2-18 Leo's Way Alburgh, Vermont 05440 MLS# 4332315

Return to your Search ResultsBack to Search Results Next PropertyView the next property

Sold Status

$995,000 Sold Price

Multi Type

24 Beds

24 Baths

12,240 Sqft

Listed By Matt Hurlburt of RE/MAX North Professionals
Sold By
✉ 🖶

Request a Showing or More Info

Call: 802-863-1500

View Market Report

Vermont Market Report

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (802)-318-0823
NMLS# 402933

Get Pre-Approved »

Mortgage Calculator

$

$ Taxes

$ Principal & Interest

$

This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.

Grand Isle County

Learn More »
2-18 Leo's Way

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

2-18 Leo's Way Alburgh

Property Details

Sold Price  $995,000 Sold Date  Sep 5th, 2014
MLS#  4332315 Bedrooms  24 Garage Size  9 Car
List Price  1,050,000 Total Bathrooms  24 Year Built  2005
Type  Multi-Family Lot Size  1.0100 Acres Taxes $13,280
Units  9 Stories  2 Road Frontage  70
Annual Income  $0 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  $0 Operating Expenses  $48,390 Net Income  $128,400
Expenses Includes 
Unit 1   3 Beds, 3 Baths, 1,360 SqFt, $1,200/Mo Unit 2   3 Beds, 3 Baths, 1,360 SqFt, $1,200/Mo
Unit 3   3 Beds, 3 Baths, 1,360 SqFt, $1,200/Mo Unit 4   3 Beds, 3 Baths, 1,360 SqFt, $1,200/Mo
Unit 5   3 Beds, 3 Baths, 1,360 SqFt, $0/Mo Unit 6   3 Beds, 3 Baths, 1,360 SqFt, $0/Mo
Unit 7   3 Beds, 3 Baths, 1,360 SqFt, $0/Mo Unit 8   3 Beds, 3 Baths, 1,360 SqFt, $0/Mo
ConstructionWood Frame
BasementFull
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, Hardwood, Laminate 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 DescriptionCul-de-Sac, Commercial Zoning, Village
Garage & Parking  Yes, 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  Deed, Property Disclosure
Electric  100 Amp, 220 Plug Tax ID  00900311650
Loading

† The remarks published on this webpage originate from Listed By Matt Hurlburt of RE/MAX North Professionals via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.