734 Elmore Street Morristown, Vermont 05661 MLS# 4849586

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Sold Status

$230,000 Sold Price

Multi Type

5 Beds

3 Baths

2,336 Sqft

Listed By Graham Mink of Mink Realty
Sold By Coldwell Banker Carlson Real Estate

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Lamoille County

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Fully leased three unit building in wonderful Morrisville neighborhood! Building consists of two 2 bedroom units and one 1 bedroom unit. All three units currently occupied with excellent tenants who are respectful and pay their rent on time each month. There is a detached one car garage that is currently not being used and could be used by the new owner or rented out for additional income. Keep all three units rented for maximum income, move into one of the units to live for free, or convert the building back to a single family home. Plenty of options to consider! The building will be sold on a .3 acre lot and taxes are TBD but should be similar to their current amount. Subdivision is in progress and there will be a new single family home constructed behind this building in May with a fall completion date. Broker Owned. †

Property Location

734 Elmore Street Morristown

Property Details

Essentials

Sold Price $230,000		Sold Date Jul 16th, 2021
List Price 239,000	Bedrooms 5	Garage Size 1 Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1900
MLS# 4849586	Lot Size 0.3 Acres	Taxes $0
Type Multi-Family	Days on Market 1358 Days	Tax Year
Units 3	Stories 2	Road Frontage 132
Annual Income $31,020	Style Apartment Building	Water Frontage
Annual Expenses $0	Finished 2,336 Sqft	Construction No, Existing
Zoning MDR	Above Grade 2,336 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date Mar 4th, 2021

Expenses

Gross Income $31,020	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $950/Monthly	Unit 2 2 Beds, 1 Baths, $885/Monthly
Unit 3 1 Beds, 1 Baths, $750/Monthly

Building

ConstructionWood Frame
BasementWalk-up, Unfinished, Concrete, Unfinished, Exterior Access
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Block, Concrete, Fieldstone	House Color White
Floors	Building Certifications
Roof Membrane	HERS Index

Property

DirectionsFrom center of Morrisville Village take VT RT12 South towards Elmore. Stay right at the Rt15- Rt12 intersection and drive .7 miles to driveway on the right. White building with red trim.
Lot DescriptionYes, Level
Garage & Parking Yes, ,

Road Frontage 132	Water Access
Driveway Gravel	Water Type
Flood Zone No	Water Body
Zoning MDR

Schools

School District Lamoille South	Middle Peoples Academy Middle Level
Elementary Morristown Elementary School	High Peoples Academy

Utilities

Heat Fuel , Oil, Gas-Lp/Bottle	Excluded
Heating/Cool None, Direct Vent, Forced Air	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Electric, Owned, Owned	Financing
Cable Co	Documents
Electric 100 Amp, Circuit Breaker	Tax ID 414-129-11365

† The remarks published on this webpage originate from Listed By Graham Mink of Mink Realty 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.