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This 4-unit investment property is in excellent condition with many updates over the years. From windows to heating systems. The convenient location within a mile of Burlington offers an opportunity to increase rents for a more significant cash flow. All units are 2 bedroom flats with spacious kitchens and living rooms. †
Property Location
385 Heineberg Drive Colchester
Property Details
Sold Price $339,000
Sold Date Jun 16th, 2011
MLS# 4058872
Bedrooms 8
Garage Size 0 Car
List Price 375,000
Total Bathrooms 4
Year Built 1967
Type Multi-Family
Lot Size 1.1800 Acres
Taxes $5,572
Units 4
Stories 2
Road Frontage 125
Annual Income $42,360
Style Other
Water Frontage
Annual Expenses $12,911
Finished 3,510 Sqft
Construction No, Existing
Zoning GD1
Above Grade 1,782 Sqft
Seasonal No
Total Rooms 8
Below Grade 1,728 Sqft
List Date Apr 28th, 2011
Gross Income $42,360
Operating Expenses $12,911
Net Income $0
Expenses Includes
Unit 1 2 Beds, 1 Baths, 839 SqFt, $825/Monthly
Unit 2 2 Beds, 1 Baths, 839 SqFt, $0/Mo
Unit 3 2 Beds, 1 Baths, 866 SqFt, $930/Monthly
Unit 4 2 Beds, 1 Baths, 866 SqFt, $850/Monthly
ConstructionWood Frame
Basement, Apartments, Full, Finished
Interior Features
Exterior Features
Exterior Wood, Masonite
Disability Features
Foundation Block
House Color
Floors Vinyl, Carpet, Tile, Laminate
Building Certifications
Roof Shingle-Other
HERS Index
DirectionsTake the Beltline (Route 127) from Burlington into Colchester becomes Heineberg Road, #385 see sign.
Lot Description, Level
Garage & Parking No, , , Unassigned
Road Frontage 125
Water Access
Driveway Common/Shared
Water Type
Flood Zone Unknown
Water Body
Zoning GD1
School District NA
Middle
Elementary
High
Heat Fuel
Excluded
Heating/Cool Wall AC Units, Wall Units
Negotiable
Sewer 1000 Gallon, Septic, Other
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Rented, Gas-Natural
Financing
Cable Co Comcast
Documents Deed
Electric Circuit Breaker
Tax ID 15304818017
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† The remarks published on this webpage originate from Listed By 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.