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.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 16 Gallup Court, Swanton, VT 05488 is currently for sale.
16 Gallup Court, Swanton is listed for $349,000.
This property has 14 bedrooms, and approximately 4,864 square feet.
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