Remarks

Here’s an excellent opportunity for investors in downtown Newport. These 3-story multi-family properties include a total of 12 rental units with a mix of 1 and 2-bedroom apartments. The highly desirable location is close to all town amenities like shopping, dining, and entertainment, as well as schools, the post office, Goodrich Memorial Library, Lake Memphremagog, the recreation path, Pomerleau Park, and Gardner Park. Tenants pay for electric, cable, and internet, and they have use of an on-site laundry facility. The landlord covers heat, landscaping, and snow and trash removal. Long-term rental properties are in high demand, so if you’re ready, this could be the perfect property to start with.

Details

MLS#: 4984475
Price: $1,068,000

Year Built: 1880

County: Orleans
Lot Size: 9583
Tax Fee: 12361.56