Sold Status
$672,000 Sold Price
Multi Type
8 Beds
7 Baths
8,500 Sqft
Sold By Keller Williams Realty-Metropolitan
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4-unit multi-family home with a spacious 6500+ sq.ft to include the main home and 3 fully furnished income producing suites. Currently utilized as a single family home with approx. $58K annual rental revenue from the 3 suites and potential for much higher revenue by leasing out the main home. The main living quarters feature nearly 3600sq.ft with 3 bedrooms, 3.5 baths (each bedroom has its own bath), cathedral ceilings, 1st & 2nd floor primary bedroom suites, entry from the 3-car heated garage and access to the deck & gazebo area. Suite A is a studio with approx. 950sq.ft., Suite B offers approx. 1000sq.ft w/ 2 guest rooms, and Suite C (above garage) offers 1042sq.ft w/ 2 guest rooms, vaulted ceilings and a private balcony. All three suites have a great rental history (financials on file) with longer term tenants in Suites A&B and profitable short term rental history for Suite C. Each suite has its own washer/dryer and secured private living quarters that can also be unlocked for access between each unit for larger living areas if desired. This would be ideal for a large multi-generational household, in-law suites, home offices and/or B&B potential. Newer roof, radiant heated floors, mini-split AC units, whole house generator, secondary heat via a pellet boiler, storage sheds, pavilion, putting green & more. Unique opportunity to own this amazing property with exceptional landscaping and beautiful views overlooking Lake Memphremagog. Great deal to offer for the price! †
Property Location
Property Details
Sold Price $672,000 | Sold Date Oct 24th, 2024 | |
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List Price 699,000 | Bedrooms 8 | Garage Size 3 Car |
Cooperation Fee Unknown | Total Bathrooms 7 | Year Built 2002 |
MLS# 4990359 | Lot Size 1.05 Acres | Taxes $12,348 |
Type Multi-Family | Days on Market 251 Days | Tax Year 2024 |
Units 4 | Stories 1/2/1900 | Road Frontage 220 |
Annual Income $57,895 | Style | Water Frontage |
Annual Expenses $0 | Finished 8,500 Sqft | Construction No, Existing |
Zoning GR | Above Grade 6,564 Sqft | Seasonal No |
Total Rooms 8 | Below Grade 1,936 Sqft | List Date Apr 5th, 2024 |