281 Dummerston Station Road Dummerston VT Multi Family For Sale $349000

List Price: $349,000 | $75 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units Under Contract Listed Friday Aug 16, 2024 | MLS# 5010023

Listing Agent Chris Long, BHG Masiello Brattleboro. To see this Listing:

Call 802-295-1355

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Description:

4-unit investment property in Dummerston at the end of a town road situated on 3 open acres abutting a large agricultural farm field. The giant open level yard is amazing and has plenty of room for outdoor fun, activities and garden spots for the tenants. This farmhouse conversion still has a 3-bedroom two-story main house living unit (currently occupied) absolutely ideal for an owner occupant to reside and allow the other rental units provide substantial income. There is a garage building that offers each of the 4 tenants a valuable storage space and there is also a large old barn that does need some TLC but could be ideal for many uses. This property does abut I-91 so there is some road noise but the convenient location just off Route 5 minutes to Brattleboro is superb. Roof is new in August of 2024. Listed well below the current town assessment value and priced to sell. Can be purchased as part of a three-property investment package totaling 11 units.
Location : Abuts Conservation | Near Shopping | Rural | Valley | Near Hospital
Operating Expenses : Heat,Insurance,Other,Trash

Annual Expenses

Taxes: $11,339

Income
Gross Income | $48,600
NetIncome | $27,195

Unit Information:

UNIT 1

Beds: 3
Baths: 1
Rooms: 0
Level: 1
Tenant Pays : Electric,Heat,Internet Service,TV Service
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 3
Baths: 1
Rooms: 0
Level: 1
Tenant Pays : Electric,Heat,Internet Service,TV Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 1
Baths: 1
Level: 2
Tenant Pays : Electric,Internet Service,TV Service
Rent : 800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 4

Beds: 1
Baths: 1
Level: 1
Tenant Pays : Electric,Ground Maintenance,Internet Service,TV Service
Rent : 750.00 Monthly
Lease Term : Month to Month
Status : Month to Month

Construction Information:

Additional Information

Taxes $11,339
Assesed Value Not Reported

Schools

565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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