NOT LISTED FOR SALE

40 Adirondack View Bristol, VT 05443

10 Beds
5 Baths
3,593 Sq Ft
0.63 Acres

Last Sold April 18, 2024

Last sale price $555,000 $154 Per Sq Ft

103 Days on Market

Highlights

  • Mountain View
  • 1 Car Garage
  • 1-Story Property
  • Baseboard Heating

About This Home

As of April 2024

Rarely available investment opportunity with potential for assumable debt (with purchase of adjacent property at 111-113 Mountain Street). The building consists of 5 turnkey 2br/1bath renovated units with qualified tenants. Each unit comes with an oversized garage. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and have undergone substantial renovations. This building can be combined with 111- 113 Mountain Street from the same seller.

Last Agent to Sell the Property

David Parsons

RE/MAX North Professionals - Burlington Listed on: 11/11/2023

RE/MAX North Professionals - Burlington

Last Buyer's Agent

The Malley Group

KW Vermont License #082.0008557

KW Vermont

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,444

Year Built

  • Built in 1969

Lot Details

  • 0.63 Acre Lot
  • Lot Sloped Up

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 5 Full Bathrooms
  • 3,593 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Schools

  • Bristol Elementary School
  • Mount Abraham Union Mid/High Middle School
  • Mount Abraham Uhsd 28 High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Septic Tank

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $35,857
  • Gross Income $100,200
  • Net Operating Income $59,333

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,444

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Directions: Route 116 South to Bristol, turn onto Mountain Street, Adirondack View on the right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 154.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3593
  • Sq Ft - Apx Total Finished: 3593
  • Year Built: 1969
  • Remarks Public: Rarely available investment opportunity with potential for assumable debt (with purchase of adjacent property at 111-113 Mountain Street). The building consists of 5 turnkey 2br/1bath renovated units with qualified tenants. Each unit comes with an oversized garage. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and have undergone substantial renovations. This building can be combined with 111- 113 Mountain Street from the same seller.
  • List Agent: 27324
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Unknown
  • Architectural Style: Apartment Building
  • ResoLotFeatures: Country Setting, Mountain View
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Other
  • Sq Ft - Apx Finished AG: 3593

Exterior Features

  • Driveway: Gravel
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Stucco Exterior

Garage/Parking

  • Garage Capacity: 1
  • Parking: Assigned, Garage, Off Street, Attached
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Bristol School District
  • Elementary School: Bristol Elementary School
  • Middle School: Mount Abraham Union Mid/High
  • High School: Mount Abraham UHSD 28
  • Elementary School: Bristol Elementary School
  • High School: Mount Abraham UHSD 28

Lot Info

  • Lot Sq Ft: 27443
  • Lot Acres: 0.63
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 174
  • Deed Page: 391
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 100200
  • Net Income: 59333
  • Total Full Baths: 5
  • Total Units: 5
  • Total2 Bedroom Units: 5

Tax Info

  • Tax Gross Amount: 9443.8
  • Tax Year: 2023

MLS Schools

  • School District: Bristol School District
  • School Middle Jr: Mount Abraham Union Mid/High

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
04/21/2024 04/21/24 Off Market $555,000 -- --
04/18/2024 04/18/24 Sold $555,000 -11.2% $154 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $625,000 -3.8% $174 / Sq Ft
11/11/2023 11/11/23 For Sale $650,000 -- $181 / 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: 4977525

PrimeMLS