4001 Ethan Allen Highway Georgia, Vermont 05478 MLS# 4651756

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Sold Status

$375,800 Sold Price

Multi Type

8 Beds

5 Baths

4,545 Sqft

Listed By Jason Saphire of www.HomeZu.com
Sold By Element Real Estate
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Franklin County

4001 Ethan Allen Highway

This 4 unit building is a great opportunity for an investor or owner occupant. This property does qualify for an FHA loan that an owner occupant could use to be able to put down 3.5% and be able to live at no cost and end up with a paid for asset. The numbers also make sense for an investor. The location is great because there is a significant shortage of rental apartments and is in the district for Georgia Elementary, one of the best schools around with choice of high school. At the moment 3 of the 4 units are occupied with leases, there is a 2 bedroom unit that I am leaving vacant in case the buyer wants to occupy the building. If an investor is buying I am happy to have the last unit rented before sale.

Property Location

4001 Ethan Allen Highway Georgia

Property Details

Sold Price  $375,800 Sold Date  Jan 4th, 2018
MLS#  4651756 Bedrooms  8 Garage Size   Car
List Price  395,000 Total Bathrooms  5 Year Built  1780
Type  Multi-Family Lot Size  4.0000 Acres Taxes $6,224
Units  4 Stories  3 Road Frontage  250
Annual Income  $0 Style  Apartment Building, Colonial, Multi-Family, Multi-Level Water Frontage  
Annual Expenses  $0 Finished  4,545 Sqft Construction  No, Existing
Zoning   Res Above Grade  4,545 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Aug 4th, 2017
Gross Income  $0 Operating Expenses  $0 Net Income  $53,856
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $850/Mo Unit 2   2 Beds, 1 Baths, $1,338/Mo
Unit 3   3 Beds, 2 Baths, $1,350/Mo Unit 4   2 Beds, 1 Baths, $1,000/Mo
ConstructionWood Frame, Post and Beam
BasementWalkout, Unfinished, No Tenant Access, Dirt
Interior Features
Exterior Features
Exterior  Masonite Disability Features  
Foundation  Stone, Post/Piers, Stone House Color  Beige
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsAcross the street from Town of Georgia Offices, in the middle of Georgia Center on Rt 7
Lot DescriptionNo, Country Setting
Garage & Parking  No, , , Off Street, Off Street
Road Frontage  250 Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  No Water Body  
Zoning  Res
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  NONE Except for washer/Dryer located in Unit B. New Speed Queen Coin op is included in laundry room
Heating/Cool  None, Hot Air, Hot Air, Heat Included Negotiable  
Sewer  1500+ Gallon Parcel Access ROW  
Water  Drilled Well, Reverse Osmosis ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  Deed, Property Disclosure, Lease Agreements
Electric  200 Amp, Circuit Breaker Tax ID  237-076-11835
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† The remarks published on this webpage originate from Listed By Jason Saphire of www.HomeZu.com 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.