49 VT Route 15 Jericho, Vermont 05465 MLS# 4767626

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Sold Status

$505,000 Sold Price

Multi Type

8 Beds

4 Baths

3,120 Sqft

Listed By Theresa Ferrara of Coldwell Banker Hickok & Boardman - (802)846-9585
Sold By Brian French Real Estate
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Jericho

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49 VT Route 15

Don't miss out on this great investment opportunity! Centrally located in Jericho, this four unit, multifamily property is bursting with potential. Each unit features two bedrooms and a full bath. Three of the four units have recent updates throughout, including the kitchen, bathroom, flooring, and more. Property has an efficient heating system with landlord paying heat and water. Each unit is equip with allotted basement storage space. Recent upgrades include a new furnace, new siding, and new windows. A large driveway, big backyard, and on-site laundry are additional perks. This desirable rental is in close proximity to many local amenities, including Joe's snack bar, Jericho Cafe and Tavern, and more. Tremendous opportunity awaits in this income-producing property! Owner is a licensed Realtor.

Property Location

49 VT Route 15 Jericho

Property Details

Sold Price  $505,000 Sold Date  Dec 3rd, 2019
MLS#  4767626 Bedrooms  8 Garage Size   Car
List Price  510,000 Total Bathrooms  4 Year Built  1969
Type  Multi-Family Lot Size  0.5100 Acres Taxes $7,484
Units  4 Stories  2 Road Frontage  
Annual Income  $58,900 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  3,120 Sqft Construction  No, Existing
Zoning   R4 Above Grade  1,560 Sqft Seasonal  No
Total Rooms  8 Below Grade  1,560 Sqft List Date  Jul 29th, 2019
Gross Income  $58,900 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 750 SqFt, $1,250/Monthly Unit 2   2 Beds, 1 Baths, 750 SqFt, $1,250/Monthly
Unit 3   2 Beds, 1 Baths, 750 SqFt, $1,250/Monthly Unit 4   2 Beds, 1 Baths, 750 SqFt, $1,150/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Storage Space, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Block House Color  Tan
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRoute 15 to Jericho, property is right next to Joe's Snack Bar.
Lot Description, Corner
Garage & Parking  No, , , Unpaved, On Site, 6+ Parking Spaces
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  R4
School District  NA Middle  Browns River Middle USD #17
Elementary  Jericho Elementary School High  Mt. Mansfield USD #17
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  1000 Gallon, Septic Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co  Comcast Documents  Deed, Tax Map
Electric  Circuit Breaker Tax ID  333-103-11370
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