$239,000
$10K PRICE DROP

14 Elm Ave Richford, VT 05476

Estimated payment $1,722/month

Total Views 23,124
8 Beds
3 Baths
3,177 Sq Ft
$75 Price per Sq Ft

Highlights

  • Trails
  • Brick Driveway
  • Walk-Up Access
  • High Speed Internet
  • Wood Siding

About This Home

3 unit apartment building in the hill section of Richford. This property offers great return on investment and could make a great opportunity. The first floor unit has has extensive updates. All three units are occupied with all rental agreements going month to month in Aug 2024. This building could be a great owner occupied option as the first floor apartment could be used as a 3 br. Come take a look.

Listing Agent

Shawn Cheney

EXP Realty Brokerage Phone: 802-782-0400 License #081.0133978 Listed on: 11/10/2023

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2.5-Story Property
  • Walk-Up Access

Parking

  • 510 Car Parking Spaces
  • Stone Driveway
  • Brick Driveway

Schools

  • Richford Elementary School
  • Richford Jr/Sr High Middle School
  • Richford Senior High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Recreation

  • Trails

Building Details

  • Operating Expense $9,475
  • Gross Income $40,800
  • Net Operating Income $31,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,962

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Active
  • Directions: From Route 105/Main Street, cross the bridge and turn right onto Province Street, take the first left onto Church Street, Church turns right and becomes Elm Avenue, house is on the right.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 75.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4362
  • Sq Ft - Apx Total Finished: 3177
  • Year Built: 1900
  • Remarks Public: 3 unit apartment building in the hill section of Richford. This property offers great return on investment and could make a great opportunity. The first floor unit has has extensive updates. All three units are occupied with all rental agreements going month to month in Aug 2024. This building could be a great owner occupied option as the first floor apartment could be used as a 3 br. Come take a look.
  • List Agent: 3669
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Sidewalks, Trail/Near Trail
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Owned
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 3177
  • Sq Ft - Apx Unfinished BG: 1185

Exterior Features

  • Driveway: Brick/Pavers, Crushed Stone
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roof: Metal, Standing Seam
  • Construction Type: Wood Frame, Wood Exterior

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Cable Company: Xfinity
  • Electric: Circuit Breaker(s)
  • Fuel Company: Fred's Energy
  • Sewer: Public
  • Heating: Propane, Oil, Hot Air
  • Electric Company: Vt Co-op
  • Utilities: Cable - At Site
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Franklin Northwest
  • Elementary School: Richford Elementary School
  • Middle School: Richford Jr/Sr High School
  • High School: Richford Senior High School
  • Elementary School: Richford Elementary School
  • High School: Richford Senior High School

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 140
  • Deed Page: 641-642
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 40800
  • Net Income: 31324.83
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4961.87
  • Tax Year: 2023

MLS Schools

  • School District: Franklin Northwest
  • School Middle Jr: Richford Jr/Sr High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- $270,800 $22,500 $248,300
2023 -- $270,800 $22,500 $248,300
2022 $4,253 $175,900 $16,500 $159,400
2021 $4,231 $175,900 $16,500 $159,400
2020 $4,174 $175,900 $16,500 $159,400
2019 $4,035 $175,900 $16,500 $159,400
2018 $4,171 $175,900 $16,500 $159,400
2017 $3,937 $175,900 $16,500 $159,400
2016 $3,871 $175,900 $16,500 $159,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Price Changed $239,000 -4.0% $75 / Sq Ft
11/10/2023 11/10/23 For Sale $249,000 +151.3% $78 / Sq Ft
05/28/2019 05/28/19 Sold $99,071 -11.9% $31 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $112,500 -- $35 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 4977420

PrimeMLS

APN: 516-162-10182