Newport VT Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,008
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 5020705
ADDITIONAL INFORMATION
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.
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Newport Real Estate
The median home value in Newport, VT is $203,300. This is lower than the county median home value of $245,100. The national median home value is $338,100. The average price of homes sold in Newport, VT is $203,300. Approximately 47.53% of Newport homes are owned, compared to 33.09% rented, while 19.38% are vacant. Newport 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 real estate agent to arrange a tour today!
Newport, Vermont 05855 has a population of 4,446. Newport 05855 is more family-centric than the surrounding county with 28.69% of the households containing married families with children. The county average for households married with children is 26.28%.
The median household income in Newport, Vermont 05855 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 05855 is 47.2 years.
Newport Weather
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.