NOT LISTED FOR SALE

167 S Main St Montgomery, VT 05471

8 Beds
7 Baths
4,310 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: November 5, 2021

Last sale price $369,500 $86 Per Sq Ft

17 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • Montgomery Center School Rated 10
  • High Speed Internet

About This Home

As of November 2021

A great opportunity to own Well maintained 7 unit apartment building with established tenants and good cash flow. Located in the Quaint Village of Montgomery and walking distance to most amenities! Jay Peak Ski & Water Park only minutes away.

Last Agent to Sell the Property

Armand Jr Chevrier

VT Turnkey Realty LLC License #081.0134013 Listed on: 08/17/2021

Last Buyer's Agent

Don Marcelino

The Marcelino Team License #081.0002250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,604

Year Built

  • Built in 1880

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 4,310 Sq Ft Home
  • 3-Story Property
  • Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $18,446
  • Gross Income $68,880
  • Net Operating Income $50,434

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,604

Year Built

Built in 1880

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level, Tri-Level
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 85.73
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5207
  • Sq Ft - Apx Total Finished: 4310
  • Year Built: 1880
  • List Agent: 25981
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, No Tenant Access
  • Sq Ft - Apx Finished AG: 4310
  • Sq Ft - Apx Unfinished BG: 897

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal

Garage/Parking

  • Parking: Assigned, Off Street, On-Site

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: On-Site Septic Exists
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 8
  • Utilities: Cable - Available, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: Level, Sidewalks
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 69
  • Deed Page: 124
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 68880
  • Net Income: 50434
  • Total Units: 7
  • Total1 Bedroom Units: 7

Tax Info

  • Tax Gross Amount: 5603.66
  • Tax Year: 2021

MLS Schools

  • School District: Montgomery School District
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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
11/05/2021 11/05/21 Sold $369,500 -5.2% $86 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $389,900 -- $90 / 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 -- $263,900 $25,500 $238,400
2023 -- $263,900 $25,500 $238,400
2022 $5,477 $263,900 $25,500 $238,400
2021 $5,604 $263,900 $25,500 $238,400
2020 $6,171 $263,900 $25,500 $238,400
2019 $5,404 $263,900 $25,500 $238,400
2018 $5,205 $263,900 $25,500 $238,400
2017 $5,189 $263,900 $25,500 $238,400
2016 $5,047 $263,900 $25,500 $238,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4878152

PrimeMLS
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