career Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Century 21 Farm & Forest
Copyright 2024 PrimeMLS, Inc. 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 12/18/2024 07:18 AM
