1035 US Route 5 Derby, VT
$1,200,000
Square Footage 6,750
Acres 16.36
Description
Unique Investment Opportunity here in the Northeast Kindgom of Vermont, this fully occupied 7 unit complex siting on 16 plus acres of land with lots of room for future developement re: lots of road frontage and the spacious 3 story barn just waiting for your Architectural flair and developement visions. All 7 units are consistently occupied with long term professional tenants. The original Farmhouse was renovated in 2013 keeping the intricate woodwork, mediallion ceilings, floor boards and exposed beams. The original Milk House is now 2- 1 bedroom separate units with propane heat. Tenants Pay their own utilities. Each unit has access to covered parking and storage . Excellent recreation area includes; snowmobiling, skiing, kayaking, canoeing and boating. Hiking, Biking. Minutes to Route 91 North & South. Canada within minutes. Excellent Rental History on this one of kind Investment in the Northeast Kingdom of Vermont
Listed by Century 21 Farm & Forest, Lee Fitzgerald-Pierce & David Kennison 802-334-1200
Details
MLS 5070753
Price $1,200,000
Status Active
DOM 291 days
Type Multi-Family
Style Post and Beam, Duplex, Multi-Family, Farmhouse, Townhouse
Square Feet 6,750 sqft
Lot Size 16.36 acres
Year Built 1783
Taxes Paid $11,048
Lot & Building Features
Utilities Satellite, Propane
Construction Wood Frame
Cooling Wall AC Units, None
Heating Wall Units, Oil, Baseboard, Propane
Parking Description Assigned, Carport, Covered, Parking Spaces 1 - 10, On-Site
Sewer Septic, Private
Tax Year 2025
Taxes Paid $11,048
Water Private, Drilled Well
Basement Description Dirt Floor, Crawl Space, Bulkhead, Unfinished, Concrete Floor
Foundation Granite, Concrete
Lot Description Abuts Conservation, Agricultural, Timber, Near Hospital, Near School(s), Field/Pasture, Open, Major Road Frontage, Rural, Sloping, Near Paths, Near Snowmobile Trails, Landscaped, Near Skiing, Near Shopping, Wooded, Country Setting
Roof Metal
Garage Yes
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.