4001 Ethan Allen Highway Georgia, Vermont 05478 MLS# 4651756

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Sold Status

$375,800 Sold Price

Multi Type

8 Beds

5 Baths

4,545 Sqft

Listed By Jason Saphire of www.HomeZu.com
Sold By Element Real Estate

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This 4 unit building is a great opportunity for an investor or owner occupant. This property does qualify for an FHA loan that an owner occupant could use to be able to put down 3.5% and be able to live at no cost and end up with a paid for asset. The numbers also make sense for an investor. The location is great because there is a significant shortage of rental apartments and is in the district for Georgia Elementary, one of the best schools around with choice of high school. At the moment 3 of the 4 units are occupied with leases, there is a 2 bedroom unit that I am leaving vacant in case the buyer wants to occupy the building. If an investor is buying I am happy to have the last unit rented before sale. †

Property Location

4001 Ethan Allen Highway Georgia

Property Details

Essentials

Sold Price $375,800		Sold Date Jan 4th, 2018
List Price 395,000	Bedrooms 8	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 5	Year Built 1780
MLS# 4651756	Lot Size 4 Acres	Taxes $6,224
Type Multi-Family	Days on Market 2668 Days	Tax Year 2016
Units 4	Stories 3	Road Frontage 250
Annual Income $0	Style Apartment Building, Colonial, Multi-Family, Multi-Level	Water Frontage
Annual Expenses $0	Finished 4,545 Sqft	Construction No, Existing
Zoning Res	Above Grade 4,545 Sqft	Seasonal No
Total Rooms 8	Below Grade 0 Sqft	List Date Aug 4th, 2017

Expenses

Gross Income $0	Operating Expenses $0	Net Income $53,856

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, $850/Mo	Unit 2 2 Beds, 1 Baths, $1,338/Mo
Unit 3 3 Beds, 2 Baths, $1,350/Mo	Unit 4 2 Beds, 1 Baths, $1,000/Mo

Building

ConstructionWood Frame, Post and Beam
BasementWalkout, Unfinished, No Tenant Access, Dirt
Interior Features
Exterior Features

Exterior Masonite	Disability Features
Foundation Stone, Post/Piers, Stone	House Color Beige
Floors Vinyl, Carpet, Hardwood	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsAcross the street from Town of Georgia Offices, in the middle of Georgia Center on Rt 7
Lot DescriptionNo, Country Setting
Garage & Parking No, , , Off Street, Off Street

Road Frontage 250	Water Access
Driveway Crushed Stone	Water Type
Flood Zone No	Water Body
Zoning Res

Schools

School District NA	Middle
Elementary	High

Utilities

Heat Fuel	Excluded NONE Except for washer/Dryer located in Unit B. New Speed Queen Coin op is included in laundry room
Heating/Cool None, Hot Air, Hot Air, Heat Included	Negotiable
Sewer 1500+ Gallon	Parcel Access ROW
Water Drilled Well, Reverse Osmosis	ROW for Other Parcel
Water Heater Gas-Natural	Financing
Cable Co	Documents Deed, Property Disclosure, Lease Agreements
Electric 200 Amp, Circuit Breaker	Tax ID 237-076-11835

† The remarks published on this webpage originate from Listed By Jason Saphire of www.HomeZu.com via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.