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Fabulous investment opportunity offers two separate 4-unit rental properties each on their own village lot (8 units total). These are true 4 unit buildings - not building conversions. Separate utilities. Extremely well maintained properties offers a solid rental history and very good income. All two bedroom units with living room, eat-in kitchen, and hardwood floors. Full basement with separate storage units for tenants. Lot and building details are for one of the buildings - although buildings are nearly identical. Properties are completely separate and could later be sold individually, but Seller desires to sell together. †
Property Location
20 & 26 Linda Avenue Swanton
Property Details
Sold Price $530,000
Sold Date Mar 31st, 2015
MLS# 4391259
Bedrooms 16
Garage Size 0 Car
List Price 578,000
Total Bathrooms 8
Year Built 1971
Type Multi-Family
Lot Size 0.2500 Acres
Taxes $3,925
Units 8
Stories 2
Road Frontage
Annual Income $0
Style Other
Water Frontage
Annual Expenses $27,641
Finished 3,248 Sqft
Construction No, Existing
Zoning Residential
Above Grade 3,248 Sqft
Seasonal No
Total Rooms 16
Below Grade 0 Sqft
List Date Oct 28th, 2014
Gross Income $0
Operating Expenses $27,641
Net Income $83,448
Expenses Includes
Unit 1 2 Beds, 1 Baths, $800/Mo
Unit 2 2 Beds, 1 Baths, $850/Mo
Unit 3 2 Beds, 1 Baths, $859/Mo
Unit 4 2 Beds, 1 Baths, $800/Mo
Unit 5 2 Beds, 1 Baths, $0/Mo
Unit 6 2 Beds, 1 Baths, $0/Mo
Unit 7 2 Beds, 1 Baths, $0/Mo
Unit 8 2 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementAssigned Storage, Full
Interior Features
Exterior Features
Exterior Wood, Clapboard
Disability Features
Foundation Concrete
House Color
Floors Vinyl, Tile, Hardwood
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFrom Canada Street, right on Linda Avenue, property on left.
Lot DescriptionVillage
Garage & Parking No, 6+ Parking Spaces
Road Frontage
Water Access
Driveway Paved
Water Type
Flood Zone No
Water Body
Zoning Residential
School District NA
Middle Missisquoi Valley Union Jshs
Elementary Swanton School
High Missisquoi Valley UHSD #7
Heat Fuel Gas-Natural
Excluded
Heating/Cool Baseboard, Hot Water
Negotiable
Sewer Public
Parcel Access ROW No
Water Public
ROW for Other Parcel
Water Heater Gas-Natural, Separate
Financing Conventional, Commercial
Cable Co
Documents Survey, Deed
Electric Circuit Breaker
Tax ID 63920111635
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† The remarks published on this webpage originate from Listed By PJ Poquette of Paul Poquette Realty Group, LLC via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.