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Multi-Units

MLS listings of Vermont Multi Units for sale brought to you by Preferred Properties, local Williston VT realtors. MLS listings updated regularly. Contact us or call 802.862.9106 for a tour of Vermont multi units for sale

76 Vt Route 100c Johnson VT 05656

Price$175,000The price has recently decreased

Est. Mortgage: $/month

MLS Number 4735034

  • Multifamily Multi-Family
  • Units 3
  • Bathroom 3
  • Acreage 0.2
  • Square Feet 2225

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, (1) two bedroom, and (1) three bedroom unit (currently under rented at $850 - could easily by $1,100/month), 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!

Listed by Ashley St. Gelais of Preferred Properties

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Preferred Properties
147 Knight Lane
Williston VT, 05495
Office: 802-862-9106

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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.37% last updated on 2019-02-14

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2019 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 18, 2019.

 

 

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