Sold Status
$155,500 Sold Price
Multi Type
5 Beds
3 Baths
2,889 Sqft
Sold By
Similar Properties for Sale
Request a Showing or More Info
Call: 802-863-1500
Mortgage Provider
Mortgage Calculator
$
$ Taxes
$ Principal & Interest
$
This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.
Lamoille County
This amazingly tidy investment or owner occupied TRIPLEX has the opportunity to earn you a 26% return on your investment at current rents. Starting in June 2018, you can expect an extra $400 (increase in rents) raising your potential profits to 35% (cash on cash) with a CAP rate of 13.3%. And don't forget the positive cash flow is just 1 of 4 ways you earn through rental real estate ownership. Looking to owner occupy? We'll show you how with just 3.5% down you could live in this home for free AND EARN $290/month. This home is not only an amazing cash flow opportunity - it also has amazing historical value. It's the 2nd oldest building in town and was moved from a different location. Charm throughout with original woodwork and hand-hewn beams. At that time the basement was dug and poured with concrete to provide an amazing lower level apartment. No detail has been left untouched with convenient vinyl siding, rain gutters, new porch roof and new highly efficient heating system, costing just $1,500/year to heat all units. These spacious, bright units are easy to rent and are very well maintained. Two 2 bedroom units on floor 1 and 2 and a very large 1 bedroom on the lower level complete with a private porch. Don't miss out on adding this to your real estate portfolio. They don't come this PROFITABLE and this CLEAN very often. †
Property Location
Property Details
Sold Price $155,500 | Sold Date May 22nd, 2018 | |
---|---|---|
MLS# 4673828 | Bedrooms 5 | Garage Size Car |
List Price 175,000 | Total Bathrooms 3 | Year Built 1850 |
Type Multi-Family | Lot Size 0.2300 Acres | Taxes $4,288 |
Units 3 | Stories 2 | Road Frontage |
Annual Income $0 | Style Apartment Building | Water Frontage |
Annual Expenses $0 | Finished 2,889 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,038 Sqft | Seasonal No |
Total Rooms 5 | Below Grade 851 Sqft | List Date Jan 20th, 2018 |