NOT LISTED FOR SALE

24 Judd Dr Newport, VT 05855

Estimated Value: $110,000 - $133,000

5 Beds
1 Bath
2,182 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $97,500 $45 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $914/month

2 Days on Market

Highlights

  • Covered patio or porch
  • Asbestos
  • Walk-Up Access
  • Baseboard Heating
  • High Speed Internet
  • Carpet

About This Home

As of June 2022

Ideal investment property with this duplex/two-unit apartment building. This property has great rental history and a very solid annual return on investment. Most everything has been updated and well maintained over the years. Unit #1 is on the main level and features a two bedroom unit with approx. 954 sq.ft, a full bath, laundry hook-ups and is heated with oil baseboard hot water. Unit #2 is on the 2nd & 3rd levels and features 1237sq.ft with 3 bedrooms, ¾ bath, laundry hook-ups and is heated with two wall unit propane heaters. Unit #2 is leased at $900/month and Unit #1 is vacant ($800+/month potential). Each unit pays their own utilities to include heat, electric, hot water, internet, etc. Numerous updates include all new flooring & interior paint in unit #1, roof 4-5 years old, hot water heaters, boiler & oil tank, appliances, etc. This is a great opportunity to own and operate your own multi-family investment property. For more information please contact the listing agent, Ryan Pronto at Jim Campbell Real Estate (802)274-9149.

Last Agent to Sell the Property

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 03/28/2022

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 03/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1880

Lot Details

  • 0.43 Acre Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1 Full Bathroom
  • 2.5-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Walk-Up Access
  • Basement Storage

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Washer/ Dryer

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $3,968
  • Gross Income $20,400
  • Net Operating Income $16,431

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,812

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex, Multi-Family, Multi-Level
  • Directions: From Main Street in downtown Newport, continue to West Main Street. Judd Drive is on the left just after the 3-way stop. This is the first property on the right.
  • Footprint: 25' x 36'
  • Construction: Existing
  • Items Excluded: Washer/ Dryer
  • Total Stories: 2.5
  • Price Per Sq Ft: 44.68
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2807
  • Sq Ft - Apx Total Finished: 2182
  • Year Built: 1880
  • Remarks Public: Ideal investment property with this duplex/two-unit apartment building. This property has great rental history and a very solid annual return on investment. Most everything has been updated and well maintained over the years. Unit #1 is on the main level and features a two-bedroom unit with approx. 954 sq.ft, a full bath, laundry hook-ups and is heated with oil baseboard hot water. Unit #2 is on the 2nd & 3rd levels and features 1237sq.ft with 3 bedrooms, ¾ bath, laundry hook-ups and is heated with two wall unit propane heaters. Unit #2 is leased at $900/month and Unit #1 is vacant ($800+/month potential). Each unit pays their own utilities to include heat, electric, hot water, internet, etc. Numerous updates include all new flooring & interior paint in unit #1, roof 4-5 years old, hot water heaters, boiler & oil tank, appliances, etc. This is a great opportunity to own and operate your own multi-family investment property.
  • List Agent: 22531
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Partial, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 2182
  • Sq Ft - Apx Unfinished BG: 625

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Asbestos, Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Dead End, Paved, Private
  • Roof: Metal, Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Driveway

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Freds
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Hot Water, Wall Furnace, Wall Units
  • Electric Company: VEC
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 1
  • Total Heat Units: 3
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available, Gas - Lp/Bottle, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Orleans Essex North
  • Elementary School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport City Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 18731
  • Lot Acres: 0.43
  • Lot Description: City Lot, Sloping
  • Row Parcel Access: Yes
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Surveyed By: Mayland Clough
  • Zoning: UR
  • Deed Book: 223
  • Deed Page: 468-469
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 20400
  • Net Income: 16431
  • Total Full Baths: 1
  • Total Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Year Notes: 2021-22
  • Tax Gross Amount: 1812.12
  • Tax Year: 2022

MLS Schools

  • School District: Orleans Essex North
  • School Middle Jr: North Country Junior High

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
06/03/2022 06/03/22 Sold $97,500 0.0% $45 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $97,500 -- $45 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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 $1,775 $59,500 $16,200 $43,300
2023 $1,775 $59,500 $16,200 $43,300
2022 $1,775 $59,500 $16,200 $43,300
2021 $1,812 $59,500 $16,200 $43,300
2020 $1,802 $59,500 $16,200 $43,300
2019 $1,751 $59,500 $16,200 $43,300
2018 $1,720 $59,500 $16,200 $43,300
2016 $1,227 $40,900 $12,600 $28,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4902809

PrimeMLS

APN: 435-136-14467