Price Reduced 3.33%
Listing courtesy of Ryan Pronto, Jim Campbell Real Estate 802-334-3400
Price History
$750,000
4/8/2026
$725,000
5/22/2026
29 Campbell Road, Newport City, VT, 05855
22 rooms
0 beds
2002
Contemporary, Multi-Family, Tri-Level, Walkout Lower Level
8,500 sqft
Rare opportunity—own a turn-key ready and fully furnished 4-unit multi-family residence with lake views in Newport, Vermont. This exceptional property generates approx. $91K in annual rental income, with flexibility to occupy one unit. The primary living area spans nearly 3,600 sq. ft. across two levels, featuring 3 generous bedrooms and 3.5 bathrooms, each thoughtfully designed for privacy and convenience. Highlights include cathedral ceilings, a dedicated office area, direct access from the heated 3-bay garage, and seamless entry to a spacious deck and gazebo. Suite 2 is positioned above the garage and offers wood vaulted ceilings, a private balcony, and two guest rooms. Suite 3 is a well-appointed studio with one guest room, while Suite 4 includes two guest rooms. All units provide private laundry and secure separation, with the option to combine spaces for expanded living if desired. Documented financials are available. Suites 3 and 4 have a history of long-term occupancy, while Suite 2 and the main residence have consistent short-term rental performance. Additional amenities include radiant floor heating, mini-split cooling systems, whole-house generator, supplemental heating source, storage space, pavilion, and a putting green. Conveniently located just minutes from downtown amenities, dining, and shopping, this versatile property is well-suited for investment, multi-generational living, or potential hospitality use.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
GR
Frontage:
220
Garage:
3-car Garage
Heating:
Oil, Pellet Stove, Alternative Heat Stove, Baseboard, Heat Pump, Radiant Floor
Cooling:
Mini Split
Basement:
Apartment(s), Concrete Floor, Finished, Walkout
Parking:
Auto Open, Driveway, Garage, Attached
Acreage:
1.05
Est. Taxes:
$15,056
Lot Description:
City Lot,Lake View,Landscaped,Mountain View,Other,Water View,In Town,Near Golf Course,Near Paths,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Hospital
Elementary School:
Newport City Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
School District:
Orleans Essex North
MLS #:
5082522