Selling for nearly $100,000 below town assessment, this classic building contains three very spacious apartments. Numerous updates include rewiring and bringing the building up to Vermont's stringent fire code, new trim and paint, newer windows, newer siding, and some new appliances and bathroom fixtures. Separate meters for each apartment; tenants in apartment 3 pay for their own heat. Property includes a barn and two single car garages, not to mention three acres of park-like grounds and close proximity to the Shoreham Inn, Platt Library, school, and more. Bonus: Town water and sewer. Vermont's rental market is strong, and it would not be hard to be cashflow positive from Day One with this investment. News: Apartment three has just been redecorated--new floor, paint, and washer and dryer.
Investment? Owner occupy? Priced below a recent appraisal and the town assessment. Charming village property with lots of charm and updated systems throughout. Two 1-Bedroom apartments with great living space and one space currently being used as a professional office. Detached barn is partially heated and is a great workshop and storage space. Great Main Street exposure, plenty of parking for apartment occupants and office workers. Three separate 100amp meters, one boiler services the whole building (could be metered). Property is listed on the National Historic Survey and was completely restored by the current owner. Utility expenses listed include electric & sewer. Other utilities listed separately.