29 Campbell Road, Newport City, VT 05855

$975,000 Asking Price

3 beds
7 baths
9,423  sqft
Built in 2002

Spacious home with 6500+ sq.ft. of living space and three fully furnished income producing suites. This is a unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters features nearly 3600sq.ft of finished living area with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft with 2 guest rooms, and Suite C (above the garage) offers 1042sq.ft with 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K in annual rental revenue from the 3 suites. Additional features include newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green and more. Great deal to offer for the price and is a must see!


Features & Amenities

Interior

General:
Attic - Hatch/Skuttle,Cathedral Ceiling,Ceiling Fan,Dining Area,Furnished,In-Law Suite,Kitchen Island,Kitchen/Dining,Primary BR w/ BA,Other,Wet Bar,Laundry - 1st Floor
Appliances:
Dishwasher,Dryer,Microwave,Oven - Wall,Refrigerator,Washer,Water Heater - Off Boiler,Water Heater - Oil,Cooktop - Induction,Water Heater - Heat Pump
Basement:
Apartments,Concrete Floor,Finished,Walkout
Flooring:
Hardwood,Laminate,Tile,Vinyl
A/C:
Mini Split
Heating:
Alternative Heat Stove,Baseboard,Heat Pump,Radiant Floor, Oil,Pellet
Disability Feature:
1st Floor Bedroom,1st Floor Full Bathroom,Hard Surface Flooring,Paved Parking,1st Floor Laundry

Exterior

General:
Balcony,Deck,Garden Space,Gazebo,Natural Shade,Other,Outbuilding,Patio,Porch - Covered,Shed,Storage,Windows - Double Pane
Parking:
Auto Open,Driveway,Garage,Attached

Construction

Roofing:
Shingle - Architectural
General:
2, Concrete

Location

Road/Access:
Public
School District:
Orleans Essex North
County:
VT-Orleans

Lot

Driveway:
Paved
Zoning:
GR

Utilities

Utilities:
Cable - At Site,Gas - On-Site,Telephone At Site
Sewer:
1500+ Gallon,Concrete,Leach Field,Leach Field - Conventionl,Septic

This listing courtesy of:
Jim Campbell Real Estate, Ryan Pronto

About Newport, VT

Housing

Number of Units
4,071
Median Home Value
$160,160
Median Rent
$674

32.18% of housing units are renter occupied.

16.58% are vacant.

Commute

Car
87.52%
Public Transportation
0.44%
Walk to Work
3.52%
Work from Home
7.62%
Other
0.80%

The median travel time to work is 18 minutes.

People

Population
7,848
Median Age
43.90
Median Household Size
2.42

Education

High School
41.05%
Associate’s Degree
10.16%
Bachelor’s Degree
13.80%
Graduate Degree
8.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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