List Price: $450,000 | $114 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units
Listed Wednesday Apr 9, 2025 | MLS# 5035415
65 Skyline Drive Lyndon VT
Listed by Scott DesJardins Better Real Estate LLP
This massive, quality crafted multi-unit building has been in the same family since it was constructed in 1956. It's always been immaculately maintained and continuously upgraded. Featuring so many things you never find in a typical rental building including: custom woodwork, hardwood floors, built-ins, premium mechanical systems, dedicated storage areas, and laundry hookups to name a few. Even the quiet neighborhood location is atypical for a multi-unit. The massive ground floor apartment has 3 bedrooms, 2 full bathrooms, kitchen, dining room, living room, laundry room and more. It's larger than your average single family home all on it's own. The second floor apartment is light filled and spacious with a full bedroom, bathroom, and extra 'room'. It could easily be expanded into the adjacent unfinished attic space. The third apartment is a clean and simple walkout basement one bedroom. The building is fully occupied with amazing tenants, all with long term leases. Operating Expenses : Heat,Maintenance,Other,Water/Sewer
Annual Expenses

Taxes: $6,031
Income
Gross Income | $46,328
NetIncome | $30,219
Appliances : Water Heater – Electric

UNIT 1

Beds: 3
Baths: 2
Rooms: 0
Level: 1
Info : Deck,Dishwasher,Heat Included,Laundry Hookup,Primary BR w/ BA,Mudroom,Storage
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1600.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 0
Level: 2
Info : Appliances Included,Heat Included,Laundry Hookup,Mudroom,Porch,Storage
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1400.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 1
Baths: 1
Level: 0
Info : Appliances Included,Heat Included,Laundry Hookup,Mudroom,Storage
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1200.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Clapboard Exterior
Year Built: 1956
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 6375
Above Grade Sq.Ft.: 3219
Below Grade Sq.Ft.: 720
Basement: Apartments | Climate Controlled | Concrete | Daylight | Finished | Full | Insulated | Storage - Assigned | Walkout | Exterior Access
Foundation: Concrete
Exterior Features:
Deck | Storage
Roof: Shingle - Architectural
Garage And Parking: On-Site
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: 220 Volt
Trash: Cans | Owner
Utilities: Cable | Phone
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
Landscaped | Near Shopping | Neighborhood | Near School(s)
Lot size: 0.4 acres
Zoned: Residential Neighborhood)
Surveyed: Unk
Flood Zone: No
Road Frontage: 132
Driveway: Paved


Docs Available : Aerials | Certificate of Occupancy | Deed | Lease Agreements | Property Disclosure | Tax Map
Easement - Unknown
Taxes $6,031
Assesed Value Not Reported
Schools
School District: Kingdom East
Elementary School: Lyndon Town Elementary School
Middle School: Lyndon Town Elementary School
High School: Choice

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