$209,500
SOLD FEB 18, 2022

41 Main St N Newbury, VT 05081

6 Beds
4 Baths
9,031 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$23 Per Sq Ft

7% Below List Price

125 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • High Speed Internet
  • Porch
  • Asbestos
  • Level Lot

About This Home

As of May 2025

Located next to Wells River Savings Bank at Main Street Wells River, this anchor building for the community is currently a bustling business for Tuttles restaurant. Four apartments overhead will provide lots of income for your rental portfolio. Expect a generous return for an investor with proper management. Includes a 4 bedroom Unit and 3 one bedroom units. Also has air conditioned (heat pump) in the commerical first floor. Enjoy a rear porch on the apartments which are fully applianced. Enjoy high speed internet. Heat is included but not electricity, town water and sewer.

Last Agent to Sell the Property

Stanley Davis

Davis Realty of NH and VT, Inc. License #081.0003609 Listed on: 09/07/2021

Last Buyer's Agent

Maurice Chaloux

Parkway Realty License #081.0000952

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Asbestos

Interior Spaces

  • 4 Full Bathrooms
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Porch

Schools

  • Blue Mountain

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 28 / 02

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Freestanding, Multi-Family
  • Directions: Located at Main Street Wells River
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 23.2
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 11056
  • Sq Ft - Apx Total Finished: 9031
  • Year Built: 1899
  • Remarks Public: Located next to Wells River Savings Bank at Main Street Wells River, this anchor building for the community is currently a bustling business for Tuttles restaurant. Four apartments overhead will provide lots of income for your rental portfolio. Expect a generous return for an investor with proper management. Includes a 4 bedroom Unit and 3 one bedroom units. Also has air conditioned (heat pump) in the commerical first floor. Enjoy a rear porch on the apartments which are fully applianced. Enjoy high speed internet. Heat is included but not electricity, town water and sewer.
  • List Agent: 12372
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Wood
  • Total Rooms Above Ground: all
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial, Stairs - Interior
  • Sq Ft - Apx Finished AG: 9031
  • Sq Ft - Apx Unfinished BG: 2025

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos
  • Foundation: Brick
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Steam
  • Electric Company: Green Mountain Power
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Blue Mountain USD 21
  • Elementary School: Blue Mountain USD #21
  • Middle School: Blue Mountain USD #21
  • High School: Blue Mountain USD #21
  • Elementary School: Blue Mountain USD #21
  • High School: Blue Mountain USD #21

Lot Info

  • Map: 50
  • Lot: 28
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 96
  • Deed Page: 461
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 4
  • Total Units: 5
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9369.37
  • Tax Year: 2020

MLS Schools

  • School District: Blue Mountain USD 21
  • School Middle Jr: Blue Mountain USD #21

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
05/29/2025 05/29/25 Sold $267,095 -0.7% $30 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4881555

PrimeMLS