$159,000

14 Fairview St Newport, VT 05855

Estimated payment $1,036/month

Total Views 12,387
3 Beds
2 Baths
1,712 Sq Ft
$93 Price per Sq Ft

Highlights

  • Lake View
  • Wood Flooring
  • Hot Water Heating System
  • Lake, Pond or Stream
  • Double Pane Windows
  • High Speed Internet

About This Home

Income-producing, split-level duplex conveniently located on the corner of Glen Rd and Fairview St. Unassigned tenant parking on-site for multiple vehicles, aluminum siding, and a newer metal roof offer low maintenance. Both units are currently occupied by long-term tenants - expenses included are heat, water/sewer, and trash (tenants pay electric). Serviced by public water/sewer, and a single, oil-fired, hot water/hot air system. This would make a great investment opportunity and is within walking distance to Main St/local amenities.

Listing Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 04/03/2025

Co-Listing Agent

Luke Sykes

Jim Campbell Real Estate License #082.0135074

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Corrugated Roof
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • Property has 1.75 Levels
  • Double Pane Windows
  • Window Screens
  • Lake Views
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Gravel Driveway
  • On-Street Parking
  • On-Site Parking
  • 1 to 5 Parking Spaces

Schools

  • Newport City Elementary School
  • North Country Junior High
  • North Country Union High Sch

Utilities

  • Hot Water Heating System
  • Separate Meters
  • High Speed Internet

Additional Features

  • Lake, Pond or Stream
  • City Lot

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $19,200
  • Net Operating Income $10,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,270

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Property is located on the corner of the Glen Rd. and Fairview St.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot, Lake View, Level, Street Lights, Near School(s)
  • Road Frontage Type: Paved, Public
  • Co List Office Mls Id: 4305-0
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 1712.0
  • Unit Levels: 1.75
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 1712
  • SqFt_Apx_Unfn_Above_Grade: 499
  • SqFt_Apx_Unfn_Below_Grade: 1074
  • Water_Body_Access: No
  • Water_Body_Type: Lake
  • Water_View: Yes
  • SqFt_Apx_Total: 3285
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Off Boiler, Water Heater – Oil
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Combination, Hardwood, Laminate
  • Basement: Concrete, Stairs - Interior, Sump Pump, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Window Screens, Windows - Double Pane
  • Roof: Corrugated, Metal
  • Easements: No
  • Water Body Name: Memphremagog Lake
  • Construction Type: Wood Frame, Aluminum Siding
  • Waterfront: No
  • Exclusions: First floor tenant owns all appliances.
  • Foundation Details: Block, Brick/Mortar, Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Site, On Street, Parking Spaces 3 - 5

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Oil, Hot Air, Hot Water
  • Cooling: None
  • Trash: Owner
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Newport City Elementary
  • High School: North Country Union High Sch
  • Middle Or Junior School: North Country Junior High

Lot Info

  • Surveyed: Unknown
  • Zoning: Newport City
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019.0

Multi Family

  • Gross Income: 19200.0
  • Number Of Units Total: 2
  • Net Operating Income: 10509.0
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2269.86

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,966 $65,900 $19,700 $46,200
2023 $1,966 $65,900 $19,700 $46,200
2022 $1,966 $65,900 $19,700 $46,200
2021 $2,007 $65,900 $19,700 $46,200
2020 $1,996 $65,900 $19,700 $46,200
2019 $1,939 $65,900 $19,700 $46,200
2018 $1,905 $65,900 $19,700 $46,200
2016 $2,524 $84,100 $11,700 $72,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 For Sale $159,000 -- $93 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: PrimeMLS

MLS Number: 5034838

PrimeMLS

APN: 435-136-14974