NOT LISTED FOR SALE

12 3rd St Newport, VT 05855

14 Beds
8 Baths
11,985 Sq Ft
0.86 Acres

Last Sold February 01, 2012

Last sale price $150,000 $13 Per Sq Ft

74 Days on Market

Highlights

  • 0.86 Acre Lot
  • Outdoor Storage
  • Level Lot
  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • 3-minute walk to Newport Parks & Recreation

About This Home

As of February 2012

Two separate buildings that make up a 10 unit apartment building. 9 units are rental units & 1 being commercial. Front building has 7 units (1 being commercial)& has own boiler system, back building has 3 units & has own separate heating system. Fully rented at present time. Present owner has done many updates and repairs. Conveniently located w/ store frontage.

Last Agent to Sell the Property

Tina Leblond

Big Bear Real Estate License #081.0002638 Listed on: 10/14/2011

Last Buyer's Agent

Tina Leblond

Big Bear Real Estate License #081.0002638 Listed on: 10/14/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.86 Acre Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Clap Board Siding

Interior Spaces

  • 8 Full Bathrooms
  • 4-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Paved Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • 10 Units
  • Gross Income $79,200

Listing and Financial Details

  • Rent includes ground maintenance, landscaping, plowing, snow removal, trash, water
  • Tax Lot Yes

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: On Main Street, go to 4 Corners by Family Dollar, take first left, property on the right. Look for signage. Claude's TV is part of building.
  • Construction: Existing
  • Total Stories: 4+
  • Price Per Sq Ft: 12.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 14521
  • Unit Info: Deck, Hot Water, Porch, Range - Electric, Refrigerator, Smoke Detector
  • Year Built: 1920
  • Remarks Public: Two separate buildings that make up a 10 unit apartment building. 9 units are rental units & 1 being commercial. Front building has 7 units (1 being commercial)& has own boiler system, back building has 3 units & has own separate heating system. Fully rented at present time. Present owner has done many updates and repairs. Conveniently located w/ store frontage.
  • List Agent: 22509
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Equipment: Smoke Detectr-Hard Wired, Sprinkler System
  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 11985
  • Sq Ft - Apx Finished BG: 2536

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel, Paved
  • Exterior: Clapboard
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Tar and Gravel
  • Features Exterior: Porch, Porch - Enclosed, Storage

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Community
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Steam
  • Trash: Dumpster
  • Utilities: Cable

Lot Info

  • Lot: Yes
  • Lot Sq Ft: 37462
  • Lot Acres: 0.86
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: Yes
  • Deed Book: 205
  • Deed Page: 133-135
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Ground Maintenance, Landscaping, Plowing, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 79200
  • Total Full Baths: 8
  • Total Units: 10
  • Total2 Bedroom Units: 7
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5734.48
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2012 02/01/12 Sold $150,000 -25.0% $13 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $199,900 -- $17 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4098922

PrimeMLS