3639 RICHVILLE ROAD Manchester, VT 05255 | Multi-Family

$580,000

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4500 sqft.
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Description

EXCELLENT INVESTMENT OPPORTUNITY - Substantially renovated, 3 apartment unit building property on 0.65 acres in downtown Manchester Center, Vermont. Apt. A (house) has 4/5 bedrooms, 3 bathrooms. Apt. B (first floor back) has 2 bedrooms, 1 bathroom. Apt. C (second floor back) has 1 bedroom and 1 bathroom. Apt. A has its own washer/dryer and Apt. B and C share a washer/dryer in basement. Updated appliances, heating, insulation, floor, paint, carpet, etc. Great in town living, flat lot with big back yard. Offered for sale at a 9% cap rate!

Property Details

List Price $599,000 Sold Price $580,000 List Date 2021-07-16 Sold Date 2022-04-11 MLS ID 4872876 Status Closed Property Type Multi-Family County VT-Bennington Days on Market 196

structure

AG Finished Area 3500.0 basement Yes cooling None foundation details Concrete, Stone garage y n No heating Baseboard living area 4500.0 living area units Square Feet new construction Existing Parking Features Gravel roof Shingle - Asphalt stories 2 year built 1940

characteristics

Acres 0 lot size area 0.65 Lot SqFt 28314.0 lot size units Acres # of Units 3 road frontage type Public road surface type Public view y n No waterfront features No waterfront y n No

school

elementary school Manchester Elem/Middle School high school Burr and Burton Academy middle or junior school Manchester Elementary& Middle

tax

tax annual amount 4382.0 tax year 2020 zoning MU1

financial

gross income 59400.0 net operating income 53000.0 operating expense 6400.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 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 5:22:29 AM (UTC)