$192,000
SOLD MAR 2, 2020

106 Frost St Guilford, VT 05301

8 Beds
4 Baths
4,176 Sq Ft
0.31 Acres

Recently Sold

$46 Per Sq Ft

4% Below List Price

197 Days on Market

Highlights

  • Softwood Flooring
  • Zoned Heating
  • Baseboard Heating
  • Covered patio or porch
  • Outdoor Storage
  • High Speed Internet

About This Home

As of January 2024

This 4 family home was designed as such with 4 duplicate 2 bedroom units and plenty of off street parking within walking distance to downtown Brattleboro. The building has had many recent energy efficiency upgrades by the owner and SEVCA including: attic insulation, high density foam insulation on basement walls, vapor barrier on basement floor and a updated oil HWBB boiler. Electric is separately metered. Each unit has an attached storage area in the rear. Other features include: Hardwood floors, spacious rooms with tall ceilings, slate roof, covered porches and a private back yard. Rent Roll is below market value for the units. Priced well below town assessment. A solid income property currently listed at a CAP rate of 10 but room to increase income ratio!

Last Agent to Sell the Property

Chris Long

BHG Masiello Brattleboro License #082.0005779 Listed on: 07/03/2019

BHG Masiello Brattleboro

Last Buyer's Agent

Chris Long

BHG Masiello Brattleboro License #082.0005779 Listed on: 07/03/2019

BHG Masiello Brattleboro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 0.31 Acre Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Softwood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • High Speed Internet
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $20,554
  • Gross Income $40,200
  • Net Operating Income $19,646

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Main Street to Flat Street to Frost Street. Property on left just past Cersosimo Lumber yard.
  • Flood Zone: Unknown
  • Assessment Amount: 210670
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 45.98
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6600
  • Sq Ft - Apx Total Finished: 4176
  • Year Built: 1899
  • Remarks Public: This 4 family home was designed as such with 4 duplicate 2 bedroom units and plenty of off street parking within walking distance to downtown Brattleboro. The building has had many recent energy efficiency upgrades by the owner and SEVCA including: attic insulation, high density foam insulation on basement walls, vapor barrier on basement floor and a updated oil HWBB boiler. Electric is separately metered. Each unit has an attached storage area in the rear. Other features include: Hardwood floors, spacious rooms with tall ceilings, slate roof, covered porches and a private back yard. Rent Roll is below market value for the units. Priced well below town assessment. A solid income property currently listed at a CAP rate of 10 but room to increase income ratio!
  • List Agent: 10593
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Combination, Carpet, Hardwood, Softwood, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Full, Exterior Access
  • Sq Ft - Apx Finished AG: 4176
  • Sq Ft - Apx Unfinished AG: 336
  • Sq Ft - Apx Unfinished BG: 2088

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Concrete, Fieldstone
  • Road Frontage: Yes
  • Roads: Paved
  • Roof: Slate
  • Features Exterior: Porch - Covered, Storage

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 6+

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable, High Speed Intrnt -Atsite, Internet - Cable, Multi Phone Lines, Telephone At Site

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 13504
  • Lot Acres: 0.31
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: RM
  • Deed Book: 416
  • Deed Page: 277
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 40200
  • Net Income: 19646
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 5878.96
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $310,000 -1.6% $74 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/20/2023 10/20/23 Price Changed $315,000 -4.5% $75 / Sq Ft
09/21/2023 09/21/23 Price Changed $329,900 -10.6% $79 / Sq Ft
08/16/2023 08/16/23 For Sale $369,000 +92.2% $88 / Sq Ft
03/02/2020 03/02/20 Sold $192,000 -4.0% $46 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
07/03/2019 07/03/19 For Sale $199,900 -- $48 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4762612

PrimeMLS