NOT LISTED FOR SALE

19 1/2 Elm St Proctor, VT 05765

5 Beds
3 Baths
2,304 Sq Ft
0.29 Acres

Last Sold September 28, 2017

Last sale price $129,000 $56 Per Sq Ft

202 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding
  • Enclosed patio or porch
  • Level Lot

About This Home

As of September 2017

Great investment with a current Cap Rate of 12%~unique configuration with the left side having the first and second floor for living area, while the right side has 2 one bedroom apartments(one on the first floor and the other on the second)~this could be the perfect situation for the buyer who desires to have three bdrms, large living room, spacious kitchen w. separate dining area and pantry while collecting rent from the other two units to make this a very affordable living arrangement~Apartment one rents for $850 and includes heat and hot water~apartment 2 rents for $625 and heat and hot water are included~apartment 3 rents for $625 and includes heat/hot water/electricity~ solid basement~two driveways offer plenty of parking~large back yard

Last Listed By

Lauren Hughes

Casella Real Estate Listed on: 01/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • Dirt Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Enclosed patio or porch

Schools

  • Proctor Elementary School
  • Proctor Jr/Sr High Middle School
  • Proctor Jr/Sr High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Liquid Propane Gas Water Heater

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $16,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,519

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Gorham Bridge Road to Elm Street~property on the left
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 55.99
  • Year Built: 1900
  • Remarks Public: Great investment with a current Cap Rate of 12%~unique configuration with the left side having the first and second floor for living area, while the right side has 2 one bedroom apartments(one on the first floor and the other on the second)~this could be the perfect situation for the buyer who desires to have three bdrms, large living room, spacious kitchen w. separate dining area and pantry while collecting rent from the other two units to make this a very affordable living arrangement~Apartment one rents for $850 and includes heat and hot water~apartment 2 rents for $625 and heat and hot water are included~apartment 3 rents for $625 and includes heat/hot water/electricity~ solid basement~two driveways offer plenty of parking~large back yard
  • List Agent: 21879
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 2304
  • Sq Ft - Apx Unfinished BG: 1152

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Wood Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Covered, Porch - Enclosed

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Oil
  • Heating: Forced Air, Hot Air

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Proctors School District
  • Elementary School: Proctor Elementary School
  • Middle School: Proctor Jr/Sr High School
  • High School: Proctor Jr/Sr High School
  • Elementary School: Proctor Elementary School
  • High School: Proctor Jr/Sr High School

Lot Info

  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: multi/residential
  • Deed Book: 106
  • Deed Page: 189
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 25200
  • Net Income: 16640
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 2518.92
  • Tax Year: 2017

MLS Schools

  • School District: Proctors School District
  • School Middle Jr: Proctor Jr/Sr High School

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/28/2017 09/28/17 Sold $129,000 -4.4% $56 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $134,900 -- $59 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lauren Hughes

    Seller's Agent in 2017

    Lauren Hughes

    Casella Real Estate

    (802) 772-7487

    2 Total Sales

    Lauren Hughes
    Section Image
  • Lisa Hughes

    Buyer's Agent in 2017

    Lisa Hughes

    Four Seasons Sotheby's Int'l Realty

    (802) 236-1793

    76 Total Sales

    Lisa Hughes
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4616626

PrimeMLS

Vermont Rutland County Proctor 05765

19 1/2 Elm St, Proctor, VT

Homes for Sale in Proctor, VT

This home is located at 19 1/2 Elm St, Proctor, VT 05765 since 31 January 2017. This property was built in 1900. 19 1/2 Elm St is a home located in Rutland County with nearby schools including Proctor Elementary School and Proctor Junior/Senior High School.

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.

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