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Great 4-unit opportunity for the savvy investor. Located in a great school system, and on a large lot this property is fully rented with long term tenants. It offers a good cap rate and practically runs itself. Don't kick yourself for missing this opportunity. †
Property Location
4 Clara Hill Lane Essex
Property Details
Sold Price $386,000
Sold Date May 6th, 2016
MLS# 4463229
Bedrooms 8
Garage Size 0 Car
List Price 380,000
Total Bathrooms 4
Year Built 1979
Type Multi-Family
Lot Size 1.3700 Acres
Taxes $4,989
Units 4
Stories 1/1/1900
Road Frontage 260
Annual Income $0
Style Other
Water Frontage
Annual Expenses $9,100
Finished 3,360 Sqft
Construction No, Existing
Zoning Residential
Above Grade 1,680 Sqft
Seasonal No
Total Rooms 8
Below Grade 1,680 Sqft
List Date Dec 9th, 2015
Gross Income $0
Operating Expenses $9,100
Net Income $46,080
Expenses Includes
Unit 1 2 Beds, 1 Baths, $960/Mo
Unit 2 2 Beds, 1 Baths, $960/Mo
Unit 3 2 Beds, 1 Baths, $960/Mo
Unit 4 2 Beds, 1 Baths, $960/Mo
ConstructionWood Frame
BasementApartments, Slab
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Concrete
House Color
Floors Vinyl, Carpet
Building Certifications
Roof Shingle-Asphalt
HERS Index
DirectionsFollow 2A to VT 289 E. Turn left on to VT 15E, turn right to stay on 15E. Take a slight right onto Sandhill Rd. Turn right onto Claire Hill Lane, property is on the right.
Lot DescriptionLevel, Country Setting, Rural Setting
Garage & Parking No, 1-10 Spaces, Off Street
Road Frontage 260
Water Access
Driveway Gravel
Water Type
Flood Zone No
Water Body
Zoning Residential
School District Essex Town School District
Middle Essex Middle School
Elementary Essex Elementary School
High Essex High
Heat Fuel Gas-Natural
Excluded
Heating/Cool Space Heater
Negotiable
Sewer Septic
Parcel Access ROW
Water Public
ROW for Other Parcel
Water Heater Electric
Financing All Financing Options
Cable Co
Documents Deed, Lease Agreements
Electric Circuit Breaker, 220 Plug
Tax ID 207-067-10165
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† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont 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.