NOT LISTED FOR SALE

3148 Vermont 122 Sheffield, VT 05866

-- Bed
-- Bath
3,298 Sq Ft
0.5 Acres

Last Sold March 13, 2023

Last sale price $75,000 $23 Per Sq Ft

412 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • Walk-Up Access
  • High Speed Internet

About This Home

As of March 2023

Great Income Opportunity! Updated three-unit multifamily. Hardwood floors, LP stoves, covered porches, large back yard, frontage on the Miller's Run Brook. Many required upgrades were done 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). Neighboring 3 family is also for sale by the same owner. These can be purchased together at a discounted price. MLS# 4893599, This property will not qualify for traditional FHA financing but will go conventional without an issue. Cosmetic updates would allow for an increase in rent to make this property even more profitable.

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

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

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

Parking

  • Gravel Driveway
  • Dirt Driveway
  • On-Street Parking

Schools

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

Utilities

  • Heating System Uses Oil
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $18,000

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: From Lyndonville, continue on Route 122 past Wheelock, and into the village of Sheffield. The property is on the right just before the school.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 22.74
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4998
  • Sq Ft - Apx Total Finished: 3298
  • Year Built: 1900
  • Remarks Public: Great Income Opportunity! Updated three-unit multifamily. Hardwood floors, LP stoves, covered porches, large back yard, frontage on the Miller's Run Brook. Many required upgrades were done 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). Neighboring 3 family is also for sale by the same owner. These can be purchased together at a discounted price. MLS# 4893599, This property will not qualify for traditional FHA financing but will go conventional without an issue. Cosmetic updates would allow for an increase in rent to make this property even more profitable.
  • 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: 3298
  • Sq Ft - Apx Unfinished AG: 850
  • Sq Ft - Apx Unfinished BG: 850

Exterior Features

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

Garage/Parking

  • Parking: On Street

Utilities

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

Fee Information

  • Tax Class: Non-Homestead

Schools

  • 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: 21600
  • Net Income: 18000
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Taxes TBD: Yes

MLS Schools

  • School Middle Jr: Millers Run USD 37

Range of Values:

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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
03/13/2023 03/13/23 Sold $75,000 -31.8% $23 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $109,950 0.0% $33 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $109,950 0.0% $33 / Sq Ft
12/14/2022 12/14/22 For Sale $109,950 +46.6% $33 / Sq Ft
12/13/2022 12/13/22 Off Market $75,000 -- --
11/23/2022 11/23/22 For Sale $139,950 0.0% $42 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
09/14/2022 09/14/22 Price Changed $139,950 -9.7% $42 / Sq Ft
05/02/2022 05/02/22 Price Changed $154,950 -11.4% $47 / Sq Ft
02/13/2022 02/13/22 Price Changed $174,950 -7.7% $53 / Sq Ft
12/17/2021 12/17/21 For Sale $189,500 -- $57 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mathew Ghafoori

    Seller's Agent in 2023

    Mathew Ghafoori

    RE/MAX

    (802) 748-7808

    3 in this area

    132 Total Sales

    Mathew Ghafoori
    Section Image

  • K

    Buyer's Agent in 2023

    Kevin Ingalls

    RE/MAX

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4893601

PrimeMLS
Vermont Caledonia County Sheffield 05866

3148 Vermont 122, Sheffield, VT

This home is located at 3148 Vermont 122, Sheffield, VT 05866 since 17 December 2021. This property was built in 1900. 3148 Vermont 122 is a home located in Caledonia County with nearby schools including Miller's Run School.

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