NOT LISTED FOR SALE

107 Depot St Jeffersonville, VT 05464

Estimated Value: $404,257

8 Beds
4 Baths
2,496 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $345,000 $138 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,574/month

19 Days on Market

Highlights

  • Baseboard Heating
  • Partially Fenced Property
  • Carpet
  • High Speed Internet
  • Walk-Up Access
  • 4-minute walk to Jeffersonville Historic District

About This Home

As of June 2022

Unique investment opportunity in the heart of Jeffersonville! This 4-unit building is fully occupied with a nearly 6% cap rate with an upside on rents. All units are similar floor plans with 2 bedrooms, 1 bath. Coin-op laundry and locked storage in the basement. Plenty of off-street parking for all. Shared backyard for relaxing, entertaining, or gardens. Dead end street with minimal traffic plus tenants love the easy access to restaurants, Rail Trail bike path, and all town amenities. 8 minute drive to Smuggler's Notch for year-round recreation! New roof within the past 2 years. Perfect investment for skiers, mountain lovers, and more!

Last Agent to Sell the Property

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 04/19/2022

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Lipkin Audette Team

Coldwell Banker Hickok and Boardman Listed on: 04/19/2022

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Partially Fenced Property
  • Lot Sloped Up

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,496 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Dirt Driveway

Schools

  • Cambridge Elementary School
  • Lamoille Middle School
  • Lamoille Uhsd #18 High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Tank Underground
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,945
  • Gross Income $39,204
  • Net Operating Income $23,259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Route 15 east through Cambridge into Jeffersonville, right onto Depot Street, see sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 138.22
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3744
  • Sq Ft - Apx Total Finished: 2496
  • Year Built: 1978
  • Remarks Public: Unique investment opportunity in the heart of Jeffersonville! This 4-unit building is fully occupied with a nearly 6% cap rate with an upside on rents. All units are similar floor plans with 2 bedrooms, 1 bath. Coin-op laundry and locked storage in the basement. Plenty of off-street parking for all. Shared backyard for relaxing, entertaining, or gardens. Dead end street with minimal traffic plus tenants love the easy access to restaurants, Rail Trail bike path, and all town amenities. 8 minute drive to Smuggler's Notch for year-round recreation! New roof within the past 2 years. Perfect investment for skiers, mountain lovers, and more!
  • List Agent: 282798
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Rooms Above Ground: 16
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete Floor, Full, Storage - Assigned, Sump Pump, Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 2496
  • Sq Ft - Apx Unfinished BG: 1248

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt, Gravel
  • Exterior: Vinyl
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial

Garage/Parking

  • Parking: Driveway

Utilities

  • Cable Company: Stowe Cable
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler, Owned
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Electric Company: Green Mountain Power
  • Separate Utilities: Varies
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 5
  • Trash: Dumpster
  • Utilities: Internet - Cable, Oil Tank - Underground

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Cambridge Elementary
  • Middle School: Lamoille Middle School
  • High School: Lamoille UHSD #18
  • Elementary School: Cambridge Elementary
  • High School: Lamoille UHSD #18

Lot Info

  • Village/District/Locale: Jeffersonville
  • Lot Sq Ft: 17424
  • Lot Acres: 0.4
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 450
  • Deed Page: 298-299
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39204
  • Net Income: 23259
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 4282.17
  • Tax Year: 2021

MLS Schools

  • School Middle Jr: Lamoille Middle School

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
06/22/2022 06/22/22 Sold $345,000 -11.3% $138 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $389,000 -- $156 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,051 $201,000 $47,500 $153,500
2023 $3,485 $201,000 $47,500 $153,500
2022 $4,318 $194,600 $47,500 $147,100
2021 $4,282 $194,600 $47,500 $147,100
2020 $4,220 $194,600 $47,500 $147,100
2019 $4,055 $194,600 $47,500 $147,100
2018 $3,866 $194,600 $47,500 $147,100
2017 $3,691 $194,600 $47,500 $147,100
2016 $3,736 $194,600 $47,500 $147,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4905791

PrimeMLS

APN: 123-038-11741