29 Campbell Rd

Newport VT 05855

9423 sq. ft.

45738 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Rare opportunity—own a turn-key ready and fully furnished 4-unit multi-family residence with lake views in Newport, Vermont. This exceptional property generates approx. $91K in annual rental income, with flexibility to occupy one unit. The primary living area spans nearly 3,600 sq. ft. across two levels, featuring 3 generous bedrooms and 3.5 bathrooms, each thoughtfully designed for privacy and convenience. Highlights include cathedral ceilings, a dedicated office area, direct access from the heated 3-bay garage, and seamless entry to a spacious deck and gazebo. Suite 2 is positioned above the garage and offers wood vaulted ceilings, a private balcony, and two guest rooms. Suite 3 is a well-appointed studio with one guest room, while Suite 4 includes two guest rooms. All units provide private laundry and secure separation, with the option to combine spaces for expanded living if desired. Documented financials are available. Suites 3 and 4 have a history of long-term occupancy, while Suite 2 and the main residence have consistent short-term rental performance. Additional amenities include radiant floor heating, mini-split cooling systems, whole-house generator, supplemental heating source, storage space, pavilion, and a putting green. Conveniently located just minutes from downtown amenities, dining, and shopping, this versatile property is well-suited for investment, multi-generational living, or potential hospitality use.

Features

7 bathrooms

3 carspaces

3 garage spaces

9423 sq. ft. floor area

45738 sq. ft. lot size

Multi-Family

Property history for 29 Campbell Rd

2024

Sold

$672,000

24 Oct 2024 by Ryan Pronto, of Jim Campbell Real Estate

2020

Rented

Undisclosed

18 Mar 2020 by Century 21 Farm & Forest

2014

Rented

Undisclosed

19 Jul 2014 by Century 21 Farm & Forest

Happy sellers in Newport

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