49 DUNHAM AVENUE Shaftsbury, VT 05257 | North Bennington | Multi-Family

$310,000

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4580 sqft.
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Description

Excellent investment opportunity! Netting over $34k annually, this 4-unit on the outskirts of North Bennington is fully rented and ready for you to let the cash flow. Desirable location within walking distance to village bars & restaurants, corner stores, laundromat, library, Lake Paran and more. School choice for grades K-6 including Village School of North Bennington, Shaftsbury Elementary, or any public school you choose to send your child to. Original 1925 duplex is side-by-side with (2) up and down units... unit A has 3 bedrooms and 3/4 bath, unit B has 2 bedrooms and 1 full bath. Hardwood floors throughout, with main level living rooms & eat-in kitchens, and all beds/baths upstairs. In 2020, seller installed new oil tank, Buderus boiler & separate hot water tanks. Front & rear covered porches have been rebuilt. Behind the main house is a separate building with 1-car garage and (2) large studio apartments with 3/4 baths. This building has vinyl siding and in 2005 got a new oil tank and Peerless boiler with domestic hot water. Seller owns all the appliances (fridge & elec range in every apartment) so they will convey to new owner. There is a washer/dryer in the garage building but per the lease terms tenants do not use it. Fantastic backyard, a sunny common space for all to enjoy. Town water and private 1000 gallon septic system, recently pumped. An easy property to manage, with low vacancy, strong financials and so many improvements already done!

Property Details

List Price $325,000 Sold Price $310,000 List Date 2021-05-07 Sold Date 2021-10-08 MLS ID 4859583 Status Closed Property Type Multi-Family County VT-Bennington Days on Market 72

structure

AG Finished Area 3470.0 basement Yes cooling None Features Exterior Garden Space, Porch - Covered flooring Hardwood, Laminate, Vinyl foundation details Poured Concrete, Stone garage spaces 1.0 garage y n Yes heating Baseboard, Hot Water living area 4580.0 living area units Square Feet new construction Existing Parking Features Paved roof Shingle - Asphalt stories 2 year built 1925

characteristics

Acres 0 lot size area 0.62 Lot SqFt 27007.0 lot size units Acres # of Units 4 road frontage type Gravel, Public road surface type Gravel, Public

school

elementary school Choice high school Mt. Anthony Sr. UHSD 14 middle or junior school Mt. Anthony Union Middle Sch

tax

tax annual amount 4143.95 tax year 2021 zoning VR

financial

gross income 57000.0 net operating income 38189.0 operating expense 18811.0

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 7:37:33 AM (UTC)