4400 VT Route 15 Wolcott, Vermont 05680 MLS# 4868247

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Sold Status

$310,000 Sold Price

Multi Type

7 Beds

6 Baths

3,994 Sqft

Listed By Penny Mason-Anderson of Pall Spera Company Realtors-Morrisville
Sold By Peter D Watson Agency
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Lamoille County

4400 VT Route 15

6 Unit investment property in a convenient location in between Hardwick and Morristown boasts great rents! Historic village property retains its original charm though the mechanicals have been updated throughout. Four 1-Bedroom units, 1 efficiency and a large 2-bedroom provide stable year-round income. Tenants pay electric, TV and internet. Coin op shared washer and dryer on site. Each unit has independent zone to control heat. Spacious back yard leads to the Lamoille River, a great draw for tenants to enjoy lawn games and fishing!

Property Location

4400 VT Route 15 Wolcott

Property Details

Sold Price  $310,000 Sold Date  Aug 24th, 2022
MLS#  4868247 Bedrooms  7 Garage Size  1 Car
List Price  365,000 Total Bathrooms  6 Year Built  1797
Type  Multi-Family Lot Size  0.6600 Acres Taxes $7,683
Units  6 Stories  3 Road Frontage  175
Annual Income  $64,320 Style  Apartment Building, Historic Vintage Water Frontage  180
Annual Expenses  $0 Finished  3,994 Sqft Construction  No, Existing
Zoning   Village Core Above Grade  3,994 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Jun 23rd, 2021
Gross Income  $64,320 Operating Expenses  $0 Net Income  $32,260
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,300/Monthly Unit 2   1 Beds, 1 Baths, $735/Monthly
Unit 3   1 Beds, 1 Baths, $850/Monthly Unit 4   1 Beds, 1 Baths, $800/Monthly
Unit 5   1 Beds, 1 Baths, $800/Monthly Unit 6   1 Beds, 1 Baths, $0/Monthly
ConstructionWood Frame
BasementWalkout, Interior Stairs, Full, Full, Stairs - Interior, Walkout, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Concrete House Color  
Floors  Vinyl, Hardwood Building Certifications  
Roof  Standing Seam, Shingle-Asphalt HERS Index  
DirectionsRoute 15 into Wolcott Village 4400 is located between East Hill Road and School Street. Sign on property.
Lot DescriptionNo, Village
Garage & Parking  Yes, On Site, 6+ Parking Spaces, On-Site, Parking Spaces 6+, Underground
Road Frontage  175 Water Access  
Driveway  Gravel, Dirt Water Type  River
Flood Zone  Yes Water Body  
Zoning  Village Core
School District  NA Middle  Choice
Elementary  Wolcott Elementary School High  Choice
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  1500+ Gallon, Septic, Private, Septic Parcel Access ROW  
Water  Drilled Well ROW for Other Parcel  
Water Heater  Gas-Lp/Bottle Financing  
Cable Co   Documents  Deed, State Wastewater Permit
Electric  Circuit Breaker Tax ID  777-247-10473
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† The remarks published on this webpage originate from Listed By Penny Mason-Anderson of Pall Spera Company Realtors-Morrisville via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.