Newport
$324,900
48 Palmer Road
mls: 1667826
Bathrooms: 2
Year Built: 1993
Sq Footage: 1,440
Lot Size: 3.17
Taxes: $3,440
Status: Active

Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity.

Listed by: NextHome Experience

Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!

Listed by: NextHome Experience

Above Grade Finished Area
1440.00
Accessibility Features
Appliances
Architectural Style
Ranch
Basement
Exterior Entry, Dirt Floor
Bathrooms Full
2
Bathrooms Total Integer
2
Below Grade Finished Area
0.00
Body Type
Building Area Total
1440.00
Construction Materials
Wood Frame, Vinyl Siding
Cooling
Heat Pump
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Flooring
Tile, Vinyl
Foundation Details
Poured Concrete
Green Energy Efficient
Heating
Oil, Baseboard, Heat Pump, Hot Water
Heating Yes/No
1
Interior Features
1st Floor Bedroom, One-Floor Living
Laundry Features
Main Level
Lot Features
Near Turnpike/Interstate, Near Town, Rural, Level, Wooded
Lot Size Acres
3.1700
Other Equipment
Other Structures
Outbuilding, Shed(s)
Parking Features
Paved, 1 - 4 Spaces, Off Street
Patio And Porch Features
Deck
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Septic Tank
Tax Annual Amount
3440.00
Utilities
Water Source
Well
Waterfront Features
Year Built
1993
Zoning
Rural