NOT LISTED FOR SALE
13 Beds
6 Baths
6,360 Sq Ft
0.57 Acres

Last Sold January 29, 2016

Last sale price $472,500 $74 Per Sq Ft

94 Days on Market

Highlights

  • 0.57 Acre Lot
  • 5 Car Detached Garage
  • 4-minute walk to Parks & Recreation
  • Thomas Fleming School Rated A-
  • Level Lot

About This Home

As of January 2016

Excellent investment opportunity! This 6-unit on 1/2 acre lot with 5-car garage is located in the heart of Essex Junction Village within walking distance to schools, Five Corners and bus station. 13 bedrooms total with two 1-BR units, two 2-BR units, one 3-BR and one 4-BR. Separate gas and electric. Plenty of parking in driveway and garage. Nice backyard with apple trees. Easy access to shopping and restaurants. Cap rate of 8.4%!!

Last Agent to Sell the Property

Adam Hergenrother

KW Vermont License #082.0008132 Listed on: 07/07/2015

KW Vermont

Co-Listed By

Jonathon Templeton

KW Vermont License #082.0075189

Last Buyer's Agent

Eric Jarvis

Flex Realty License #081.0134185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,465

Year Built

  • 1900

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Parking

  • 5 Car Detached Garage
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 6,360 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 6 Units
  • Gross Income $73,740

Listing and Financial Details

  • Rent includes ground maintenance, parking, sewer, trash, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,465

Year Built

1900

Lot Details

0

Parking

5

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 2
  • Sq Ft - Apx Total Finished: 6360
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Equipment: Smoke Detectr-HrdWrdw/Bat
  • Full Bathrooms: 6
  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 6360

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 5
  • Parking: Assigned, Garage, On-Site, Parking Spaces 11 - 20, Paved
  • Garage Type: Detached
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Heating Fuel: Gas - Natural
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6

Lot Info

  • Lot Sq Ft: 24829
  • Lot Acres: 0.57
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: Res/Comm

Rental Info

  • Rent Includes: Ground Maintenance, Parking, Sewer, Trash, Water

Multi Family

  • Gross Income: 73740
  • Total Units: 6
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8465.44
  • Tax Year: 2015

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $472,500 -23.2% $74 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $615,000 -- $97 / 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: 4436302

PrimeMLS