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Washington County
A unique and lucrative 9-unit investment property located just 5 minutes from downtown Waterbury. The lot consists of 31 acres and permits are available for an additional stand alone building with three 2 bedroom apartments. The barn, with 6 units, was fully renovated starting in 2000 and the apartments are comfortable and inviting with exposed beams, great light and modern finishes. The farmhouse, also renovated, consists of 2/2 bedroom large units and a one bedroom unit. Additional features include secure storage units for each apartment, a shared coin-op laundry room, newer boilers and water heater. This is a rare opportunity to own a stable income producing asset with a quiet country setting, open garden space, plenty of parking and long term tenants. Take advantage of the income from a well maintained and easy to manage property in a highly desirable location. Easy commute to Burlington or Montpelier, and close to many recreational activities. Property was withdrawn previously because Seller wanted to wait to close until 2023. †
Property Location
Property Details
| MLS# 4908277 | Bedrooms 13 | Garage Size Car |
|---|---|---|
| List Price 1,300,000 | Total Bathrooms 8 | Year Built 1851 |
| Type Multi-Family | Lot Size 31.2600 Acres | Taxes $13,546 |
| Units 9 | Stories 2 | Road Frontage 328 |
| Annual Income $128,760 | Style Farmhouse | Water Frontage |
| Annual Expenses $0 | Finished 6,432 Sqft | Construction No, Existing |
| Zoning Rural ag., forest rec | Above Grade 6,432 Sqft | Seasonal No |
| Total Rooms 13 | Below Grade 0 Sqft | List Date May 5th, 2022 |
