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$3,100,000 USD
Lot H Mt Vernon Street
Newport City, Vermont 05855
USA
Newport City, Vermont 05855
USA
50.587 ha ::
125.00 acres
Land for sale, Other Land
Sale price per sqm: 6.13
Remarks:
Wonderful Investment Property in Newport! Approximately 125 acres in Newport bordering the Newport Country Club. Fabulous views overlooking the city and Lake Memphremagog as well as Jay Peak to the west & Owl's Head to this north in Canada. There is a huge quantity of high-grade gravel and it's permitted for 150K yards per year. Great access with the potential for over 100 residential units. This property is located in an IRS designated Opportunity Zone which could provide an investor with preferential tax treatment as part of the Tax Cuts and Jobs Act of December 2017. Finally a project could qualify for New Market Tax Credits. A must see development opportunity in the Northeast Kingdom! Brokers are Shareholders.
Location:
Lot H Mt Vernon Street, Newport City, Vermont 05855, USA
Listed By CENTURY 21 Farm & Forest
The Land for sale, Other Land located at Lot H Mt Vernon Street, Newport City, Vermont 05855, USA is currently for sale. Lot H Mt Vernon Street, Newport City, Vermont 05855, USA is listed for $3,100,000 USD. If the property located at Lot H Mt Vernon Street, Newport City, Vermont 05855, USA isn't what you're looking for, search Vermont Real Estate to see other Land For Sale in Newport City.