38-40 Ritchie Avenue Milton, Vermont - Sold in 2018

38-40 Ritchie Avenue Milton, Vermont 05468 MLS# 4674338

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Sold Status

$232,000 Sold Price

Multi Type

4 Beds

2 Baths

1,737 Sqft

Listed By Nick Riina of 802 Real Estate
Sold By KW Vermont
✉ 🖶

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38-40 Ritchie Avenue

Chittenden County Investment Opportunity - side by side townhouse style duplex with ample parking located on a quiet street. Both units feature 2 bedrooms, private entrances, 1 full bath, and two stories of living. The kitchens are large enough to accomadate a dining room table with a private side deck. Recent upgrades include vinyl plank flooring and newer bathrooms. Private backyard, each unit rents for $1,150 per month with separate heat and electricity. 7.38% cap rate. †

Property Location

38-40 Ritchie Avenue Milton

Property Details

Sold Price  $232,000 Sold Date  Mar 13th, 2018
List Price  235,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1981
MLS#  4674338 Lot Size  0.29 Acres Taxes $4,165
Type  Multi-Family Days on Market  3072 Days Tax Year 2018
Units  2 Stories  2 Road Frontage  20
Annual Income  $0 Style  Duplex, Raised Ranch Water Frontage  
Annual Expenses  $0 Finished  1,737 Sqft Construction  No, Existing
Zoning   R1 Above Grade  873 Sqft Seasonal  No
Total Rooms  4 Below Grade  864 Sqft List Date  Jan 24th, 2018
Gross Income  $0 Operating Expenses  $0 Net Income  $27,600
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 864 SqFt, $1,150/Monthly Unit 2   2 Beds, 1 Baths, 864 SqFt, $1,150/Monthly
ConstructionWood Frame
BasementInterior, Full
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Block House Color  yellow
Floors   Building Certifications  
Roof  Shingle HERS Index  
Directions189 to Exit 17, take Route 7 north for 5.4 miles, Ritchie Ave on your left, property on your left - see sign.
Lot DescriptionYes, Subdivision
Garage & Parking  No, ,
Road Frontage  20 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  R1
School District  Milton Middle  Milton Jr High School
Elementary  Milton Elementary School High  Milton Senior High School
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Wall Furnace Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  396-123-13992
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† The remarks published on this webpage originate from Listed By Nick Riina of 802 Real Estate 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.