Price Reduced 3.33%

$725,000 ($85.29 per sqft)

Est. Mortgage $3,524/mo *

Quick Pre-Approval

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

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


Community Info

School Info

Walk Score

Mass Transit

Yelp