492 Route 2 Highway South Hero, Vermont 05486 MLS# 4702057

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Sold Status

$355,000 Sold Price

Multi Type

4 Beds

3 Baths

2,804 Sqft

Listed By Andrea Champagne of Champagne Real Estate
Sold By Champagne Real Estate

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Grand Isle County

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This is an ideal location for enjoying all of the recreational opportunities offered by living in the Lake Champlain Islands, and the commute to Burlington is very easy and scenic. The ease of access to the has created an excellent rental history for many years. There is a peek of the lake and the mountains. The extra large back yard provides garden space, and room for outdoor activities and plenty of parking space. All of this plus, you are within walking distance to the grocery store, and an easy drive to local restaurants. The ferry to New York provides a quick ride to Plattsburgh, with many job opportunities. The tenants pay for heat (propane) and electric and trash. Each unit has a gas freestanding heater or a fireplace with gas. The coin op laundry in the lower level is shared by all, which is managed by Bouchard Brothers. This provides some money to go towards the electric meter that is the responsibility of the landlords. †

Property Location

492 Route 2 Highway South Hero

Property Details

Essentials

Sold Price $355,000		Sold Date Aug 15th, 2018
List Price 375,000	Bedrooms 4	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1969
MLS# 4702057	Lot Size 1.1 Acres	Taxes $4,053
Type Multi-Family	Days on Market 2345 Days	Tax Year 2018
Units 3	Stories 2	Road Frontage 120
Annual Income $36,420	Style Multi-Family	Water Frontage
Annual Expenses $0	Finished 2,804 Sqft	Construction No, Existing
Zoning Residential	Above Grade 1,456 Sqft	Seasonal No
Total Rooms 4	Below Grade 1,348 Sqft	List Date Jun 21st, 2018

Expenses

Gross Income $36,420	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $1,125/Monthly	Unit 2 1 Beds, 1 Baths, $810/Monthly
Unit 3 1 Beds, 1 Baths, $1,100/Monthly

Building

ConstructionWood Frame
BasementWalkout, Apartments, Assigned Storage, Slab, Partially Finished, Full, Walkout
Interior Features
Exterior Features

Exterior Vinyl Siding	Disability Features
Foundation Concrete	House Color
Floors Vinyl, Carpet, Hardwood	Building Certifications
Roof Shingle	HERS Index

Property

DirectionsInterstate 89 to Exit 17 to Village of South Hero, go 2 miles, property on the right heading north, just after Keeler Bay Road.
Lot Description, Mountain View, Water View, Lake View, Country Setting
Garage & Parking No, , , On Site, Unassigned, Off Street, Visitor, 5-10 Spaces

Road Frontage 120	Water Access
Driveway Gravel	Water Type Lake
Flood Zone No	Water Body
Zoning Residential

Schools

School District Grand Isle School District	Middle
Elementary Folsom Comm Ctr	High Choice

Utilities

Heat Fuel , Multi Fuel, Electric, Gas-Lp/Bottle	Excluded
Heating/Cool None, Electric, Vented Gas Heater	Negotiable
Sewer Private, Mound, On-Site Septic Exists, Private	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Electric, Separate, Owned	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 603-169-10779

† The remarks published on this webpage originate from Listed By Andrea Champagne of Champagne Real Estate 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.