304 Union Street Northfield, VT
$320,000
Beds 5
Square Footage 2,470
Acres 0.50
Description
Investors, take note! This duplex property offers a 10% cap rate with steady rental history. The main 5-bedroom home was built in 1840, with great bones, large eat-in kitchen, two bathrooms, new appliances, wood floors, wraparound porch, and a detached garage for extra parking and storage. The 2001 addition is super cute with solid flooring, an eat-in kitchen, first floor bedroom and laundry, and expansive loft space upstairs. There is even a rooftop deck to enjoy all four Vermont seasons! The current owners are downsizing their portfolio, which poses an excellent opportunity for you! Purchase the building as an investment and gross almost $40,000 annually, or owner-occupy one unit and rent the other for supplemental income. The choice is yours at this unique property!
Listed by Green Light Real Estate - Barre, Kate Root
Details
MLS 5014190
Price $320,000
Status Active
DOM 93 days
Type Multi-Family
Style Cape, Multi-Family, Duplex
Beds 5
Square Feet 2,470 sqft
Lot Size 0.50 acres
Year Built 1840
Taxes Paid $6,036
Lot & Building Features
Utilities Gas - LP/Bottle
Construction Clapboard Exterior, Wood Frame, Vinyl Siding
Cooling None
Heating Baseboard, Propane, Oil, Monitor Type, Hot Water
Sewer Public
Tax Year 2024
Taxes Paid $6,036
Water Public
Basement Description Dirt
Foundation Concrete, Granite, Fieldstone
Lot Description Country Setting, Sloping, Neighborhood
Roof Metal, Shingle
Features Exterior Deck, Porch - Covered, Porch
Garage Yes
Unit Features
Unit 1 Lease Term Annual
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1200.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays All Utilities
Unit 2 Baths 2
Unit 2 Bedrooms 5
Unit 2 Lease Term Month to Month
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Month to Month
Unit 2 Tenant Pays All Utilities
Schools
Elementary School Northfield Elementary School
Junior High School Northfield Middle High School
Senior High School Northfield High School
Multi-Family Home for Sale: 304 Union Street, Northfield, VT 05663
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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.