Income opportunity is knocking! Come see for yourself the opportunities that await at this 2-unit investment property on a spacious .24 acre lot in Newport City. Tons of renovations have been completed by current owners since purchasing the property in 2014 to include; new electrical with hardwired smoke/carbon detectors providing each unit with separate panels, new plumbing with W/D hookups, hot air heating system for the first floor unit and 2 gas vented Rinnai units in the 2nd floor unit, spray foam insulation in the basement and crawl space, updated kitchens, baths and appliances, fire rated sheetrock, new flooring and refinished hardwood in the first floor unit. Additional features include a metal roof, vinyl siding, paved driveway and much much more. The first floor unit consists of a fully applianced kitchen, large living/dining area with hardwood flooring and several windows allowing for plenty of natural light, 2 bedrooms and a 3/4 bathroom. The second story unit offers another fully applianced kitchen, living area, bedroom and 3/4 bathroom. The first floor unit currently rents for $950.00 while the 2nd story rents for $850.00 w/ owner paying for heat, trash, lawn care and W/S for both units. Come take a look today for yourself and see all this property has to offer. For financing details, please see attached documentation.
Donâ??t miss this exceptional duplex offering versatility for both investors and owner-occupants. Step through the covered front porch into Unit 1, located on the main level, featuring a spacious kitchen with plenty of cabinet space, a welcoming dining area, three generous bedrooms, a full bath, and a convenient 1/2 bath. A separate side entrance leads to Unit 2 on the upper level, which includes a well-equipped kitchen, dining area, three ample bedrooms, and a beautifully finished bonus roomâ??perfect for a home office, playroom, or expanded living space. Additional features include a one-bay garage, and a large covered platform beside the garage ideal for storage, outdoor seating, or a cozy outdoor area to enjoy your morning coffee or unwind at the end of the day. The property sits on a nice lot with room for gardening, outdoor activities, or future enhancements. Conveniently located just minutes from North Country Hospital, local restaurants, shops, schools, and I-91, this duplex offers both comfort and investment potential. Whether you choose to live in one unit and rent the other or add this gem to your investment portfolio, this property provides a rare opportunity to enjoy the best of small-town living in the heart of Newport, Vermont.
Income opportunity--This split-level duplex located in Newport City has easy access to most all downtown amenities. Both long term tenants share the driveway and parking area. This property offers low maintenance vinyl siding and steel roof, covered porch and a back deck. 1st floor apartment offers kitchen/dining, full bath and a large bedroom with a fireplace. Also has access to basement for laundry hookups. 2nd floor apartment offers kitchen, dining and living rooms, 2 bedrooms, Laundy hookups and 1.5 baths. Both apartments are very spacious. This property also offers a one car garage and a small back yard.
Newport City is located in Vermont. 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.