SOME OWNER FINANCING POSSIBLE. Also... PROPERTY COULD QUALIFY FOR 5% DOWN FHA PROGRAM FOR APPROVED BUYERS WHO WANT TO LIVE IN ONE OR MORE OF THE UNITS! Incredible investment opportunity. This four unit apartment building has been lovingly maintained by the same owner for decades with low-maintenance and profitability in mind. The building has been updated with vinyl siding and windows, a metal roof, a brand new natural gas boiler, solar panels, carpet-free units, and a massive 5+ car garage with storage above offering tons of potential. The current owner has easily leased these for decades - tenants that have all been moved into month-to-month leases so a new buyer has options (though they all want to stay). The income on this property speaks for itself - with a pair of 2 br units, one 1 br plus den, and a 3 br/2ba, this property would bring $60k+ per year to an investor's portfolio. Or live in one of the units and have your money working for you! There is ample off-street parking, and a cute yard with a small playground and garden area. Located just 2 short blocks behind the main business district of Vermont's Smallest (and arguably most charming) City, easy walking distance to the shops and restaurants. 30 minutes to Burlington and less than 20 minutes to Middlebury.
Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water,Water/Sewer
Construction: Wood Frame
Year Built: 1900
Style: Historic Vintage
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4592
Above Grade Sq.Ft.: 4592
Basement: Crawl Space | Dirt Floor | Partial | Sump Pump
Foundation: Stone
Exterior Color: White
Roof: Metal
Seasonal: No
Heating: Natural Gas | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable | Gas - On-Site
Electric Meters: 4
Gas_Meters: 4
Water: Public
Sewer: Public
Land Information
Sidewalks | In Town | Near Shopping | Near Public Transportatn
Lot size: 0.4 acres
Zoned: HN)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 118
Driveway: Paved