List Price: $299,000 | $165 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units Under Contract Listed Saturday Mar 23, 2024 | MLS# 4989009


This unique property offers two buildings and three apartments. The light blue house in front is 304 Grove St, which has a one bedroom, one bathroom apt upstairs and a two bedroom, one bathroom apt downstairs. 306 Grove St is a two bedroom, one bathroom cottage all its own! These two buildings are on one parcel and have all separate utilities paid for by the tenants. Both buildings are in pristine condition with great tenants who would love to stay! The rental history is strong and the annual net profit is approximately $28,500. Great opportunity for a buyer who wants a low-maintenance property where they can live on-site and rent the other two apartments to help pay the mortgage or for an investor to add to their portfolio. Operating Expenses : Insurance,Other,Snow Removal,Trash,Water/Sewer
Annual Expenses

Taxes: $4,769
Income
Gross Income | $40,800
NetIncome | $28,497
Appliances : Water Heater – Gas | Water Heater – Owned

UNIT 1

Beds: 2
Baths: 1
Rooms: 4
Level: 1
Tenant Pays : Electric,Heat,Hot Water
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 3
Level: 2
Info : Appliances Included,Heat - Gas,Laundry Hookup,Range - Gas
Tenant Pays : Electric,Heat,Hot Water
Rent : 900.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 594
Level: 1
Info : Appliances Included,Dishwasher,Laundry Hookup,Range - Gas
Tenant Pays : Electric,Heat,Hot Water
Rent : 1300.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
Construction: Asbestos Exterior | Vinyl Siding
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2836
Above Grade Sq.Ft.: 1810
Basement: Bulkhead | Concrete Floor | Crawl Space | Full | No Tenant Access | Unfinished | Interior Access | Exterior Access
Foundation: Concrete | Stone
Exterior Features:
Fence - Partial | Porch - Covered
Exterior Color: Blue
Roof: Metal | Slate
Garage And Parking: Driveway | Off Street | Parking Spaces 3 - 5
Seasonal: No
Heating: Baseboard
Cooling: None
HeatFuel: Gas - LP/Bottle
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters: 3
Gas_Meters: 3
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.26 acres
Zoned: VR)
Surveyed: No
Flood Zone: No
Roads: Paved | Public
Road Frontage: 55
Driveway: Gravel


Easement - No
Row For Other Parcel: N
Taxes $4,769
Assesed Value Not Reported
Schools
School District: Southwest Vermont
Middle School: Mt. Anthony Union Middle Sch
High School: Mt. Anthony Sr. UHSD 14

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