122-126 Railroad ST Milton, Vermont 05468 MLS# 3052473

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Sold Status

$255,900 Sold Price

Multi Type

7 Beds

3 Baths

2,973 Sqft

Listed By Warren Palm of BHHS Vermont Realty Group/S Burlington
Sold By BHHS Vermont Realty Group/S Burlington
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122-126 Railroad ST

Priced extremely well for owner occupied. House is connected to duplex but separated by a patio area. House built 1850, duplex built 1989. Decent rental history. Live in house or one of duplexs and nearly all your mortgage will be paid by tenants. Nice 1 acre lot. It could legally have a 4+ unit on it. Good cap rate for investor 8.7%. †

Property Location

122-126 Railroad ST Milton

Property Details

Sold Price  $255,900 Sold Date  Jul 24th, 2008
MLS#  3052473 Bedrooms  7 Garage Size  10 Car
List Price  255,900 Total Bathrooms  3 Year Built  1989
Type  Multi-Family Lot Size   Acres Taxes $5,207
Units  3 Stories   Road Frontage  177
Annual Income  $0 Style   Water Frontage  
Annual Expenses  $8,500 Finished  2,973 Sqft Construction  
Zoning   res Above Grade  2,973 Sqft Seasonal  
Total Rooms  7 Below Grade  0 Sqft List Date  Mar 19th, 2008
Gross Income  $0 Operating Expenses  $8,500 Net Income  $30,600
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,273 SqFt, $1,050/Mo Unit 2   2 Beds, 1 Baths, 850 SqFt, $750/Mo
Unit 3   2 Beds, 1 Baths, 850 SqFt, $750/Mo
Construction
Basement, Slab, Partial
Interior Features
Exterior Features
Exterior  Vinyl, T-111 Disability Features  
Foundation   House Color  White
Floors  Carpet Building Certifications  
Roof  Shingle-Fiberglass, Shingle-Architectural HERS Index  
DirectionsI89-Exit 17, north on Rte 7, right on Railroad St, just before traffic light. Stay on RR St, over tracks, property on right, 3 or 4 doors after tracks
Lot Description, , , Village
Garage & Parking  Yes, , , On Site
Road Frontage  177 Water Access  
Driveway  Gravel Water Type  
Flood Zone   Water Body  
Zoning  res
School District  NA Middle  Milton Jr High School
Elementary  Milton Elementary School High  
Heat Fuel  , Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  Individual, Baseboard, Individual, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  No
Water  Public ROW for Other Parcel  No
Water Heater  Gas-Lp/Bottle Financing  , Conventional, FHA
Cable Co  Comcast Documents  Deed, Property Disclosure, Plot Plan
Electric   Tax ID  
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† The remarks published on this webpage originate from Listed By Warren Palm of BHHS Vermont Realty Group/S Burlington 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.