Seller's Agent in 2024
Flex Realty Group
Flex Realty
(802) 399-2860
10 in this area
1,832 Total Sales
12 Parsonage Rd Starksboro, VT 05487
Estimated Value: $335,687
3
Beds
3
Baths
1,970
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Deck
- Covered Patio or Porch
- Pre-Wired for Renewables
- Corner Lot
- Landscaped
- Wood Siding
About This Home
As of September 2024Discover an exceptional investment opportunity with this well-maintained 3 unit building. This property offers three 1 bedroom/1 bathroom units, making it an ideal choice for savvy investors seeking consistent rental income and impressive returns. With its strategic location halfway between Burlington and Middlebury, excellent tenant history, and eco-friendly features, this apartment building presents an enticing prospect for both seasoned investors and home buyers struggling with low inventory trends. Another standout feature of this apartment building is its large landscaped yard, providing tenants with a beautiful outdoor space to relax and enjoy. In addition to its excellent location and tenant demand, this property boasts solar panels, which provide economical electricity to tenants, reduce their utility costs, and generate a revenue stream for the owner, enhancing the property's overall profitability and appeal to environmentally-conscious renters. Speaking of revenue streams, there is also a couple coin op washer/dryers in the basement common area for tenants to use. This apartment building is not just a property; it's a gateway to a lucrative investment opportunity. The combination of its prime location, strong tenant demand, and additional revenue streams makes it a compelling choice for investors looking to diversify their portfolio. The generous 11% cap rate further underscores its investment potential, making it a standout option in today's real estate market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,416
Year Built
- Built in 1850
Lot Details
- 1 Acre Lot
- Landscaped
- Corner Lot
- Level Lot
Parking
- Stone Driveway
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
Interior Spaces
- Property has 2 Levels
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- No Cooling
- Heating System Uses Propane
- Separate Meters
- Pre-Wired for Renewables
- 100 Amp Service
- Septic Tank
- Private Sewer
- Internet Available
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- Gross Income $41,520
- Net Operating Income $28,798
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Sep 17, 2024
Sold by
Barnett Autumn
Bought by
O'Connor Savanna and Hardiman Shane R
Seller's Agent
Flex Realty Group
Flex Realty
Buyer's Agent
Leah Eide
List Price
$258,000
Sold Price
$350,000
Premium/Discount to List
$92,000
35.66%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,313
Purchase Details
Closed on
Jun 1, 2018
Sold by
Norris Mathew A
Bought by
Barnett Autumn D
Purchase Details
Closed on
Sep 2, 2005
Sold by
Bickford Robert L and Bickford Oletha T
Bought by
Norris Mathew A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| O'Connor Savanna | $350,000 | -- | |
| Barnett Autumn D | -- | -- | |
| Barnett Autumn D | -- | -- | |
| Norris Mathew A | $132,000 | -- | |
| Norris Mathew A | $132,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $350,000 | +35.7% | $178 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $258,000 | -- | $131 / Sq Ft |
Source: PrimeMLS
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 |
|---|---|---|---|---|
| 2023 | $4,415 | $179,600 | $45,000 | $134,600 |
| 2022 | $0 | $179,600 | $45,000 | $134,600 |
| 2021 | $4,188 | $179,600 | $45,000 | $134,600 |
| 2019 | $0 | $179,600 | $45,000 | $134,600 |
| 2018 | $3,951 | $179,600 | $45,000 | $134,600 |
| 2017 | -- | $179,600 | $45,000 | $134,600 |
| 2016 | -- | $179,600 | $45,000 | $134,600 |
| 2015 | -- | $1,793 | $0 | $0 |
| 2014 | -- | $1,781 | $0 | $0 |
| 2013 | -- | $1,781 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Flex Realty Group
-
Leah Eide
Buyer's Agent in 2024
Leah Eide
(612) 618-8330
1 in this area
31 Total Sales
Map
Source: PrimeMLS
MLS Number: 5009063
APN: 615-193-10072
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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