220/222 VT Route 15 Jericho, Vermont 05465 MLS# 5015094

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Under Contract Status

$1,100,000 List Price

Multi Type

8 Beds

8 Baths

4,864 Sqft

Listed By David Raphael of Artisan Realty of Vermont
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Jericho

220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15
220/222 VT Route 15

Great investment opportunity! Welcome to Jericho’s newest townhomes. A chance to own this four-unit development. Keep all four units as investment properties or keep some and sell the others. Condo conversion paperwork started. This project consists of 4 lovely light-filled units that were built in 2019. An open first floor plan includes a spacious kitchen, dining area, half bathroom, and large living room. A large slider steps out to a private deck and spacious back yard. Upstairs are two bedrooms with large closets and a full bathroom. The unfinished full basement provides laundry with an included washer and dryer and over 600 square feet of additional storage space. There is plenty of off-street parking, a raised bed garden area, and lots of room with the shared common acreage. Close to all that Jericho has to offer.

Property Location

220/222 VT Route 15 Jericho

Property Details

Contract Date  Nov 16th, 2024
List Price  1,100,000 Bedrooms  8 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  8 Year Built  2019
MLS#  5015094 Lot Size  1 Acres Taxes $16,000
Type  Multi-Family Days on Market  82 Days Tax Year 2024
Units  4 Stories  2 Road Frontage  236
Annual Income  $96,000 Style   Water Frontage  
Annual Expenses  $0 Finished  4,864 Sqft Construction  No, Existing
Zoning   R Above Grade  4,864 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Sep 19th, 2024
Gross Income  $96,000 Operating Expenses  $0 Net Income  $67,200
Expenses Includes 
Unit 1   2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly Unit 2   2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly
Unit 3   2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly Unit 4   2 Beds, 2 Baths, 1,216 SqFt, $2,000/Monthly
Construction
BasementInterior, Unfinished, Storage Space, Interior Stairs, Interior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Concrete House Color  Maroon
Floors  Vinyl Plank Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsRoute 15 heading toward Underhill, property is on the right just after Community Bank.
Lot Description
Garage & Parking  No
Road Frontage  236 Water Access  
Driveway  Paved, Common/Shared Water Type  
Flood Zone  No Water Body  
Zoning  R
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Individual, Hot Water Negotiable  
Sewer  On-Site Septic Exists Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  100 Amp, Circuit Breaker Tax ID  33325310947
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† The remarks published on this webpage originate from Listed By David Raphael of Artisan Realty of Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.