Updated Duplex with Rehabbed
For Sale
Contact for pricing
Pending
80 Prospect Street, Newport, VT 05855
Well-updated duplex with new windows, kitchens, baths, and insulation, plus separate utilities paid by the renter.
Property SizeContact for details
Days on Market146
Property Features for 80 Prospect Street
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
2
Listing Agency:
Century 21 Farm & Forest Derby
Listed By:
Lyell Reed · License #VT
(802) 334-1200
Source:
Crexi
Added: Apr 10
Changed: Aug 25
Last Checked: Sep 2 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Farm & Forest Derby
Investment Insights
Based on property information with market context.
This updated duplex offers a largely turnkey setup with substantial renovations completed throughout. Improvements noted include new thermo tilt-in windows, blown-in insulation in the attic, a new kitchen, refreshed paint in nearly all areas, and new baths and kitchens. The plumbing and electrical work has been handled by licensed professionals, and the current configuration provides a 2-unit setup with the first floor totally rehabbed. The second floor is described as rehabbed and used by the owner.
The property is described as centrally located in Newport, VT, and is very close to City Dock, Main Street stores, and the library. The remarks also note it is within a couple blocks of Lake Memphremagog and a short distance to Jay Peak Resort, with an easy commute to Montreal and Boston.
According to the seller, the renter pays their own heat and electric, supporting straightforward utility separation. The owner’s quarters are described as clean and in great condition, and the duplex is positioned as ready to move into with renovations already completed.
The property is described as centrally located in Newport, VT, and is very close to City Dock, Main Street stores, and the library. The remarks also note it is within a couple blocks of Lake Memphremagog and a short distance to Jay Peak Resort, with an easy commute to Montreal and Boston.
According to the seller, the renter pays their own heat and electric, supporting straightforward utility separation. The owner’s quarters are described as clean and in great condition, and the duplex is positioned as ready to move into with renovations already completed.
Key Highlights
- Updated duplex with new kitchen(s), new bath(s), and new paint almost throughout
- New thermo tilt‑in windows and blown‑in insulation in the attic
- Licensed plumber and electrician completed work throughout the property
Property Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
Business Placement
Demographics for 05855, VT
7,388
Population
3,880
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
59.1 sq mi
ZIP Area
125
Density / Sq Mi
$57,611
Median Household Income
$34,381
Median Earnings
$866
Median Rent
$194,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-updated duplex with new windows, kitchens, baths, and insulation, plus separate utilities paid by the renter.
Where is this duplex located?
The property is located at 80 Prospect Street Newport, VT.
What are key features of this property?
This property features: Updated duplex with new kitchen(s), new bath(s), and new paint almost throughout; New thermo tilt‑in windows and blown‑in insulation in the attic; Licensed plumber and electrician completed work throughout the property
