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Multi Family Homes in the following county:
Addison VT . |
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THIS 3 UNIT APARTMENT HOUSE HAS BEEN VERY WELL MAINTAINED, HAS BEEN FRESHLY PAINTED, IS ALL UP TO CODE AND IS FULLY RENTED. THE LOCATION IS CONVENIENT TO THE POST OFFICE, STORE, LIBRARY, PLAYGROUND AND ONLY A SHORT DRIVE TO DOWNTOWN MIDDLEBURY. TENANTS PAY THEIR OWN ELECTRICITY AND OWNER PAYS FOR HEAT AND MINIMAL ELECTRIC FOR BUILDING SUPPORT SYSTEMS. SELLER IS OFFERING A $5,000 REBATE AT CLOSING FROM AN ACCEPTABLE OFFER TO HAVE INDIVIDUAL HEATING SYSTEMS INSTALLED.
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CHARMING POST AND BEAM CAPE HAS BENEFITTED FROM THOROUGH RENOVATION STARTING 2012. RECENTLY INSTALLED KITCHEN, HALF BATH, FRESH PAINT THROUGHOUT. DETACHED 26¿ X 18¿ BARN WITH GARAGE PARKING AND STORAGE ABOVE. GREAT OPPORTUNITY FOR OWNER-OCCUPIED INVESTMENT. RENOVATIONS NEARING COMPLETION- ACT QUICKLY AND PICK YOUR OWN TENANTS!
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THIS BUILDING HAS GOOD CASH FLOW. THE HISTORIC FEDERAL STYLE TAVERN WAS PICKED UP AND MOVED TO A NEW FOUNDATION ABOUT 25 YEARS AGO AND THEN CONVERTED INTO 6 RENTAL UNITS. ALL TENANTS RECEIVE A $25/MO. INCENTIVE IF RENT IS PAID BEFORE 1ST OF THE MONTH. OWNER HAS INSTALLED NEW PROPANE BOILER IN SPRING 2009 AND IS CURRENTLY UPGRADING TWO UNITS.
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