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Maple Sweet Real Estate

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      123 Thomas LaneStowe, VT 05672MLS Number 4652924

      • Price: $650,000The price has recently decreased
      • Est. Mortgage of $/month
      • 125 Days on Market
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      Price Down Payment Interest Rate Years
      %

      Est. Mortgage: $/month

      Federal 30-year interest rate: 4.03% last updated on 2017-07-13

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 7Bathroom
      • 3996Square Feet
      • 3.6Acreage
      • 1972Year Built

      Great Investment Opportunity for a Landlord with ability to expand. This 6 unit Multi-family built in 1972 was gutted & redone in the 1980's so many issues that might have surfaced have been replaced such as plumbing & wiring. The 6 units undergo continued maintenance upon vacancies. There is a coin operated washer & dryer on premises while Unit 3, the owners unit has its own washer & dryer. Each unit pays its electricity and propane for their gas stoves & gas water heaters. Owner pays for the oil to operate the boiler for the heat throughout the building. Building is conveniently located with frontage on Cliff St if one wants to walk to lower village or driveway off Thomas Lane for an easy walk to the post office, village or ice rink. Extensive financial information available after signing a Confidentially Agreement. The building also includes the laundry room of about 165 sq.ft., the Furnace Room of about 106 sq. ft., Two attached sheds, one 12 x 20 & the other is 10 x 16. There is also a closed storage unit of 12 x 16 ft. with an overhead door and concrete floor. The carport for 4 vehicles is 26"x 40"with an open front side. Building is served by a drilled well which yields about 179 gallons a minute and is treated for iron. The roofs have been replaced pat in 2010 & part in 2016. In addition to the six units existing the zoning would permit an additional 4 units to be constructed and seller had design such a plan a few yars ago but did not seek permits.

      Listed by Ken Libby of Stowe Area Realty LLC

      Driving Directions

      Your Local Office


      4403 Main Street PO Box 703
      Waitsfield VT, 05673

      Office: 1.802.496.9800

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      Call: 1-802-793-1515 1-802-496-9800 or send a message:

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      More Info

      Location Information

      • Elementary SchoolStowe Elementary School
      • High SchoolStowe Middle/High School
      • Junior HighStowe Middle/High School

      Property

      • ZoningRR1
      • Road Frontage150
      • Acreage3.6
      • APX Fin AG Sqft2544
      • FoundationBlock
      • Heat FuelOil
      • Property TypeMulti-Family
      • RoadsPaved, Public
      • Square Feet3996

      Exterior

      • ExteriorClapboard, Wood Siding
      • RoofShingle - Asphalt
      • Exterior ColorBrown

      Amenities

      • Exterior AmenitiesDeck, Fence - Partial, Outbuilding, Private Dock
      • Parking Spaces4

      Other

      • Broker NameStowe Area Realty LLC
      • Agent NameLibby
      • bloggingYes
      • Page258
      • Book325
      • Delayed ShowingsNo
      • Number of Photos13
      • View Count5

      Basic Information

      • # of 1 Bedrooms5
      • # of 2 Bedrooms1
      • StatusACT
      • Units6

      Location

      • StreetThomas Lane
      • Building Number123
      • TownStowe
      • Zip05672
      • CountyLamoille
      • Map07-151.010
      • Flood Zone Y/NNo
      • Lot DescriptionCorner, Landscaped, Walking Trails
      • StateVT

      Interior

      • APX Fin Below Grade1452

      Utilities

      • ElectricCircuit Breaker(s), Underground
      • WaterDrilled Well
      • Heat SystemBaseboard, Hot Water
      • SewerPublic

      Basic Information

      • Date Listed08/11/2017
      • List Price$650,000
      • MLS Number4652924
      • Seasonal Y/NNo

      Building

      • Bathroom7
      • Total Baths7
      • Year Built1972
      • Water HeaterGas - LP/Bottle, Separate
      • BasementFinished, Full
      • FloorsCarpet, Vinyl
      • StyleContemporary
      • Unit 1 Bath1
      • Unit 1 Bedrooms1
      • Unit 1 Floor LocationBasement
      • Unit 1 Total Rooms3
      • Unit 2 Bath1
      • Unit 2 Bedrooms1
      • Unit 2 Total Rooms3
      • Unit 3 Bath2
      • Unit 3 Bedrooms2
      • Unit 3 Total Rooms4
      • Unit 4 Total Rooms3
      • Unit 5 Baths1
      • Unit 5 Bedrooms1
      • Unit 6 Baths1
      • Unit 6 Bedrooms1
      Broker Reciprocity

      Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

       

       

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