45 Pearl Street Grand Isle, Vermont 05458 MLS# 4831732

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Sold Status

$332,000 Sold Price

House Type

3 Beds

2 Baths

1,700 Sqft

Listed By Michael Ryan of Apple Island Real Estate
Sold By Rossi & Riina Real Estate
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Grand Isle County

45 Pearl Street

Opportunities Abound! Newly renovated duplex in the heart of Grand Isle. This 2 story home sits on 13 acres of level open land. Both units have new flooring and paint throughout. The 1st floor apt is 952 sq ft with 2 large bedrooms, 1 bath, basement access and a large deck. The 2nd floor unit is 748 sg ft with 1 bedroom, 1 bath and great views of the property. There is also a 1688 sg ft barn to store all your toys and equipment. Preliminary engineering shows that the soils will support a 4 lot subdivision for 3 and 4 bedroom homes each with 3-5 acres of land. This property could be used solely as an income generating rental or live in 1 and rent the 2nd unit to cover costs while you build your dream home or subdivide to create 3 more dream homes. This property could also be converted back to a 3 bedroom, 2 bath Cape. Rental income in the past has generated over $2000/mo. Seller is currently working to obtain necessary local permits for the subdivision. Too much land? The seller is also willing to sell the home on 2 acres and retain the remaining 11 acres. Engineers sketch plans are available or bring your own vision for the neighborhood. Don't miss out on this rare opportunity!

Property Location

45 Pearl Street Grand Isle

Property Details

Sold Price  $332,000 Sold Date  Nov 16th, 2020
List Price  $369,000 Total Rooms  7 List Date  Oct 1st, 2020
MLS#  4831732 Lot Size  13.000 Acres Taxes $4,615
Type  House Stories  2 Road Frontage  768
Bedrooms  3 Style  Duplex Water Frontage  
Full Bathrooms  2 Finished  1,700 Sqft Construction  No, Existing
3/4 Bathrooms  0 Above Grade  1,700 Sqft Seasonal  No
Half Bathrooms  0 Below Grade  0 Sqft Year Built  1988
1/4 Bathrooms  0 Garage Size   Car County  Grand Isle
Interior Features
Equipment & AppliancesRefrigerator, Range-Electric
Kitchen  1st Floor Living Room  2nd Floor Bedroom  1st Floor
Bedroom  1st Floor Kitchen  2nd Floor Living Room  2nd Floor
Bedroom  2nd Floor
ConstructionTimberframe
BasementInterior, Unfinished, Concrete
Exterior FeaturesBarn
Exterior  Vinyl Siding Disability Features  
Foundation  Concrete House Color  white
Floors  Vinyl, Carpet Building Certifications  
Roof  Metal HERS Index  
DirectionsTake RT 2 to Grand Isle, turn on to Pearl St. Proceed about 1/2 mile and the property is on the left.
Lot DescriptionUnknown, Pasture, Level, Fields, Country Setting
Garage & Parking  , , Off Street, On-Site
Road Frontage  768 Water Access  
Suitable UseDevelopment Potential Water Type  
Driveway  Dirt, Common/Shared Water Body  
Flood Zone  Unknown Zoning  residential
School District  Grand Isle School District Middle  
Elementary  Grand Isle School High  Choice
Heat Fuel  Oil Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  1000 Gallon Parcel Access ROW  
Water  Drilled Well ROW for Other Parcel  
Water Heater  Electric, Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker(s), 200 Amp Tax ID  255-081-10085
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† The remarks published on this webpage originate from Listed By Michael Ryan of Apple Island Real Estate 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.