NOT LISTED FOR SALE

499 Main St Lyndon, VT 05851

8 Beds
7 Baths
4,284 Sq Ft
0.47 Acres Lot

Sale Details

Date Sold: February 15, 2022

Last sale price $405,000 $95 Per Sq Ft

88 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Walk-Up Access
  • Porch
  • High Speed Internet
  • 5-minute walk to Powers Park

About This Home

As of February 2022

Main Street Lyndonville. 7 unit apartment complex with commercial possibilities. Classic, turn of the century 3-unit apartment house with excellent road visibility. The second building is a large, 4-unit that was constructed in 2010 and has some of the nicest apartments in town. This property has also been permitted and used for retail in the past. Convenient location within walking distance to stores, post office and banks. There is a large backyard area, side porch (on back building) and full basements in each unit. Good rental history. Serious inquiries only.

Last Agent to Sell the Property

Scott DesJardins

Better Real Estate LLP Listed on: 09/17/2021

Co-Listed By

Kelly Deth

StoneCrest Properties, LLC2 License #081.0004443

Last Buyer's Agent

Scott DesJardins

Better Real Estate LLP Listed on: 09/17/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 2010

Lot Details

  • 20,473 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway

Parking

  • 510 Car Parking Spaces
  • Gravel Driveway
  • Unpaved Parking

Outdoor Features

  • Balcony
  • Porch

Schools

  • Lyndon Town Elementary School
  • Choice High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • 7 Units

Building Details

  • Operating Expense $20,155
  • Gross Income $60,325
  • Net Operating Income $45,170

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,278

Year Built

Built in 2010

Lot Details

0.47 Acres

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 94.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7184
  • Sq Ft - Apx Total Finished: 4284
  • Year Built: 2010
  • List Agent: 284844
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete, Full, Stairs - Exterior, Unfinished
  • Sq Ft - Apx Finished AG: 4284
  • Sq Ft - Apx Unfinished AG: 508
  • Sq Ft - Apx Unfinished BG: 2392

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard, Vinyl Siding
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Balcony, Porch

Garage/Parking

  • Parking: Driveway, Parking Spaces 5 - 10, Unpaved

Utilities

  • Cable Company: Charter Spectrum
  • Electric: 200 Amp, Circuit Breaker(s), Underground
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Direct Vent, Forced Air
  • Electric Company: LED
  • Phone Company: Consolidated
  • Separate Utilities: Varies
  • Total Electric Meters: 6
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Total Water Heaters: 7
  • Trash: Cans, Owner
  • Utilities: Cable, Dsl, Gas - Lp/Bottle, Internet - Cable, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Lyndon Town Elementary School
  • High School: Choice

Lot Info

  • Lot Sq Ft: 20473
  • Lot Acres: 0.47
  • Lot Description: Major Road Frontage, Neighbor Business, Rental Complex
  • Zoning: Main Street
  • Deed Book: 149
  • Deed Page: 234-235
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 60325
  • Net Income: 45170
  • Total Units: 7
  • Total1 Bedroom Units: 6
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 7278.36
  • Tax Year: 2020

MLS Schools

  • School District: Caledonia Central
  • School Middle Jr: Lyndon Town Elementary School
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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
02/15/2022 02/15/22 Sold $405,000 -4.7% $95 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $425,000 -- $99 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4883085

PrimeMLS
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