$207,500
SOLD APR 30, 2020

72 Judd Dr Newport, VT 05855

4 Beds
4 Baths
2,596 Sq Ft
0.96 Acres

Recently Sold

$80 Per Sq Ft

5% Below List Price

120 Days on Market

Highlights

  • Water Views
  • Patio
  • Outdoor Storage
  • 0.96 Acre Lot
  • Garden
  • Baseboard Heating

About This Home

As of April 2020

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: 11/26/2019

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392 Listed on: 11/26/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.96 Acre Lot
  • Lot Sloped Up
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Water Views

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Separate Water Meter
  • Liquid Propane Gas Water Heater

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $13,764
  • Gross Income $36,000
  • Net Operating Income $22,236

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From Main St Newport, continue to West Main St. Judd Dr. is on the left just after the 3-way stop sign. Go all the way to the end of the road.
  • Footprint: 28'x48'
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 79.93
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2724
  • Sq Ft - Apx Total Finished: 2596
  • Year Built: 2003
  • Remarks Public: 4 unit apartment complex with over a 10% annual return on your investment. Built in 2003 by a top local builder, this building still shows like new and is an efficient property to own. Everything has been well maintained, has up to date CO2/smoke detectors and more. Featuring 4 one bedroom units (each with their own appliances to include washer & dryer in each unit), large parking area, spacious yard and a quiet/private setting at the end of a dead-end road. Unit A is handicapped accessible with modified kitchen and bathroom areas and Unit B is also a ground level unit. Turnkey property and newer construction means minimal upkeep needed. Good rental history with long term tenants, generating a very strong return on investment! 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: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement Description: Slab
  • Sq Ft - Apx Finished AG: 2596
  • Sq Ft - Apx Unfinished AG: 128

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Slab w/ Frost Wall
  • Roads: Private, Shared
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space, Patio, Storage
  • Water Body Type: Lake
  • Water Body Name 2: Memphremagog Lake
  • Water View: Yes

Garage/Parking

  • Parking: On-Site

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Blue Flame
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Gas - LP/Bottle, Off Boiler, Tank
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Electric Company: VT Electric Co-Op
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 1
  • Trash: Dumpster
  • Utilities: Gas - Lp/Bottle

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: 41818
  • Lot Acres: 0.96
  • Lot Description: Rental Complex
  • Row Parcel Access: Yes
  • Surveyed: Unknown
  • Zoning: Newport
  • Deed Book: 207
  • Deed Page: 430-431
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 36000
  • Net Income: 22236
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 4

Tax Info

  • Tax Year Notes: 2019-2020
  • Tax Gross Amount: 5602.32
  • Tax Year: 2020

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
09/21/2021 09/21/21 Rented $850 0.0% --
09/10/2021 09/10/21 For Rent $850 0.0% --
04/30/2020 04/30/20 Sold $207,500 -5.5% $80 / Sq Ft
03/25/2020 03/25/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $219,500 -- $85 / 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: 4786625

PrimeMLS