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Perfect opportunity for investors. This four-plex is one of two being sold separately. (See MLS #4036383 for information on its idential twin.) Exceptionally maintained, turnkey operation. VT fire and safety inspection in process. Large dry storage area in basements. Great rental history. Plenty of off-street parking.
Property Location
573 Bay Road Colchester
Property Details
Sold Price $350,000
Sold Date Nov 11th, 2011
List Price 374,500
Bedrooms 8
Garage Size 0 Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1967
MLS# 4036386
Lot Size 0.61 Acres
Taxes $5,125
Type Multi-Family
Days on Market 5659 Days
Tax Year 2010
Units 4
Stories 2
Road Frontage 125
Annual Income $0
Style Other
Water Frontage
Annual Expenses $6,461
Finished 3,120 Sqft
Construction Existing
Zoning Residential
Above Grade 3,120 Sqft
Seasonal No
Total Rooms 8
Below Grade 0 Sqft
List Date Dec 6th, 2010
Gross Income $0
Operating Expenses $6,461
Net Income $28,500
Expenses Includes
Unit 1 2 Beds, 1 Baths, 760 SqFt, $600/Mo
Unit 2 2 Beds, 1 Baths, 760 SqFt, $600/Mo
Unit 3 2 Beds, 1 Baths, 760 SqFt, $600/Mo
Unit 4 2 Beds, 1 Baths, 760 SqFt, $600/Mo
ConstructionTimberframe
BasementAssigned Storage, Exterior Stairs, Full, Locked Storage Space, Storage Space, Walk Out
Interior Features
Exterior Features
Exterior Vinyl
Disability Features 1st Floor Full Bathrm, Bathrm w/Tub, One-Level Home
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