MLS Number 4868139
- Multifamily Multi-Family
- Units 16
- Bathroom 16
- Acreage 1
- Square Feet 8,500
16 Unit Residential Building next to Vermont Law School near the center of South Royalton. Two buildings totaling fifteen 1-bed apartments, one 2-bed apartment, 8 storage units, trash/recycling shed, and coin-op laundry room. Off street parking space for tenants. Older, renovated building has 8 units - owner pays all utilities except phone/tv/internet. Second building built 8 years ago - owner pays heat and hot water, tenants pay the rest of utilities. Propane and commercial wood pellet boilers provide heat and hot water. Town water and septic. All fully occupied with signed leases through July 31, 2022. The apartments are in high demand in the area and are always rented by the end of April for the upcoming lease year. Utility futures installed for four additional units to be built on the property. Income and expense reports available. More information and showings upon request.
Listed by Jason Saphire of www.EntryOnly.com
|Price||Down Payment||Interest Rate||Years|
Est. Mortgage: $/month
Federal 30-year interest rate: 2.8% last updated on 2021-07-29
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.