This property is part of 28 units package, could be purchased all or two 14 unit packages, please see MLS # 5067282, total price for all 28 units is $2,450.000 Great investment opportunity, Well maintained property in Castleton (Bomoseen) this property consists of two buildings, Front building with 10units consists of five 2 bedrooms , Three 1 bedrooms , One 3 bedrooms and an Efficiency unit, Back building is 4 units (town home styles)2 stories each unit all four are 2 bedroom units. Total of 14 units , Sits on a large parcel over 6.8_+Acres near lake bomoseen and conveniently on route 30 but buildings are far enough from the road, Plenty of parking , Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $213,156 A year With expenses just around $67,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above12% , 11 units are occupied currently the other 3 are in transition .3 Heating boilers service the front building and two boiler Services the back building.
277 days
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Zillow last checked:
Listing updated:
Listed by:
Mike Kalil,
Watson Realty & Associates802-773-3500
Source: PrimeMLS,MLS#: 5067288
Facts & features
Interior
Bedrooms & bathrooms
Full bathrooms: 14
Heating
Baseboard
Cooling
None
Features
Basement: Unfinished,Interior Entry
Interior area
Total structure area: 14,090
Total interior livable area: 12,090 sqft
Finished area above ground: 12,090
Finished area below ground: 0
Property
Parking
Parking features: Gravel
Features
Levels: Two
Waterfront features: Lakes
Frontage length: Road frontage: 1003
Lot
Size: 6.84 Acres
Features: Country Setting, Level, Major Road Frontage
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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