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Solid Rental Performer fully rented and ready for you to take over and reap the rewards. This property has shown itself to be easily rented over the years and enjoys a low vacancy rate. There is room here for the next owner to further separate the heat and utilities allowing more of the rental income to flow to their bottom line.
Property Location
2987 South Route 116 Bristol
Property Details
Sold Price $185,000
Sold Date May 4th, 2017
MLS# 4440883
Bedrooms 5
Garage Size 1 Car
List Price 199,900
Total Bathrooms 5
Year Built 1800
Type Multi-Family
Lot Size 10.6000 Acres
Taxes $6,905
Units 5
Stories 2
Road Frontage 220
Annual Income $0
Style Other
Water Frontage
Annual Expenses $25,450
Finished 3,131 Sqft
Construction No, Existing
Zoning RR1
Above Grade 3,131 Sqft
Seasonal No
Total Rooms 5
Below Grade 0 Sqft
List Date Jul 24th, 2015
Gross Income $0
Operating Expenses $25,450
Net Income $46,104
Expenses Includes
Unit 1 1 Beds, 1 Baths, 650 SqFt, $750/Mo
Unit 2 1 Beds, 1 Baths, 665 SqFt, $817/Mo
Unit 3 1 Beds, 1 Baths, 500 SqFt, $675/Mo
Unit 4 1 Beds, 1 Baths, 750 SqFt, $800/Mo
Unit 5 1 Beds, 1 Baths, 665 SqFt, $0/Mo
ConstructionWood Frame
BasementInterior, Unfinished, Slab, Partial
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Concrete, Stone
House Color White
Floors Vinyl, Carpet, Softwood
Building Certifications
Roof Metal
HERS Index
DirectionsRoute 116 south of the intersection of Routes 116 and 17, 2.7 miles on east side of Route 116, right across from Cove Road intersection.
Lot Description, Mountain View, Country Setting, Rural Setting
Garage & Parking Yes, , , Unassigned, 5-10 Spaces, Off Street
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