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272-310 West Shore Road Salisbury, Vermont 05769

$205,000 Price
Multi Type
5 Beds
3 Baths
1,972 Sqft

Listed By The Malley Group of KW Vermont

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Property Location

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Call: (802) 863-8816
NMLS# 49592

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Addison County

Addison County is situated in the gently rolling countryside of farms and woodlands in the lower Champlain Valley. Bordered by the Adirondacks to the west and the Green Mountains to the east there is something to do throughout all four seasons....

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Multi-Family Home

Investors take note! Three homes on one, 3 acre parcel currently collectively rented for $2,150 per month and a 10% cap rate. All three homes have new siding and windows, and the septic systems that service the properties have been replaced. With a long rental history, major improvements over the years, and an outstanding location, this is an opportunity you must see. Two units have leases in place and the third, larger unit is currently in a month to month agreement, providing some flexibility and immediate income upon closing. To complete the package, tenants currently pay all utilities and the landlord pays for lawn and snow maintenance. Don't miss out on this amazing income opportunity! Delayed showings begin 11/11/19

Essentials

MLS#  4784646 Bedrooms  5 Garage Size   Car
List Price  205,000 Total Bathrooms  3 Year Built  1946
Type  Multi-Family Lot Size  3.0000 Acres Taxes $3,643
Units  3 Stories  1 Road Frontage  600
Annual Income  $19,957 Style  Cottage/Camp, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  1,972 Sqft Construction  No, Existing
Zoning   R1 Above Grade  1,972 Sqft Seasonal  No
Total Rooms   Below Grade  0 Sqft List Date  Nov 7th, 2019

Expenses

Total Expenses  $0 Insurance  $0
Water & Sewer  $0 Taxes  $0
Trash  $0 Miscellaneous  $0
Maintenance  $0 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   2 Beds, 1 Baths, 900 SqFt, $850/Monthly Unit 2   2 Beds, 1 Baths, 540 SqFt, $800/Monthly
Unit 3   1 Beds, 1 Baths, 432 SqFt, $600/Monthly

Building/Construction

ConstructionWood Frame
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Block, Post/Piers House Color  Beige
Floors  Vinyl, Carpet, Softwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  

Property

Lot DescriptionUnknown, Trail/Near Trail, Water View, Water View
Garage & Parking  No, , , Off Street, Off Street
Road Frontage  600 Water Access  
Driveway  Common/Shared, Other Water Type  Lake
Flood Zone  Unknown Water Body  
Zoning  R1

Schools

School District  Addison Central Middle  
Elementary  Salisbury Community School High  

Utilities & Other

Heat Fuel  , Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Septic, Pump Up, Private, Concrete, Septic Design Available Parcel Access ROW  
Water  Drilled Well, Private ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  On-Site Tax ID  561-177-10440
DirectionsFrom Middlebury south on Route 7. Left onto Route 53. Right onto West Shore. Homes on right prior to lake.
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† The remarks published on this webpage originate from The Malley Group of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. 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.