41 Main St N Newbury, VT 05081
Estimated payment $1,760/month
Highlights
- Heating System Uses Steam
- Level Lot
- Mini Split Air Conditioners
About This Home
Here's an anchor building in the heart of downtown Wells River. The first floor commercial space currently is occupied by Tuttle's Family Diner. It is bustling restaurant where many local regulars and tourists meet for a hearty breakfast lunch or dinner. There is also a bakery and gift shop with fresh baked goods and local items for sale.
On the 2nd and thrid floors, there are 4 residential units - one 4 bedroom unit on the 2nd and 3rd floors, a 2 bedroom with a 2nd floor hall and all rooms on the 3rd floor and two 1 bedroom units on the 2nd floor. Four tenants pay for their own electricity, phone, and internet. Heat is included in the rent and is provided from a nearly new oil steam boiler. There is a 2nd floor enclosed porch on the back of the building that is accessible from 3 of the units. The building has a sprinkler system so fire safety regulations are somewhat less stringent. Come check out this iinvestment that is a piece of Wells River history. Income and expenses are estimated or projected.
Property Details
Home Type
- Apartment
Year Built
- Built in 1899
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Membrane Roofing
- Asbestos Siding
Interior Spaces
- Property has 3 Levels
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Paved Parking
- On-Site Parking
- Off-Site Parking
- 1 to 5 Parking Spaces
Location
- City Lot
Schools
- Blue Mountain
Utilities
- Mini Split Air Conditioners
- Heating System Uses Steam
- Community Sewer or Septic
- Internet Available
- Cable TV Available
Community Details
Overview
- 5 Units
Building Details
- 5 Leased Units
- Gross Income $81,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | For Sale | $269,000 | +28.4% | $30 / Sq Ft |
| 02/18/2022 02/18/22 | Sold | $209,500 | -6.7% | $23 / Sq Ft |
| 01/10/2022 01/10/22 | Pending | -- | -- | -- |
| 12/27/2021 12/27/21 | For Sale | $224,500 | 0.0% | $25 / Sq Ft |
| 12/27/2021 12/27/21 | Price Changed | $224,500 | +18.5% | $25 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | For Sale | $189,500 | -- | $21 / Sq Ft |
Source: PrimeMLS
MLS Number: 5033105
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