Bought with Eric M Hier • Northland Real Estate
$395,000
$455,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
7,740 SqFt
SOLD DATE : 11/14/2022
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 7,740 sqft
Price per Sqft $51
MLS Listing ID 4916897
Sold Date 11/14/22
Style Apartment Building
Bedrooms 8
Full Baths 8
Construction Status Existing
Annual Tax Amount $7,088
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Apartment Building
Property Description
Turnkey Investment Opportunity! Rare 12 unit in one of a kind Historic Firehouse in the heart of downtown Fairhaven. Each unit features 1 bed, 1 bath, ample living area, individually metered heat units with many long-term tenants. Corner lot with designated parking area, within minutes of local Castleton University, downtown Rutland and Lake Bomoseen. Exterior is very sturdy double walled brick, well pointed and clean. Recently updated utilities, and some units being fully renovated, hardwood flooring throughout. Gross income over $81k, Income and expense available to qualified buyers. Property offers great cash flow. Don't miss out on this terrific opportunity!
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning res
Rooms
Basement Entrance Interior
Basement Full, Slab, Stairs - Interior
Interior
Heating Gas - LP/Bottle, Oil
Cooling None
Flooring Carpet, Hardwood, Laminate, Vinyl
Exterior
Exterior Feature Brick
Utilities Available Gas - On-Site, Internet - Cable
Amenities Available Snow Removal
Roof Type Membrane
Building
Lot Description Neighbor Business, Street Lights
Story 3
Foundation Brick, Concrete, Slab w/ Frost Wall
Sewer Public
Water Public
Construction Status Existing
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