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$324,900

For Sale

3 hours ago

43 Indian Point Street, Newport City, VT

House

MLS® 5105024

0 Bed

0 Bath

2157 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2157 sqft
Garage 
Taxes $3,823
Days Active 0
Lot Size 0.18 Acres
Approx. Age 1890
Avg. Price Per Sqft $150
MLS® Number 5105024

Property Address: 43 Indian Point Street, Newport City, VT, 05855

Average square foot calculated using Size range provided by listing agent.

Description

Very well-maintained 3-unit investment property located on the desirable East Side of Newport City. This turnkey income-producing property is fully occupied with long-term tenants and offers separate utilities, with each tenant responsible for their own heat, electric, and hot water expenses. Heating systems include oil hot-air furnaces in Units #1 and #2 and a propane Rinnai heater in Unit #3. Each apartment also features its own washer/dryer hookups. The landlord's expenses are limited to insurance, water/sewer, property taxes, mowing, plowing, rubbish removal, etc. Significant recent improvements include a 2 heating systems & 2 hot water heaters installed, a paved driveway, deck repairs, roof replacement on approximately two-thirds of the building in 2022, updated gutters, and several vinyl replacement windows. Additional features include a large covered front porch, fenced backyard, and a utility shed for owner storage. Unit #1 is a spacious two-story, 2-bedroom apartment leased through 5/15/2027. Unit #2 is a two-story, 1-bedroom apartment featuring a recently renovated kitchen and bathroom with granite countertops, leased through 4/30/2027. Unit #3 offers a spacious two-story, 2-bedroom layout and is leased through 6/1/2027. A rare opportunity to acquire a well-maintained, low-maintenance multifamily property with stable rental income, strong rental history, and minimal owner responsibilities.
MLS® Number5105024
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementPartial, Storage Space, Interior Stairs, Unfinished
DrivewayDriveway, Parking Spaces 1 - 10
Garage Spaces
HeatDirect Vent, Hot Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 14, 2026List Date
$324,900List Price
  • Commute

Commute

Starting Address
Destination Address
43 Indian Point Street, Newport City, VT

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