NOT LISTED FOR SALE

393 Ferry St Hyde Park, VT 05655

4 Beds
2 Baths
1,744 Sq Ft
0.5 Acres

Last Sold March 05, 2024

Last sale price $255,000 $146 Per Sq Ft

72 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • High Speed Internet
  • Farmhouse Style Home
  • Balcony
  • Level Lot

About This Home

As of March 2024

Take advantage of this great 2-unit property with tons of income-earning potential! Each 2-bedroom unit occupies a different floor in the building with separate entrances for added privacy. The lower level unit has a covered front porch, a large kitchen with space for a dining table and a cozy living room. The upstairs unit has a private balcony off of the open main living space connecting the living room, kitchen and dining area. The kitchen includes a breakfast peninsula with counter seating space and added storage below. Recent updates to the property include plumbing, electrical, appliances, flooring and insulation making this a great investment. As a rental, enjoy consistent income with low expenses! This property has a strong rental history with tons of potential for supplemental income or separate living spaces for in-laws/family if you prefer to owner-occupy. Great Vermont Country setting just off of scenic Rt. 100! Delayed showings begin 11/4/23

Last Agent to Sell the Property

The Malley Group

KW Vermont License #082.0008557 Listed on: 11/01/2023

KW Vermont

Last Buyer's Agent

Penny Mason-Anderson

Pall Spera Company Realtors-Morrisville License #082.0008331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 1880

Lot Details

  • 0.5 Acre Lot
  • Property fronts a private road
  • Level Lot

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Dirt Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Hyde Park Elementary School
  • Lamoille Middle School
  • Lamoille Uhsd #18 High School

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: washers and dryers

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $4,000
  • Gross Income $26,000
  • Net Operating Income $22,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,469

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Route 100N to North Hyde Park, right onto Ferry St. Home on left. Park by sign. Other parking area not part of this property.
  • Construction: Existing
  • Items Excluded: washers and dryers
  • Total Stories: 1.5
  • Price Per Sq Ft: 146.22
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2112
  • Sq Ft - Apx Total Finished: 1744
  • Year Built: 1880
  • Remarks Public: Take advantage of this great 2-unit property with tons of income-earning potential! Each 2-bedroom unit occupies a different floor in the building with separate entrances for added privacy. The lower level unit has a covered front porch, a large kitchen with space for a dining table and a cozy living room. The upstairs unit has a private balcony off of the open main living space connecting the living room, kitchen and dining area. The kitchen includes a breakfast peninsula with counter seating space and added storage below. Recent updates to the property include plumbing, electrical, appliances, flooring and insulation making this a great investment. As a rental, enjoy consistent income with low expenses! This property has a strong rental history with tons of potential for supplemental income or separate living spaces for in-laws/family if you prefer to owner-occupy. Great Vermont Country setting just off of scenic Rt. 100! Delayed showings begin 11/4/23
  • List Agent: 281799
  • Display On Internet: Unknown
  • Architectural Style: Farmhouse
  • ResoLotFeatures: Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Flooring: Carpet, Tile, Wood
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor, Insulated, Unfinished
  • Sq Ft - Apx Finished AG: 1744
  • Sq Ft - Apx Unfinished BG: 368

Exterior Features

  • Driveway: Dirt, Gravel
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal
  • Easements: Unknown
  • Features Exterior: Balcony, Porch - Covered
  • Construction Type: Wood Frame, Vinyl Exterior

Garage/Parking

  • Parking: Driveway, Off Street

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Fred's Energy
  • Sewer: Septic
  • Heating Fuel: Electric, Gas - LP/Bottle
  • Heating: Electric, Monitor Type
  • Electric Company: HPE
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Tenant
  • Utilities: Cable - Available, Dsl - Available, Gas - Lp/Bottle
  • Water Source: Drilled Well, Private

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Lamoille North
  • Elementary School: Hyde Park Elementary School
  • Middle School: Lamoille Middle School
  • High School: Lamoille UHSD #18
  • Elementary School: Hyde Park Elementary School
  • High School: Lamoille UHSD #18

Lot Info

  • Lot Sq Ft: 21780
  • Current Use: Yes
  • Lot Acres: 0.5
  • Surveyed: Yes
  • Surveyed By: Roger Audet
  • Zoning: Residential
  • Deed Book: 194
  • Deed Page: 85-86
  • Deed Recorded Type: Multiple
  • Total Deeds: 2

Multi Family

  • Gross Income: 26000
  • Net Income: 22000
  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2468.84
  • Tax Year: 2023

MLS Schools

  • School District: Lamoille North
  • School Middle Jr: Lamoille Middle School

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
03/05/2024 03/05/24 Sold $255,000 -3.8% $146 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $265,000 +349.2% $152 / Sq Ft
01/04/2021 01/04/21 Sold $59,000 +20.4% $34 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $49,000 0.0% $28 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $49,000 -16.9% $28 / Sq Ft
07/17/2020 07/17/20 For Sale $59,000 -- $34 / 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: 4976293

PrimeMLS

APN: (097) 01003300