Sold Status
$205,000 Sold Price
Multi Type
0 Beds
0 Baths
1,864 Sqft
Sold By KW Vermont - Barre
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Washington County
Are you looking for your next smart investment? You won’t want to miss this wonderful opportunity! For 20+ years, the current owners have immaculately maintained this 3-unit property, and now it’s ready for its next chapter. The first level offers two one (1) bedroom units, and upstairs is a spacious two (2) bedroom unit. Both first floor units have washer/dryer hookups, while all three units have their own dedicated boiler, oil tank, water heater, electrical panel, and both cable and fiber optic entrances, making it super easy for tenants to manage their own utilities - not to mention easier to manage for the new owner! The property has been gainfully rented for years, with no shortage of tenants. With a cap rate of 9.25% the savvy investor knows this is a great deal! Along with the possibility of the owner occupying one unit and continuing to rent the others, the property can easily accommodate combining two or even all three units for a huge owner's unit or even a single-family home. You really can’t go wrong here! Please note: the property is OUTSIDE the FEMA mapped flood area and was not affected in July 2023 or any other of the recent flooding events. †
Property Location
Property Details
Sold Price $205,000 | Sold Date Sep 10th, 2024 | |
---|---|---|
List Price 209,900 | Bedrooms 0 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 0 | Year Built 1900 |
MLS# 4994154 | Lot Size 0.05 Acres | Taxes $4,400 |
Type Multi-Family | Days on Market 200 Days | Tax Year 2024 |
Units 3 | Stories 2 | Road Frontage |
Annual Income $31,500 | Style Near Shopping | Water Frontage |
Annual Expenses $0 | Finished 1,864 Sqft | Construction No, Existing |
Zoning MU- 1 | Above Grade 1,864 Sqft | Seasonal No |
Total Rooms 0 | Below Grade 0 Sqft | List Date May 5th, 2024 |