NOT LISTED FOR SALE

2663 Vt Route 14 Williamstown, VT 05679

Estimated Value: $254,974 - $309,000

4 Beds
3 Baths
2,876 Sq Ft
$98/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $180,000 $63 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,792/month

145 Days on Market

Highlights

  • Countryside Views
  • Wood Flooring
  • Baseboard Heating
  • Deck
  • Covered Patio or Porch
  • High Speed Internet

About This Home

As of March 2021

Here is your opportunity to own a well-maintained 3-unit multi-family property on .25 +/- acres in the Vermont town of Williamstown! Located off the state-maintained VT Rte 14, the 3-unit 2876 SF multi-family building has undergone extensive renovations since the sellers acquired ownership in 2015. To revitalize this century old building, the sellers invested in many upgrades throughout including all new siding, ABC metal roofing, hardwood flooring, interior paint, Hickory cabinets & appliances in the kitchens, and utility upgrades in the basement. The multi-family residence consists of two rented 2-bedroom apartments and one rented studio apartment. The basement features a newly installed concrete floor, Buderus boiler, sump pump, spray foam throughout. Municipal water and sewer service the property. Substantial onsite parking available. The property is ideally located within walking distance of Dollar General and the greater business district; a great benefit to current and future tenants! Additionally, the property provides easy access to Norwich University, Montpelier, and downtown Barre for employment, entertainment, shopping, and amenities. Current tenants occupy respective apartments on a month-to-month basis. Simply a wonderful investment opportunity!

Last Agent to Sell the Property

Barbara Trousdale

Preferred Properties License #081.0085670 Listed on: 08/29/2020

Last Buyer's Agent

Barbara Trousdale

Preferred Properties License #081.0085670 Listed on: 08/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Countryside Views

Flooring

  • Wood
  • Ceramic Tile

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Williamstown Elementary School
  • Williamstown Middle/High Sch
  • Williamstown High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 3 Units
  • Choice Association

Building Details

  • Operating Expense $11,037
  • Gross Income $29,400
  • Net Operating Income $18,363

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family
  • Directions: From I-89, take exit 5. Turn Left onto Vt-64. Follow to intersection with VT-14 and turn right. Follow to real estate sign on your left; past USPS Store and across from small park following USPS store.
  • Flood Zone: Unknown
  • Assessment Amount: 207800
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 62.59
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4052
  • Sq Ft - Apx Total Finished: 2876
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Here is your opportunity to own a well-maintained 3-unit multi-family property on .25 +/- acres in the Vermont town of Williamstown! Located off the state-maintained VT Rte 14, the 3-unit 2876 SF multi-family building has undergone extensive renovations since the sellers acquired ownership in 2015. To revitalize this century old building, the sellers invested in many upgrades throughout including all new siding, ABC metal roofing, hardwood flooring, interior paint, Hickory cabinets & appliances in the kitchens, and utility upgrades in the basement. The multi-family residence consists of two rented 2-bedroom apartments and one rented studio apartment. The basement features a newly installed concrete floor, Buderus boiler, sump pump, spray foam throughout. Municipal water and sewer service the property. Substantial onsite parking available. The property is ideally located within walking distance of Dollar General and the greater business district; a great benefit to current and future tenants! Additionally, the property provides easy access to Norwich University, Montpelier, and downtown Barre for employment, entertainment, shopping, and amenities. Current tenants occupy respective apartments on a month-to-month basis. Simply a wonderful investment opportunity!
  • L A1 M M S I Memberkey: 70026
  • List Agent: 26067
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 73551
  • S A1 M M S I Memberkey: 70026
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 73551
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Insulated, Slab, Storage Space, Sump Pump, Unfinished, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 2876
  • Sq Ft - Apx Unfinished BG: 1176

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl, Wood Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Features Exterior: Deck, Natural Shade, Porch - Covered

Garage/Parking

  • Parking: Driveway, Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breaker(s)
  • Fuel Company: Irving Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Owned
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Condo/Co-op/Association

  • Management Company: Choice

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: WIlliamstown School District
  • Elementary School: Williamstown Elementary School
  • Middle School: Williamstown Middle/High Sch
  • High School: Williamstown High School
  • Elementary School: Williamstown Elementary School
  • High School: Williamstown High School

Lot Info

  • Lot Sq Ft: 10890
  • Lot Acres: 0.25
  • Lot Description: Country Setting, Level, Rental Complex, Street Lights
  • Deed Book: 160
  • Deed Page: 577
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 29400
  • Net Income: 18363
  • Sale Includes: Land/Building
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4209.82
  • Tax Year: 2019

MLS Schools

  • School District: WIlliamstown School District
  • School Middle Jr: Williamstown Middle/High Sch

Range of Values:

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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
03/19/2021 03/19/21 Sold $180,000 +0.6% $63 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $179,000 -5.7% $62 / Sq Ft
08/29/2020 08/29/20 For Sale $189,900 +533.0% $66 / Sq Ft
04/27/2015 04/27/15 Sold $30,000 -49.9% $10 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $59,900 -- $21 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

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 $3,161 $195,000 $10,000 $185,000
2023 $3,161 $195,000 $10,000 $185,000
2022 $4,346 $195,000 $10,000 $185,000
2021 $4,338 $195,000 $10,000 $185,000
2020 $4,565 $207,800 $10,000 $197,800
2019 $4,210 $207,800 $10,000 $197,800
2018 $2,199 $90,200 $21,500 $68,700
2017 $1,995 $84,900 $21,500 $63,400
2016 $1,987 $84,900 $21,500 $63,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4825885

PrimeMLS

APN: 756-240-10123