416 KILLINGTON ROAD Killington, VT 05751 | Multi-Family

$768,900

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2304 sqft.
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Prestige Real Estate of Killington

Description

This nicely updated side by side duplex is conveniently located directly on Killington Road providing occupants with easy access to restaurants, shopping, entertainment, and bus service to and from Killington, Pico, and Rutland. Perched on a hill, enjoy mountain views and sunrises from the upper level living spaces. Both living rooms feature wood burning fireplaces with reclaimed wood beam mantels. 2020 updates include brand new kitchens, updated bathrooms, wide plank white oak flooring, all new light fixtures, W/Ds and roof. Private backyard space has plenty of room to add a hot tub. This property has generated strong income from both seasonal and short term rentals over the years. Seasonal rentals in 2021 generated over $80,000 in gross revenue. Revenue from short term rentals in 2022 year to date alone has been over $60,000. If you are looking for an investment property or a property to use yourself and cover expenses by renting the other side, this is a MUST SEE. Call now for an appointment. Note: underground oil tanks will be removed at the beginning of April 2022.

Property Details

List Price $699,000 Sold Price $768,900 List Date 2022-03-18 Sold Date 2022-05-20 MLS ID 4901417 Status Closed Property Type Multi-Family County VT-Rutland Days on Market 3

structure

AG Finished Area 2304.0 basement No cooling None Features Exterior Deck flooring Carpet, Slate/Stone, Tile foundation details Concrete garage y n No heating Baseboard, Hot Water, Multi Zone living area 2304.0 living area units Square Feet new construction Existing Parking Features Common/Shared, Paved roof Shingle - Asphalt stories 2 year built 1976

characteristics

Acres 0 lot size area 0.5 Lot SqFt 21780.0 lot size units Acres # of Units 2 road frontage type Public road surface type Public

school

elementary school Sherburne Elementary School high school Woodstock Union High School middle or junior school Woodstock Union Middle School

tax

tax annual amount 5431.5 tax year 2021 zoning Commercial

financial

gross income 80000.0 operating expense 11140.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Non-Rep Comp. 2.5 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 4:18:33 AM (UTC)