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Historic Multi-Family/Retail property with $58,500 income! Property located in the heart of Hinesburg offering a ground floor retail space in a high visibility location with ample parking plus three residential apartments. Extensive recent rehab includes new heating systems, electrical, updated kitchens, baths and more. Kitchens come with stainless appliances and plenty of storage; one with granite counters and other high-end updates throughout. Separate utilities, plenty of parking plus the three apartments offer private laundry. Tenants love renting here with easy access to downtown amenities and an easy commute to the mountains or city. A tremendous opportunity for Investors or future owner-occupied potential. Don't miss your chance to see this irreplaceable Hinesburg property!
Property Location
10694 Route 116 Hinesburg
Property Details
Sold Price $555,000
Sold Date Aug 13th, 2020
List Price 615,000
Bedrooms 4
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 5
Year Built 1900
MLS# 4823111
Lot Size 0.29 Acres
Taxes $8,726
Type Multi-Family
Days on Market 1561 Days
Tax Year 2019
Units 4
Stories 3
Road Frontage 0
Annual Income $0
Style Multi-Family
Water Frontage
Annual Expenses $0
Finished 3,554 Sqft
Construction No, Existing
Zoning Residential
Above Grade 2,846 Sqft
Seasonal No
Total Rooms 4
Below Grade 708 Sqft
List Date Aug 13th, 2020
Gross Income $0
Operating Expenses $0
Net Income $0
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,200/Monthly
Unit 2 1 Beds, 2 Baths, $1,500/Monthly
Unit 3 2 Beds, 1 Baths, $1,300/Monthly
Unit 4 Beds, 1 Baths, $875/Monthly
ConstructionWood Frame
BasementWalkout, Walkout
Interior Features
Exterior Features
Exterior Clapboard
Disability Features
Foundation Stone
House Color
Floors
Building Certifications
Roof Membrane
HERS Index
DirectionsAcross from Lantman's Market on Route 116.
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