A
Seller's Agent in 2019
Ashley St. Gelais
Preferred Properties
Estimated Value: $305,000 - $400,000
Start or add to your investment portfolio with this newly updated three-unit property with the option for a brand-new construction of a fourth unit. You'll love the potential of a cash on cash return of 25% with a CAP rate of 11%. With (1) one bedroom, (2) two bedroom units, this property has spacial options for everyone! It is the perfect owner-occupied property with the one bedroom unit offering a separate entrance on the opposite side of the building or a great investment opportunity to earn income from three separate units (with the choice to add a fourth). The property has separate fuel tanks and electric meters saving you the expense of covering this as the owner! With newly updated windows, a new hot air heating system, and Rinnai heaters in two of the units, tenants stay comfortable and warm during the long Vermont winters. Looking for a little more land? The sale of this property is for the building and .2 acres , it does not include the lot. At this price the property will be conveyed as a 3 unit property. For a purchase price of $200K an additional 1 BR APT will be completed in the attached garage. This offers the potential of a 35% cash on cash return. There is an additional .1 acre lot behind this property that can be added to the purchase. This additional lot has already been zoned for a 3-bedroom house or 3 (1) bedroom units for even more investment potential!
Last Agent to Sell the Property
Ashley St. Gelais
Preferred Properties Brokerage Phone: 802-862-9106 License #082.0117313 Listed on: 02/01/2019
Last Buyer's Agent
BHHS Vermont Realty Group/Morrisville-Stowe License #081.0004093
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pratt Scott | $132,000 | -- |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $190,000 | +8.6% | $85 / Sq Ft |
| 03/14/2019 03/14/19 | Pending | -- | -- | -- |
| 02/01/2019 02/01/19 | For Sale | $175,000 | -- | $79 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,415 | $193,200 | $20,100 | $173,100 |
| 2023 | $2,997 | $193,200 | $20,100 | $173,100 |
| 2022 | $4,586 | $193,200 | $20,100 | $173,100 |
| 2021 | $4,755 | $193,200 | $20,100 | $173,100 |
| 2020 | $4,752 | $193,200 | $20,100 | $173,100 |
| 2019 | $4,624 | $185,100 | $52,300 | $132,800 |
| 2018 | $4,394 | $185,100 | $52,300 | $132,800 |
| 2017 | $4,082 | $185,100 | $52,300 | $132,800 |
| 2016 | $3,540 | $163,800 | $35,900 | $127,900 |
| 2015 | -- | $1,638 | $0 | $0 |
| 2014 | -- | $1,554 | $0 | $0 |
| 2013 | -- | $1,653 | $0 | $0 |
A
Seller's Agent in 2019
Ashley St. Gelais
Preferred Properties
Buyer's Agent in 2019
Trombley & Day Group
BHHS Vermont Realty Group/Morrisville-Stowe
(802) 760-8333
26 in this area
332 Total Sales
Source: PrimeMLS
MLS Number: 4735034
APN: 336-104-10335