NOT LISTED FOR SALE

3147 Vt Route 122 Sheffield, VT 05866

-- Bed
3 Baths
3,582 Sq Ft
0.5 Acres

Last Sold March 13, 2023

Last sale price $75,000 $21 Per Sq Ft

422 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • Walk-Up Access
  • 2 Car Detached Garage

About This Home

As of March 2023

Great Income Opportunity! Updated three-unit multifamily, prior to that a daycare. Hardwood floors, pellet stoves, covered porches, large back yard, frontage on the Miller's Run Brook and a detached 2-car garage. Many required upgrades were done when the daycare was in place including hardwired detectors. Live in one unit and let the other units pay your mortgage! Structure is not in a flood zone, LOMA on file. All units have their own separate utilities (heating, hot water & electric). All units have propane heaters except for 3148 Apt 1 which has a hot air furnace. Neighboring 3 family is also for sale by same owner. Both can be purchased together at a discounted price. MLS #4893599 yearly expenses are approx $3600 including taxes, ins, and water. All other items are paid by renters.

Last Agent to Sell the Property

Mathew Ghafoori

RE/Max Heritage License #081.0120000 Listed on: 12/17/2021

RE/Max Heritage

Last Buyer's Agent

Kevin Ingalls

RE/MAX All Seasons Realty - Lyndonville License #082.0134436

RE/MAX All Seasons Realty - Lyndonville

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Walk-Up Access

Schools

  • Millers Run Elementary School
  • Millers Run
  • Choice High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $21,600

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From I 91, take Lyndonville exit to Route 122N into Sheffield village. Property on left just after the post office.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 20.94
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5932
  • Sq Ft - Apx Total Finished: 3582
  • Year Built: 1900
  • Remarks Public: Great Income Opportunity! Updated three-unit multifamily, prior to that a daycare. Hardwood floors, pellet stoves, covered porches, large back yard, frontage on the Miller's Run Brook and a detached 2-car garage. Many required upgrades were done when the daycare was in place including hardwired detectors. Live in one unit and let the other units pay your mortgage! Structure is not in a flood zone, LOMA on file. All units have their own separate utilities (heating, hot water & electric). All units have propane heaters except for 3148 Apt 1 which has a hot air furnace. Neighboring 3 family is also for sale by same owner. Both can be purchased together at a discounted price. MLS #4893599 yearly expenses are approx $3600 including taxes, ins, and water. All other items are paid by renters.
  • List Agent: 22247
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3582
  • Sq Ft - Apx Unfinished AG: 475
  • Sq Ft - Apx Unfinished BG: 1875

Exterior Features

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

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Concrete, On-Site Septic Exists, Septic
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Oil
  • Heating: Electric, Gas Heater, Hot Air
  • Separate Utilities: Yes
  • Utilities: Cable, Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Caledonia North
  • Elementary School: Millers Run Elementary School
  • Middle School: Millers Run USD 37
  • High School: Choice
  • Elementary School: Millers Run Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 21780
  • Lot Acres: 0.5
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Sheffield
  • Deed Book: 33
  • Deed Page: 499
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 25200
  • Net Income: 21600
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School District: Caledonia North
  • School Middle Jr: Millers Run USD 37

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
03/13/2023 03/13/23 Sold $75,000 -31.8% $21 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $109,950 0.0% $31 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $109,950 0.0% $31 / Sq Ft
12/14/2022 12/14/22 For Sale $109,950 +46.6% $31 / Sq Ft
12/13/2022 12/13/22 Off Market $75,000 -- --
09/14/2022 09/14/22 Price Changed $139,950 -9.7% $39 / Sq Ft
07/20/2022 07/20/22 For Sale $154,950 0.0% $43 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $154,950 -11.4% $43 / Sq Ft
02/13/2022 02/13/22 Price Changed $174,950 -7.7% $49 / Sq Ft
12/17/2021 12/17/21 For Sale $189,500 +351.2% $53 / Sq Ft
04/30/2018 04/30/18 Sold $42,000 -15.8% $12 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $49,900 +18.8% $14 / Sq Ft
02/06/2018 02/06/18 Off Market $42,000 -- --
08/05/2017 08/05/17 For Sale $59,000 -- $16 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4893600

PrimeMLS

APN: (182) 122-016-01