734 Elmore Street Morristown, Vermont 05661 MLS# 4849586

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Sold Status

$230,000 Sold Price

Multi Type

5 Beds

3 Baths

2,336 Sqft

Listed By Graham Mink of Mink Realty
Sold By Coldwell Banker Carlson Real Estate
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Lamoille County

734 Elmore Street

Fully leased three unit building in wonderful Morrisville neighborhood! Building consists of two 2 bedroom units and one 1 bedroom unit. All three units currently occupied with excellent tenants who are respectful and pay their rent on time each month. There is a detached one car garage that is currently not being used and could be used by the new owner or rented out for additional income. Keep all three units rented for maximum income, move into one of the units to live for free, or convert the building back to a single family home. Plenty of options to consider! The building will be sold on a .3 acre lot and taxes are TBD but should be similar to their current amount. Subdivision is in progress and there will be a new single family home constructed behind this building in May with a fall completion date. Broker Owned.

Property Location

734 Elmore Street Morristown

Property Details

Sold Price  $230,000 Sold Date  Jul 16th, 2021
MLS#  4849586 Bedrooms  5 Garage Size  1 Car
List Price  239,000 Total Bathrooms  3 Year Built  1900
Type  Multi-Family Lot Size  0.3000 Acres Taxes $0
Units  3 Stories  2 Road Frontage  132
Annual Income  $31,020 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  2,336 Sqft Construction  No, Existing
Zoning   MDR Above Grade  2,336 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Mar 4th, 2021
Gross Income  $31,020 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $950/Monthly Unit 2   2 Beds, 1 Baths, $885/Monthly
Unit 3   1 Beds, 1 Baths, $750/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished, Concrete, Unfinished, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Block, Concrete, Fieldstone House Color  White
Floors   Building Certifications  
Roof  Membrane HERS Index  
DirectionsFrom center of Morrisville Village take VT RT12 South towards Elmore. Stay right at the Rt15- Rt12 intersection and drive .7 miles to driveway on the right. White building with red trim.
Lot DescriptionYes, Level
Garage & Parking  Yes, ,
Road Frontage  132 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  MDR
School District  Lamoille South Middle  Peoples Academy Middle Level
Elementary  Morristown Elementary School High  Peoples Academy
Heat Fuel  , Oil, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Direct Vent, Forced Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Owned, Owned Financing  
Cable Co   Documents  
Electric  100 Amp, Circuit Breaker Tax ID  414-129-11365
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† The remarks published on this webpage originate from Listed By Graham Mink of Mink Realty 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.