Home for Sale at 0 Stonewall Street, Newport City, VT 05855

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0 Stonewall Street
Newport City, VT 05855

MyKayla Tanguay with Jim Campbell Real Estate, original listing - (802) 334-3400

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Property Details

List Price:	$1,500,000
Beds:	--
Baths:	--
Status:	Active
SqFt:	0 Square Feet
Agency:	Jim Campbell Real Estate
Agency Phone:	(802) 334-3400

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Description/Comments

Lot Size:	8 acre(s)
Property Type:	Land-Other
Year Built:	--
Notes:	Now is your chance to secure a fully permitted development project located in the heart of Newport, Vermont. This unique offering includes 19 build-ready lots, complete with water, sewer, power, and fire hydrants already in place allowing you to move forward with construction immediately. State and local permits on file for the development, each lot has been surveyed with pins set, and would fall under the Vermont Home ACT S.100, giving you flexibility to build single-family homes, duplexes, triplexes, quadplexes, or a combination. Whether you’re planning a residential neighborhood or a mixed-use community, this project offers the foundation for success. Positioned in a prime location, these lots are just minutes from North Country Hospital, I-91, restaurants, shopping, bike path, and more. Residents will enjoy both convenience and the charm of a growing community. Adding a touch of character, each street in this development is named after U.S. presidents and generals. Don’t miss this one-of-a-kind opportunity to shape the future of Newport by bringing much-needed housing and investment to the area. With infrastructure and approvals already in place, the path is clear for your next development venture. *Home Act S.100-Expansion of multi-unit housing: The law essentially bans single-family-only zoning statewide. It requires municipalities to: Allow duplexes wherever single-family homes are permitted and permit up to four-plexes on lots served by municipal water and sewer.
MlsNumber:	--
ListingId:	5066741

Listing Provided By:	Jim Campbell Real Estate, original listing
Phone:	(802) 673-5413
Office Phone:	(802) 334-3400
Agent Name:	MyKayla Tanguay
Disclaimer:	Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

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Foreclosure Listings Increasing

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