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Unique opportunity to invest in the Islands with this large 6 bedroom duplex on 3.29 total acres! Adjoining 1.95 acre lot to the south is separately deeded. The spacious main house offers 3 bedrooms and 2 baths plus a finished lower level with large bonus room, laundry hook-ups, and two additional rooms - ideal for hobbies or remote work. The main level offers hardwood floors, stainless kitchen appliances, and sliding glass door to an oversized back deck. The (slightly) smaller apartment offers an open floor plan with 3 bedrooms and 1 bath. Tenants love the easy one-level living here. Both units share the huge backyard ideal for gardens, playing, or relaxing. The outside storage shed is great for bike and garden supply storage. Plenty of parking for everyone and separate utilities. This property would be great for owner-occupiers and investors alike! Plenty of opportunity for additional income from one or both units, whether long term tenants or as an AirBnb! Enjoy easy access to Lake Champlain and about 30 minutes to Burlington and the airport.
Property Location
283 US Route 2 Grand Isle
Property Details
Sold Price $385,000
Sold Date Jun 2nd, 2022
List Price 399,900
Bedrooms 6
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1972
MLS# 4902901
Lot Size 3.29 Acres
Taxes $5,881
Type Multi-Family
Days on Market 980 Days
Tax Year 2021
Units 2
Stories 2
Road Frontage 444
Annual Income $33,600
Style Duplex
Water Frontage
Annual Expenses $0
Finished 3,776 Sqft
Construction No, Existing
Zoning Rural Res./Agri.
Above Grade 2,606 Sqft
Seasonal No
Total Rooms 6
Below Grade 1,170 Sqft
List Date Mar 30th, 2022
Gross Income $33,600
Operating Expenses $0
Net Income $22,459
Expenses Includes
Unit 1 3 Beds, 2 Baths, $1,500/Monthly
Unit 2 3 Beds, 1 Baths, $1,300/Monthly
ConstructionWood Frame
BasementInterior, Finished
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Concrete
House Color White
Floors Tile, Carpet, Hardwood
Building Certifications
Roof Shingle
HERS Index
DirectionsNorth on US-2 through South Hero, property will be on your left before Griswold Road.
Lot Description, Country Setting, Shed
Garage & Parking No, ,
Road Frontage 444
Water Access
Driveway Gravel
Water Type
Flood Zone Unknown
Water Body
Zoning Rural Res./Agri.
School District Grand Isle School District
Middle Choice
Elementary Grand Isle School
High Choice
Heat Fuel , Gas-Lp/Bottle, Electric
Excluded
Heating/Cool None, Baseboard, Electric, Space Heater
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