Lake Home Sale Pending

Spacious property with 6500+ sq.ft. and 4 units total; to include the main home and 3 fully furnished income producing suites. This would be ideal for a large multigenerational household, in-law suites, home offices, B&B potential or to be utilized as-is with a single family home with approx. $58K annual rental revenue from the 3 suites and/or potential for much higher revenue by leasing the main home. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. The main living quarters feature nearly 3600sq.ft with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Great deal to offer for the price!

Property Details

  • Beds: 3
  • Baths: 7.0
  • Sq Feet: 8500
  • Year Built: 2002
  • Location: Lake Memphremagog
  • Acres: 1.050
  • County: Orleans County
  • Heat/AC: Baseboard, Heat Pump, Radiant, Radiant Floor, Stove
  • Garage: Driveway, Garage, Paved or Surfaced
  • Roof: Shingle
  • Stories: 2.5
  • Property Taxes: $12,348
  • MLS #: 4990242

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Ryan Pronto, Jim Campbell Real Estate, 802-334-3400, 802-334-3400 Listing Site, Listing Status: Pending
Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home Sale Pending in Newport, Vermont
Ad Number : 4788909
Viewed: 203 times
Added: Apr 19, 2024
Updated on: Aug 13, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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