
Duxbury, VT3085 River Road
Price$1,300,000
Est. Mortgage: $/month
MLS Number 4908277
- Multifamily
- Units 9
- Bathroom 9
- Acreage 31.26
- Square Feet 6,432
A unique and lucrative 9-unit investment property located just 5 minutes from downtown Waterbury. The lot consists of 31 acres and permits are available for an additional stand alone building with three 2 bedroom apartments. The barn, with 6 units, was fully renovated starting in 2000 and the apartments are comfortable and inviting with exposed beams, great light and modern finishes. The farmhouse, also renovated, consists of 2/2 bedroom large units and a one bedroom unit. Additional features include secure storage units for each apartment, a shared coin-op laundry room, newer boilers and water heater. This is a rare opportunity to own a stable income producing asset with a quiet country setting, open garden space, plenty of parking and long term tenants. Take advantage of the income from a well maintained and easy to manage property in a highly desirable location. Easy commute to Burlington or Montpelier, and close to many recreational activities. Property was withdrawn previously because Seller wanted to wait to close until 2023.
Listed by Lisa Meyer of BHHS Vermont Realty Group/Waterbury
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Price | Down Payment | Interest Rate | Years |
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Est. Mortgage: $/month
Federal 30-year interest rate: 6.13% last updated on 2023-01-26
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.