NOT LISTED FOR SALE

129 Webb St Bennington, VT 05201

12 Beds
4 Baths
5,400 Sq Ft
0.37 Acres

Last Sold February 09, 2024

Last sale price $286,000 $53 Per Sq Ft

14 Days on Market

About This Home

As of February 2024

Rare opportunity to own a 4 unit, 3-bedroom apartment building with a $24k annual cash flow! Improvements have been made over the past few years including some new windows and bathroom remodels. Fully rented, strong rental history. All tenants are current and want to stay. Tenants pay own heat, hot water, and electricity. Owner is also selling 4 unit next door together with a .26 parcel of land. See MLS# 4975920 for more details.

Last Agent to Sell the Property

Gabrielle Burdge

Hoffman Real Estate Brokerage Email: Brie@HoffmanVTRealEstate.com Listed on: 10/27/2023

Last Buyer's Agent

Vicki Wilson

Maple Leaf Realty License #082.0007215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,006

Year Built

  • Built in 1890

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 4 Full Bathrooms
  • 5,400 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Schools

  • Bennington Elementary School
  • Mt. Anthony Union Middle Sch
  • Mt. Anthony Sr. Uhsd 14 High School

Utilities

  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: All appliances belong to the tenants and are not included in this sale.

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,266
  • Gross Income $41,290
  • Net Operating Income $24,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,006

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family, Multi-Level
  • Construction: Existing
  • Items Excluded: All appliances belong to the tenants and are not included in this sale.
  • Total Stories: 2
  • Price Per Sq Ft: 52.96
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 8100
  • Sq Ft - Apx Total Finished: 5400
  • Year Built: 1890
  • List Agent: 12947
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Unfinished
  • Sq Ft - Apx Finished AG: 5400
  • Sq Ft - Apx Unfinished BG: 2700

Exterior Features

  • Construction: Masonry
  • Driveway: Gravel
  • Exterior: Brick
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Architectural
  • Easements: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned, Tank
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Separate Utilities: Yes
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Bennington Elementary School
  • High School: Mt. Anthony Sr. UHSD 14

Lot Info

  • Lot Sq Ft: 16117
  • Lot Acres: 0.37
  • Lot Description: Level
  • Zoning: Mix Res #2
  • Deed Book: 488
  • Deed Page: 45
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 41290
  • Net Income: 24024
  • Total Full Baths: 4
  • Total Units: 4
  • Total3 Plus Bedroom Units: 4

Tax Info

  • Tax Year Notes: 2023-2024
  • Tax Gross Amount: 7005.79
  • Tax Year: 2023

MLS Schools

  • School District: Southwest Vermont
  • School Middle Jr: Mt. Anthony Union Middle Sch
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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 List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $286,000 -14.6% $53 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $335,000 -- $62 / 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
2024 $7,493 $213,000 $17,200 $195,800
2023 $6,978 $213,000 $17,200 $195,800
2022 $5,427 $213,000 $17,200 $195,800
2021 $3,480 $213,000 $17,200 $195,800
2020 $5,317 $213,000 $17,200 $195,800
2019 $5,114 $213,000 $17,200 $195,800
2018 $5,022 $213,000 $17,200 $195,800
2017 $5,927 $213,000 $17,200 $195,800
2016 $4,890 $213,000 $17,200 $195,800
2015 -- $2,130 $0 $0
2014 -- $2,130 $0 $0
2013 -- $2,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4975921

PrimeMLS

APN: (015)51-55-30-00