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$180,000
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Property Description
Well maintained and 3-unit investment property. Two units are leased with long term tenants on month to month leases and Unit #2 with 3 bedrooms is vacant for a new owner to occupy or easily lease out. 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.
Full Property Details
Full Property Details for 52 W Main St
General
- Sold For: $180,000
- Taxes: $2,411 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5020705
- Added to Site: 451 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit3=Month to Month,
Interior
- Flooring: Laminate, Other
Exterior
- Exterior Features: Balcony, Window Screens, Windows - Double Pane
Parking
- Parking: Driveway, On-Site, Parking Spaces 6+
Location
- County: Orleans
- Driving Directions: From Main Street Newport, continue West to the three-way intersection with West Main St. & Lake Road. Straight onto West Main and this is the first property on the right.
School Information
- School District: Orleans Essex North
- Elementary School: Newport City Elementary
- Middle School: North Country Junior High
- High School: North Country Union High Sch
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Oil, Forced Air, Gas Heater - Vented, Hot Air, Individual
- Furnaces: 3
- Water Heaters: 2
Utilities
- Sewer: Public
- Trash: Owner
- Separate Meters: Varies
- # Gas Meters: 1
- # Electric Meters: 3
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walkout
- Basement Desc.: Full, Unfinished, Walkout
- Roof: Metal, Shingle
- Stories/Levels: 2.5
- Finished Total: 2,008 Sq. Ft.
- Finished Above Grnd: 2,008 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 2
- 3 Bedroom Units: 1
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Level: 1&2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Frontage: Yes Road Frontage
- Frontage Feet: 75
- Driveway/Sidewalk: Gravel
- Zoning: Newport
Water Features
- Water View: Yes
- Water Front Type: Lake
- Water Front Name: Memphremagog Lake
Financial Considerations
- Price Per Sq. Ft.: $94.37
- Tax Amount: $2,411.08
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Deed, Lease Agreements, Other, Tax Map
- APN: 435-136-14921
Listed by Jim Campbell Real Estate, Ryan Pronto
Sold by Jim Campbell Real Estate, Ryan. Pronto
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Price & Sales History for 52 W Main St
Date
Details
Price
Change
Source
2/14/2025
Sold
$180,000
-5.01%
MLS
10/31/2024
Listed
$189,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
52 West Main Street, Newport City, VT 05855 (MLS# 5020705) is a Multi-Family property that was sold at $180,000 on February 14, 2025. Want to learn more about 52 West Main Street? Do you have questions about finding other Multi-Family real estate for sale in Newport City? You can browse all Newport City real estate or contact a Coldwell Banker agent to request more information.
