Back to Search ResultsSold Status
$950,000 Sold Price
Multi Type
14 Beds
8 Baths
7,748 Sqft
Sold By Greentree Real Estate
Request a Showing or More Info
Call: 802-863-1500
Mortgage Provider
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.
Addison County
Exceptional Investment and Development Opportunity in Beautiful Bristol, Vermont! This terrific property includes a multi-family compound with a total of 10 units in 5 existing residential buildings (1 triplex, 1 stand alone and 3 duplexes comprising 18 bedrooms in all) in addition to 3 outbuildings excellent for storage and parking. The standalone unit is a recently constructed energy efficient 2bdrm. Property for sale also includes two adjacent building lots with approved septic for 4 bedroom homes. Well maintained property with excellent numbers that has been refreshed during turnover periods. Potential for additional residential density. Nice open property with gardens, lawn, ample parking and storage. Located minutes from vibrant and bustling Bristol Village known for it's Main Street of charming shops and restaurants and natural beauty. Only 15 minutes from Middlebury and 40 minutes from Burlington. This property offers a tremendous turnkey investment and an opportunity to build your vision. Take a look today! †
Property Location
Property Details
| Sold Price $950,000 | Sold Date Sep 21st, 2023 | |
|---|---|---|
| MLS# 4942762 | Bedrooms 14 | Garage Size 4 Car |
| List Price 1,050,000 | Total Bathrooms 8 | Year Built 1973 |
| Type Multi-Family | Lot Size 10.1900 Acres | Taxes $15,133 |
| Units 10 | Stories 1 | Road Frontage 875 |
| Annual Income $156,600 | Style Duplex, Freestanding, Multi-Family, Ranch | Water Frontage |
| Annual Expenses $0 | Finished 7,748 Sqft | Construction No, Existing |
| Zoning Res | Above Grade 6,956 Sqft | Seasonal No |
| Total Rooms 14 | Below Grade 792 Sqft | List Date Feb 9th, 2023 |
| Gross Income $156,600 | Operating Expenses $0 | Net Income $97,583 |
|---|
| Expenses Includes |
|---|
| Unit 1 2 Beds, 1 Baths, $1,600/Monthly | Unit 2 2 Beds, 1 Baths, $1,400/Monthly |
|---|---|
| Unit 3 1 Beds, 1 Baths, $1,000/Monthly | Unit 4 2 Beds, 1 Baths, $1,450/Monthly |
| Unit 5 2 Beds, 1 Baths, $1,450/Monthly | Unit 6 2 Beds, 1 Baths, $1,600/Monthly |
| Unit 7 2 Beds, 1 Baths, $1,050/Monthly | Unit 8 1 Beds, 1 Baths, $900/Monthly |
| ConstructionWood Frame |
|---|
| BasementWalkout, Crawl Space, Walkout |
| Interior Features |
| Exterior Features |
| Exterior Vinyl | Disability Features |
|---|---|
| Foundation Block | House Color |
| Floors | Building Certifications |
| Roof Metal, Shingle | HERS Index |
| DirectionsMain Street in Bristol to South Street, then right on Hewitt Road, Austin Drive on the right. |
|---|
| Lot Description, Country Setting |
| Garage & Parking Yes, , , Off Street |
| Road Frontage 875 | Water Access |
|---|---|
| Driveway Dirt | Water Type |
| Flood Zone Unknown | Water Body |
| Zoning Res |
| School District Addison Northeast | Middle Mount Abraham Union Mid/High |
|---|---|
| Elementary Bristol Elementary School | High Mount Abraham UHSD 28 |
| Heat Fuel , Oil, Gas-Lp/Bottle | Excluded |
|---|---|
| Heating/Cool None, Baseboard | Negotiable |
| Sewer 1000 Gallon, Septic | Parcel Access ROW |
| Water Dug Well, Drilled Well | ROW for Other Parcel |
| Water Heater Gas-Lp/Bottle | Financing |
| Cable Co Choice | Documents Survey, Deed, Septic Design, State Wastewater Permit, Survey |
| Electric Circuit Breaker | Tax ID 093-029-10060 |
† The remarks published on this webpage originate from Listed By David Parsons of RE/MAX North Professionals - Burlington 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.
Connect With Us
Real Estate Office Locations
Popular Vermont Real Estate Search
Insights Account
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 04-25-2024.
© 2024 Hickok & Boardman Realty, Inc. All rights reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Hickok & Boardman Realty, Inc fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, afflicated with or relatied to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
All Properties For Sale All Sold Properties