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A great opportunity to own Well maintained 7 unit apartment building with established tenants and good cash flow. Located in the Quaint Village of Montgomery and walking distance to most amenities! Jay Peak Ski & Water Park only minutes away. †
Property Location
167 Main Street Montgomery
Property Details
Sold Price $369,500
Sold Date Nov 5th, 2021
List Price 389,900
Bedrooms 8
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 7
Year Built 1880
MLS# 4878152
Lot Size 0.21 Acres
Taxes $5,604
Type Multi-Family
Days on Market 1192 Days
Tax Year 2021
Units 7
Stories 3
Road Frontage 98
Annual Income $68,880
Style Multi-Family, Multi-Level, Tri-Level
Water Frontage
Annual Expenses $0
Finished 4,310 Sqft
Construction No, Existing
Zoning Residential
Above Grade 4,310 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date Aug 17th, 2021
Gross Income $68,880
Operating Expenses $0
Net Income $50,434
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,250/Monthly
Unit 2 1 Beds, 1 Baths, $800/Monthly
Unit 3 1 Beds, 1 Baths, $700/Monthly
Unit 4 1 Beds, 1 Baths, $700/Monthly
Unit 5 1 Beds, 1 Baths, $700/Monthly
Unit 6 1 Beds, 1 Baths, $890/Monthly
Unit 7 2 Beds, 1 Baths, $700/Monthly
ConstructionWood Frame
BasementInterior, No Tenant Access, Concrete
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Stone
House Color Yellow
Floors Tile, Carpet, Hardwood
Building Certifications
Roof Metal
HERS Index
Directions
Lot Description, Level, Sidewalks
Garage & Parking No, , , On Site, Off Street, Assigned
Road Frontage 98
Water Access
Driveway Paved
Water Type
Flood Zone No
Water Body
Zoning Residential
School District Montgomery School District
Middle
Elementary
High
Heat Fuel , Oil
Excluded
Heating/Cool None, Baseboard, Hot Water
Negotiable
Sewer On-Site Septic Exists
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Off Boiler
Financing
Cable Co
Documents
Electric Circuit Breaker, 200 Amp
Tax ID 4002-125-10384
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† The remarks published on this webpage originate from Listed By Armand Chevrier of 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.