Vermont Multi-Family

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30851307
Property Subtypes: Mid-Rise
Status: Pending
Number of Units: 5 Units
Building Size (RSF): 4,650 SF
Gross Land Area: 0.30 Acres
Sale Price: $249,900
Unit Price: $49,980 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: 96 Chester Road
Sale Terms: Cash to Seller
Cap Rate: 14.0%
Last Updated: 9/26/2023

Overview / Comments

INVESTMENT OPPORTUNITY! 5 UNIT PLUS 2 GARAGE SPACES. GOOD UPSIDE WITH BELOW MARKET RENTS. 14% CAP RATE. 48 HOURS TO SHOW

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $5,155 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Windsor
Tax ID/APN: 606-190-13759
Zoning: COMM/RES
Percent Occupied: 100%
Property Located Between: Chester and Springfield, VT
Highway Access: Rt 91
Site Description: INVESTMENT OPPORTUNITY! 5 UNIT PLUS 2 GARAGE SPACES. GOOD UPSIDE WITH BELOW MARKET RENTS. 14% CAP RATE. 48 HOURS TO SHOW
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 15
Year Built: 1945
Roof Type: Other
Construction/Siding: Wood Frame
Exterior Description: Wood-framed with open parking.
Parking Type: Surface
Heat Type: Steam
Heat Source: Other
Fuel: Oil
Zoning Description: COMM/RES
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 809 6,484 12,477
Median Age: 38.02 43.75 44.08
Households: 368 2,764 5,261

Contact

Photograph of Listing Agent

Donald Chabot

Town & Country Realty Assoc
NECPE Member
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