NOT LISTED FOR SALE

49 Vt Route 15 Jericho, VT 05465

8 Beds
4 Baths
3,120 Sq Ft
0.51 Acres

Last Sold December 03, 2019

Last sale price $505,000 $162 Per Sq Ft

59 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Carpet
  • Jericho Elementary School Rated A-
  • High Speed Internet
  • 2-minute walk to Old Mill Museum and Park

About This Home

As of December 2019

Don't miss out on this great investment opportunity! Centrally located in Jericho, this four unit, multifamily property is bursting with potential. Each unit features two bedrooms and a full bath. Three of the four units have recent updates throughout, including the kitchen, bathroom, flooring, and more. Property has an efficient heating system with landlord paying heat and water. Each unit is equip with allotted basement storage space. Recent upgrades include a new furnace, new siding, and new windows. A large driveway, big backyard, and on-site laundry are additional perks. This desirable rental is in close proximity to many local amenities, including Joe's snack bar, Jericho Cafe and Tavern, and more. Tremendous opportunity awaits in this income-producing property! Owner is a licensed Realtor.

Last Agent to Sell the Property

Theresa Ferrara

Coldwell Banker Hickok and Boardman License #082.0008560 Listed on: 07/29/2019

Coldwell Banker Hickok and Boardman

Last Buyer's Agent

Kelly S. Farr

Brian French Real Estate License #082.0006071

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,484

Year Built

  • Built in 1969

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Basement Storage

Parking

  • 6 Car Parking Spaces
  • Gravel Driveway
  • Unpaved Parking
  • On-Site Parking

Schools

  • Jericho Elementary School
  • Browns River Middle
  • Mt. Mansfield

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $4,900
  • Gross Income $58,900

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,484

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Route 15 to Jericho, property is right next to Joe's Snack Bar.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 323.72
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3120
  • Sq Ft - Apx Total Finished: 3120
  • Year Built: 1969
  • Remarks Public: Don't miss out on this great investment opportunity! Centrally located in Jericho, this four unit, multifamily property is bursting with potential. Each unit features two bedrooms and a full bath. Three of the four units have recent updates throughout, including the kitchen, bathroom, flooring, and more. Property has an efficient heating system with landlord paying heat and water. Each unit is equip with allotted basement storage space. Recent upgrades include a new furnace, new siding, and new windows. A large driveway, big backyard, and on-site laundry are additional perks. This desirable rental is in close proximity to many local amenities, including Joe's snack bar, Jericho Cafe and Tavern, and more. Tremendous opportunity awaits in this income-producing property! Owner is a licensed Realtor.
  • List Agent: 26048
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1560
  • Sq Ft - Apx Finished BG: 1560

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site, Parking Spaces 6+, Unpaved

Utilities

  • Cable Company: Comcast
  • Electric: Circuit Breaker(s)
  • Fuel Company: Vermont Gas
  • Sewer: 1000 Gallon, Septic
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Electric Company: Green Mountain Power
  • Phone Company: Comcast
  • Total Electric Meters: 4
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Cable - Available, High Speed Intrnt -Atsite, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Jericho Elementary School
  • Middle School: Browns River Middle USD #17
  • High School: Mt. Mansfield USD #17
  • Elementary School: Jericho Elementary School
  • High School: Mt. Mansfield USD #17

Lot Info

  • Lot Sq Ft: 22216
  • Lot Acres: 0.51
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: R4
  • Deed Book: 344
  • Deed Page: 68-69
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 58900
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Taxes TBD: Yes
  • Tax Year Notes: 18/19
  • Tax Gross Amount: 7484.26

MLS Schools

  • School Middle Jr: Browns River Middle USD #17

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
12/03/2019 12/03/19 Sold $505,000 -1.0% $162 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $510,000 -2.9% $163 / Sq Ft
07/29/2019 07/29/19 For Sale $525,000 -- $168 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Theresa Ferrara

    Seller's Agent in 2019

    Theresa Ferrara

    Coldwell Banker Hickok and Boardman

    (802) 992-8328

    4 in this area

    229 Total Sales

    Theresa Ferrara
    Section Image
  • Kelly S. Farr

    Buyer's Agent in 2019

    Kelly S. Farr

    Brian French Real Estate

    (802) 238-2979

    1 in this area

    33 Total Sales

    Kelly S. Farr
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4767626

PrimeMLS
Vermont Chittenden County Jericho 05465

49 Vt Route 15, Jericho, VT

This home is located at 49 Vt Route 15, Jericho, VT 05465 since 29 July 2019. This property was built in 1969. 49 Vt Route 15 is a home located in Chittenden County with nearby schools including Jericho Elementary School, Brewster Pierce School, and Browns River Middle School.

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