NOT LISTED FOR SALE

989 Middle Pownal Rd Pownal, VT 05261

5 Beds
4 Baths
2,248 Sq Ft
0.43 Acres

Last Sold April 14, 2023

Last sale price $276,000 $123 Per Sq Ft

1 Day on Market

Highlights

  • Countryside Views
  • Zoned Heating
  • High Speed Internet
  • Cottage
  • Baseboard Heating
  • Level Lot

About This Home

As of April 2023

Four-unit investment property with great rental history in a residential, country setting on nearly half an acre in Pownal. The main house has two one-bedroom units on the ground floor, both of which have been recently renovated and furnished for short term rental. The second level is a two-bedroom unit, one with a walk-in closet, shared bath between with washer and dryer and open concept kitchen, dining and living rooms. Very well maintained and ready for new owners. There is also a separate one-bedroom cottage with separate services. The cottage is a great opportunity to renovate for owner occupancy or additional AirBnB. Over $12,000 increase in gross income last year. The spacious and level back yard is welcoming and ready for adirondack chairs, cookouts and yard games. Recently updated windows and roof on the main house, new water heater May 2022, septics inspected and pumped June 2022. One New septic tank in 2021. Sunday showings 11AM-4PM, 48 hours notice required

Last Agent to Sell the Property

Cassie Barbeau

Mahar McCarthy Real Estate Listed on: 03/01/2023

Last Buyer's Agent

Cassie Barbeau

Mahar McCarthy Real Estate Listed on: 03/01/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1970

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,248 Sq Ft Home
  • 2-Story Property
  • Countryside Views

Flooring

  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 5 Car Parking Spaces
  • Gravel Driveway

Schools

  • Pownal Elementary School
  • Mt. Anthony Union Middle Sch
  • Mt. Anthony Sr. Uhsd 14 High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Kerosene
  • 100 Amp Service
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • Gross Income $46,680

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,295

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Cottage/Camp, Detached, Freestanding
  • Directions: From Rte 7, turn onto Barber Pond Road, turn left onto Middle Pownal Road, after sweeping turn to the left, property is on the left. From Rte 9 (Main Street), take Morgan Street, which becomes South Stream Rd. Turn Right onto Maple Grove Road, left onto Middle Pownal Road, property is on right.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 122.78
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2248
  • Sq Ft - Apx Total Finished: 2248
  • Year Built: 1970
  • Remarks Public: Four-unit investment property with great rental history in a residential, country setting on nearly half an acre in Pownal. The main house has two one-bedroom units on the ground floor, both of which have been recently renovated and furnished for short term rental. The second level is a two-bedroom unit, one with a walk-in closet, shared bath between with washer and dryer and open concept kitchen, dining and living rooms. Very well maintained and ready for new owners. There is also a separate one-bedroom cottage with separate services. The cottage is a great opportunity to renovate for owner occupancy or additional AirBnB. Over $12,000 increase in gross income last year. The spacious and level back yard is welcoming and ready for adirondack chairs, cookouts and yard games. Recently updated windows and roof on the main house, new water heater May 2022, septics inspected and pumped June 2022. One New septic tank in 2021. Sunday showings 11AM-4PM, 48 hours notice required
  • List Agent: 287851
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement Description: Crawl Space, Exterior Access
  • Sq Ft - Apx Finished AG: 2248

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle

Garage/Parking

  • Parking: Parking Spaces 5

Utilities

  • Electric: 100 Amp
  • Fuel Company: West Oil
  • Sewer: On-Site Septic Exists
  • Water: Drilled Well
  • Water Heater: Electric, Owned
  • Heating Fuel: Kerosene
  • Heating: Baseboard, Multi Zone
  • Electric Company: Green Mountain Power
  • Total Electric Meters: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable - Available, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Bennington/Rutland
  • Elementary School: Pownal Elementary School
  • Middle School: Mt. Anthony Union Middle Sch
  • High School: Mt. Anthony Sr. UHSD 14
  • Elementary School: Pownal Elementary School
  • High School: Mt. Anthony Sr. UHSD 14

Lot Info

  • Lot Sq Ft: 18731
  • Lot Acres: 0.43
  • Lot Description: Country Setting, Level, Open
  • Surveyed: Unknown
  • Zoning: residential
  • Deed Book: 120 & 122
  • Deed Page: 332 & 183
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 46680
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4294.77
  • Tax Year: 2022

MLS Schools

  • School District: Bennington/Rutland
  • School Middle Jr: Mt. Anthony Union Middle Sch

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
04/14/2023 04/14/23 Sold $276,000 +2.2% $123 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $270,000 -- $120 / 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: 4944428

PrimeMLS