This is an opportunity to own and operate your own 4 unit apartment complex. Built in 2003 by a top local builder this building will generate a very good return on investment. It has been well maintained and has up to date CO2/smoke detectors and more. Good rental history and very efficient. Unit A is handicapped accessible with modified kitchen and bathroom areas.
Within walking distance to amenities and Lake Memphremagog. This property has victorian charm with spacious rooms, beautiful natural woodwork and hardwood floors. The 2 units combined have 6 bedrooms and 2 1/4 baths. Was previously a single family home and could easily be converted back, or keep as duplex. It is currently set up as a PROFITABLE shared accommodation and is being sold mostly furnished for convenience, if desired. Tenants rent a private bedroom and share the living areas and baths, perfect opportunity for Air B&B hosting. Owner has record of rental income and annual expenses, further details will be provided to serious inquiries. With the development of downtown Newport, this would be a great investment opportunity.
Looking to invest? Here's a duplex with great rental income. Located near the downtown area of Newport this multi-family property is a great opportunity. Within walking distance to the bank, store or bus-stop, etc. Newport's downtown area is being revitalized by Jay Peak with a marina hotel, along with residential and commercial investments and you do not want to be the last person on the boat. Get involved and consider owning rental property in Newport now. Property is right across the street from the Clyde river; ideal for fishing, river drifting or kayaking. Both apartments have 2 bedrooms. Deck space and a private back yard for grilling or entertaining. On a quiet, residential street.