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365 Vermont Route 243 Lot #3 (See Survey, Deed), Troy, VT 05859

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For Sale
Sale Pending

$275,000

6 beds2 baths2,700 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $101.85
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

DUPLEX FOR SALE! 12 minutes from Jay Peak Resort. Perfect for owner occupied, investor, AirBnb / VRBO, or anyone looking to build equity. Pro-forma cap rate of ~7% (w/professional management) or ~8.3% (self-managed) - figures are projected only. In excellent shape and move-in-ready. Perched atop a hill with excellent curb appeal, this commanding 2-story duplex has side-by-side units with separate utilities, 2 generators, and a full basement. You won't find a more solid duplex in the area - built as a Custom's Building in the 1930's by the Federal Government and designed to survive harsh winters. Each unit is nearly identical in terms of footprint, style/finishes, and layout. Interior pics are from Unit 2. Each unit totals 2025 SF, featuring 1350 SF finished, and an unfinished 675 SF basement. On the main level is the kitchen, formal dining room, and large living room with wood fireplace. The 2nd floors each have 3 large bedrooms, a stylish full bathroom, and a big linen closet in the hallway. Floors are all hardwood with the exception of the kitchens, bathrooms, and basement. Basements are large and spacious with high ceilings - great for storage! Each unit has a covered deck. Most appliances are included in the sale (see "Items Excluded"). Tenant has lived in Unit 1 for 20 years and is currently on a friendly MTM lease to provide a buyer with flexibility. Tenant is open to signing a market-rate lease with the new owner. Wood fireplaces need unknown repairs to be functional.
MLS# 5047387

Courtesy Of Jim Campbell Real Estate

(802) 334-3400

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Hardwood, Laminate, Tile
  • Lot Size
    0.57 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Home seller CENTURY 21 Farm & Forest

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Farm & Forest

(802) 334-1200
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