Sold Status
$557,500 Sold Price
Multi Type
7 Beds
8 Baths
8,725 Sqft
Sold By KW Vermont-Stowe
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Washington County
This is a prime downtown location on Main Street with a high traffic count. The present owners have transformed this property through a lot of hard work to now include 5 residential apartments, one office space and a restaurant. It's now time for the seller to move onto the next project. Approximately 5 years ago a severe storm caused a virtual total failure of the upper roof. A new rubber membrane roof was installed and the upstairs 4 apartments were essentially recreated new, making them now essentially 5 years old. Seller will be entering into a 1031 Like Kind Exchange. †
Property Location
Property Details
Sold Price $557,500 | Sold Date Apr 12th, 2023 | |
---|---|---|
List Price 600,000 | Bedrooms 7 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 8 | Year Built 1935 |
MLS# 4928233 | Lot Size 0.21 Acres | Taxes $15,840 |
Type Multi-Family | Days on Market 811 Days | Tax Year 2022 |
Units 7 | Stories 2 | Road Frontage 77 |
Annual Income $113,400 | Style Other, Multi-Level, Other | Water Frontage |
Annual Expenses $0 | Finished 8,725 Sqft | Construction No, Existing |
Zoning Central Business | Above Grade 8,725 Sqft | Seasonal No |
Total Rooms 7 | Below Grade 0 Sqft | List Date Sep 2nd, 2022 |