$150,000
UNDER CONTRACT

56 Eastern Ave Newport, VT 05855

Estimated payment $965/month

Total Views 709
3 Beds
2 Baths
2,058 Sq Ft
$73 Price per Sq Ft

Highlights

  • Property is near public transit and shops
  • Vinyl Flooring
  • 4-minute walk to Newport Parks & Recreation

About This Home

Located in Newport City, this two-unit multi-family property offers an opportunity for investors or owner-occupants seeking rental income in a convenient in-town location. The building features two units, including one 1-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit, with approximately 2,058 square feet of finished living space across two stories. Each unit includes an electric range, refrigerator, and laundry hookups, and the property is serviced by public water and public sewer with separate electric meters. Additional features include laminate and vinyl flooring, a full basement with interior access, and paved public road frontage with sidewalks nearby. Being close to downtown amenities and shopping, this property offers a practical multi-family option in a location convenient to everyday services and transportation.

Listing Agent

David Kennison

Century 21 Farm & Forest License #081.0134220 Listed on: 03/12/2026

Century 21 Farm & Forest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,953

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit and shops
  • City Lot

Schools

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

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,953

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Cable Internet
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Neighbor Business, Sidewalks, In Town, Near Shopping, Near Public Transit
  • Road Frontage Type: Paved, Public
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 2058.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Laminate, Vinyl
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Driveway: None
  • Roof: Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Granite

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Wall Units
  • Cooling: None
  • Utilities: Cable Available, Phone Connected
  • 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: UR
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2614.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1952.98

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Map

Range of Values:

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Value Increase
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List Price
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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 $1,691 $56,700 $13,800 $42,900
2023 $1,691 $56,700 $13,800 $42,900
2022 $1,691 $56,700 $13,800 $42,900
2021 $1,727 $56,700 $13,800 $42,900
2020 $1,717 $56,700 $13,800 $42,900
2019 $1,668 $56,700 $13,800 $42,900
2018 $1,639 $56,700 $13,800 $42,900
2017 -- $56,700 $13,800 $42,900
2016 $1,590 $53,000 $10,100 $42,900
2015 -- $530 $0 $0
2014 -- $530 $0 $0
2013 -- $662 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2026 03/12/26 For Sale $150,000 +89.9% $73 / Sq Ft
09/17/2021 09/17/21 Sold $79,000 0.0% $38 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $79,000 -- $38 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 5079130

PrimeMLS

APN: 435-136-15079

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