Bought with Kara Koptiuch • BHHS Vermont Realty Group/S Burlington
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16 Gallup Court Swanton, VT 05488
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Key Details
Sold Price $334,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $68
MLS Listing ID 4344985
Sold Date 03/31/15
Full Baths 6
Construction Status Existing
Year Built 1975
Annual Tax Amount $5,320
Tax Year 2013
Lot Size 0.500 Acres
Acres 0.5
Property Description
Great 6 Unit investment building with solid rental history. Building Gross income of $66,000. 4 units at rent at $950 a mo that include heat and elec. 2 units rent at $850 and include heat, only. Four 1st floor 1 level apartments. Two 2nd floor one level apartments. New Natural Gas High efficiency furnace installed in 2014 will push the net profits up from the previous years!! New Roof in 2015. This a is a turnkey investment that shows profits from day 1. Building was built in 1975 as a 6 unit complex. This is not a converted home it's a rental set up. Property is the last place on a Cul-de-sac drive street that is located in Swanton Village. At about $58k a unit these numbers work for an investor.
Location
State VT
County Vt-franklin
Area Vt-Franklin
Zoning Res
Rooms
Basement Full
Interior
Cooling Multi Zone
Flooring Carpet, Vinyl
Exterior
Garage Description On-Site
Utilities Available Cable
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Concrete
Sewer Public
Architectural Style Other
Construction Status Existing
Schools
High Schools Missisquoi Valley Uhsd #7
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