Well maintained and fully leased 3-unit investment property. All units are fully leased with long term tenants on month to month leases. Separate utilities with tenants paying their own electric and heat expenses (unit #3 landlord pays heat). Landlord pays water/sewer, real estate taxes, mowing, plowing, rubbish and maintenance. Numerous updates over the past two years include a fully remodeled unit #3, foundation repairs, balcony, electrical & plumbing updates, painting and more. Vinyl windows, well cared for interiors, kitchen appliances included in each unit, 3 separate heating systems, public water/sewer and plenty of onsite parking. This is a turnkey and profitable investment property with great tenants.
The median home value in Newport City, VT is $225,000. The national median home value is $338,100. The average price of homes sold in Newport City, VT is $225,000. Newport City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport City real estate agent to arrange a tour today!
Newport City, Vermont has a population of 2,223.
The median household income in Newport City, Vermont is $52,283. The median household income for the surrounding county is $58,037 compared to the national median of $69,021. The median age of people living in Newport City is 47.2 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 1.1 degrees. The average rainfall is approximately 42.3 inches per year, with 100.6 inches of snow per year.