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$995,000 Sold Price
Multi Type
24 Beds
24 Baths
12,240 Sqft
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Grand Isle County
Outstanding 9 unit complex, completely turn-key, and built to a high standard. Originally intended to be sold as individual condos, each unit includes fine detailing, to include: front porches, faux stone detailing, wood gable detailing, palladium windows, two story entries with open turned staircases and spindles, hardwood flooring, gas fireplaces, full basements, and master suites with vaulted ceilings, private baths, and extensive windows. Ideal retirement plan: hold as rental, and liquidate when the market improves as individual condos at a substantial profit. 7 units rented at $1,200/2 at $1,150 but due to increase at lease renewal. Easy to rent, and fully occupied. †
Property Location
Property Details
| Sold Price $995,000 | Sold Date Sep 5th, 2014 | |
|---|---|---|
| List Price 1,050,000 | Bedrooms 24 | Garage Size 9 Car |
| Cooperation Fee Unknown | Total Bathrooms 24 | Year Built 2005 |
| MLS# 4332315 | Lot Size 1.01 Acres | Taxes $13,280 |
| Type Multi-Family | Days on Market 4543 Days | Tax Year 2013 |
| Units 9 | Stories 2 | Road Frontage 70 |
| Annual Income $128,400 | Style Town House | Water Frontage |
| Annual Expenses $48,390 | Finished 12,240 Sqft | Construction No, Existing |
| Zoning None | Above Grade 12,240 Sqft | Seasonal No |
| Total Rooms 24 | Below Grade 0 Sqft | List Date Jan 16th, 2014 |
| Gross Income $128,400 | Operating Expenses $48,390 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly | Unit 2 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly |
|---|---|
| Unit 3 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly | Unit 4 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly |
| Unit 5 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly | Unit 6 3 Beds, 3 Baths, 1,360 SqFt, $1,200/Monthly |
| Unit 7 3 Beds, 3 Baths, 1,360 SqFt, $1,150/Monthly | Unit 8 3 Beds, 3 Baths, 1,360 SqFt, $1,150/Monthly |
| ConstructionWood Frame |
|---|
| Basement, Full |
| Interior Features |
| Exterior Features |
| Exterior Wood, Stone, Vinyl | Disability Features 1st Floor 1/2 Bathrm, Kitchen w/5ft Diameter, Kitchen w/5 Ft. Diameter |
|---|---|
| Foundation Concrete | House Color Yellow |
| Floors Vinyl, Carpet, Laminate, Hardwood | Building Certifications |
| Roof Shingle-Architectural | HERS Index |
| DirectionsI-89 Exit 21, West on Rte 78 to Swanton village green, right around green and cross river, Right at T onto Rte 78 and cross over Missisquoi Bay Bridge (over Lake,) Right on Rte 2 North into Alburgh village, right on Vantine, left on Leos Way. |
|---|
| Lot Description, Cul-de-Sac, Village, Commercial Zoning |
| Garage & Parking Yes, Assigned, Attached |
| Road Frontage 70 | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone No | Water Body |
| Zoning None |
| School District NA | Middle |
|---|---|
| Elementary Alburgh Community Ed. Center | High Choice |
| Heat Fuel , Gas-Lp/Bottle | Excluded |
|---|---|
| Heating/Cool Multi Zone, Baseboard, Multi Zone, Hot Water | Negotiable |
| Sewer Public | Parcel Access ROW No |
| Water Public | ROW for Other Parcel No |
| Water Heater Domestic, Gas-Lp/Bottle | Financing , Commercial |
| Cable Co Dish | Documents Property Disclosure, Deed |
| Electric 100 Amp, 220 Plug | Tax ID 00900311650 |
† The remarks published on this webpage originate from Listed By Matt Hurlburt of RE/MAX North Professionals via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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