29 Campbell Road
Newport City, VT 05855
Square Ft.
8,500
$750,000
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… Read More 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. Read Less
Courtesy of Ryan Pronto, Jim Campbell Real Estate 802-334-3400
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
8,500
Lot Size
1.05 Acres
Year Built
2002
MLS Number
5082522
Additional Details
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Interior, Basement: Yes, Apartment(s), Concrete Floor, Finished, Walkout
Cooling
Mini Split
Floors
Hardwood, Laminate, Tile, Vinyl
Garage
Garage Capacity: 3, Garage: Yes
Water Features
Water Body Type: Lake
Heating
Oil, Pellet Stove, Alternative Heat Stove, Baseboard, Heat Pump, Radiant Floor
Income
Gross Income: 91975, Net Income: 22971
Lot
1.05 acres, 45,738 sqft
Parking
Driveway: Paved
Property
Seasonal: No, 6,564 finished sqft above grade, 1,936 finished sqft below grade, 8,500 total finished sqft, 9,423 total sqft, 598 unfinished sqft above grade, 325 unfinished sqft below grade, 1 three-bedroom unit, 2 stories, 4 units, Built in 2002
Roof
Architectural Shingle
Sewer
Metered, Public
Taxes
Gross Amount: $15,056
Unit One
3600 sqft, 4 bathrooms, Lease Term: Other, Rooms: 11, Style: Short Term Rental Unit, Ceiling Fan, Deck, Dishwasher, Dryer, Heat Included, Kitchen Island, Primary BR w/ BA, Microwave, Wall Oven, Porch, Refrigerator, Washer, Water Heater
Unit Two
1042 sqft, 1 bathroom, Rooms: 4, Style: Short Term Rental Unit, Dishwasher, Dryer, Heat Included, Electric Range, Refrigerator, Washer
Unit Three
950 sqft, 1 bathroom, Rental Amount: 1400, Rental Amt Freq: Monthly, Rooms: 3, Status: Leased, Style: Studio, Dishwasher, Dryer, Heat Included, Electric Range, Refrigerator, Washer
Unit Four
1000 sqft, 1 bathroom, Lease Term: Month to Month, Rental Amount: 1750, Rental Amt Freq: Monthly, Rooms: 4, Status: Leased, Dryer, Heat Included, Electric Range, Refrigerator, Washer
Utilities
Electric Company: VT Electric Co-Op, Separate Utilities: No, Total Electric Meters: 1, 200+ Amp Service, Circuit Breaker(s), Generator
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Nikolas Amicone
Owner | Broker | Attorney
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
~NikolasPlease Select Date
Please Select Type
Similar Listings
No listings found.
Copyright © PrimeMLS, Inc. All Rights Reserved.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .
Data last updated .

Confirm your time
Fill in your details and we will contact you to confirm a time.
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.