770,772 US Route 2 Alburgh, Vermont 05440 MLS# 4227169

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

Sold Status

$348,000 Sold Price

Multi Type

16 Beds

8 Baths

10,909 Sqft

Listed By Michael Savage of Paul Poquette Realty Group LLC
Sold By Paul Poquette Realty Group LLC
✉ 🖶

Request a Showing or More Info

Call: 802-863-1500

Listing Alerts

Create Account

Mortgage Provider

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

Call: (802)879-8790 Option 1 x2052
NMLS# 446767

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 »
770,772 US Route 2

Priced below assessment. Incredible investment opportunity! 14 units total. 10 two bedroom units, 2 one bedroom units and 2 three bedroom units. Two buildings, one with 6 units, the other with 8 units. Approx 250 feet of Lake frontage. Road and lake frontage is estimated. Updated septic systems.Rear building is approx 15 years old,front building is approx 100 years old with more recent additions. Currently, rear building is 100% occupied. Front building is still being renovated. Even with only one building full, this property produces solid rental numbers and offers a nice return on your investment. †

Property Location

770,772 US Route 2 Alburgh

Property Details

Sold Price  $348,000 Sold Date  Nov 21st, 2013
MLS#  4227169 Bedrooms  16 Garage Size  0 Car
List Price  374,900 Total Bathrooms  8 Year Built  1900
Type  Multi-Family Lot Size  2.6200 Acres Taxes $9,156
Units  14 Stories  3 Road Frontage  250
Annual Income  $63,900 Style  Other Water Frontage  250
Annual Expenses  $24,164 Finished  10,909 Sqft Construction  No, Existing
Zoning   none Above Grade  10,909 Sqft Seasonal  No
Total Rooms  16 Below Grade  0 Sqft List Date  Apr 5th, 2013
Gross Income  $63,900 Operating Expenses  $24,164 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $750/Monthly Unit 2   2 Beds, 1 Baths, $700/Monthly
Unit 3   2 Beds, 1 Baths, $700/Monthly Unit 4   3 Beds, 1 Baths, $950/Monthly
Unit 5   1 Beds, 1 Baths, $500/Monthly Unit 6   2 Beds, 1 Baths, $750/Monthly
Unit 7   2 Beds, 1 Baths, $900/Monthly Unit 8   2 Beds, 1 Baths, $650/Monthly
ConstructionWood Frame
Basement, Slab, Sump Pump, Bulkhead, Full, Crawl Space, Dirt
Interior Features
Exterior Features
Exterior  Aluminum, Wood, Vinyl, Composition Disability Features  
Foundation  Stone, Concrete, Other House Color  
Floors  Vinyl, Carpet, Laminate, Hardwood Building Certifications  
Roof  Shingle-Other, Rolled, Other HERS Index  
DirectionsNorth on US Route 2 to South Alburg. Proceed approximately 1/3 mile past the bridge, Buildings on left (lake frontage on right!).
Lot Description, Lake Frontage, Rural Setting
Garage & Parking  No, , , On Site
Road Frontage  250 Water Access  Owned
Driveway  ROW, Gravel Water Type  Lake
Flood Zone  Unknown Water Body  
Zoning  none
School District  NA Middle  
Elementary  Alburgh Community Ed. Center High  Choice
Heat Fuel  , Oil Excluded  
Heating/Cool  , Baseboard Negotiable  
Sewer  Septic, Mound Parcel Access ROW  
Water  Other ROW for Other Parcel  
Water Heater  Off Boiler Financing  , Commercial
Cable Co   Documents  Plot Plan
Electric  Circuit Breaker Tax ID  00900312204
Loading

† The remarks published on this webpage originate from Listed By Michael Savage of Paul Poquette Realty Group LLC 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.