Discover a fantastic opportunity with this 4-bedroom, 1-bathroom home boasting 1,925 square feet of living space. Whether you're seeking a rental property, a renovation project, or a family residence, this property offers endless possibilities. Situated on a generous corner lot with partial lake views, the home provides ample outdoor space--perfect for children to play or creative landscaping projects. Inside, you'll find plenty of room with two living spaces, currently configured as a cozy gift shop and family room, along with a formal dining room and additional flex spaces on the second and third floors. The property showcases classic New England character with hardwood accents and a thoughtfully laid-out design. Recent upgrades include fresh exterior paint enhancing curb appeal. The bathroom has also undergone thoughtful improvements, featuring new trim, fresh paint, upgraded flooring, and stylish light fixtures. Conveniently located just two blocks from the serene Lake Memphremagog and half a mile from downtown Newport, residents will enjoy access to local shops, schools, and parks, along with free summer concerts and vibrant community events. Whether you're an experienced investor looking to enhance its value or a first-time buyer searching for a home with character, this property holds tremendous potential for customization and growth.