46-48 North StreetRoyalton, VT 05068MLS Number 4868139

  • Price: $1,600,000
  • Est. Mortgage of $/month
  • 36 Days on Market
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Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
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46-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 0506846-48 North Street Royalton VT 05068
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  • 1Acreage
  • 16Bathrooms
  • 1950Year Built
  • 8,500Square Feet

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Listed by Jason Saphire of www.EntryOnly.com
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.

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$1,600,000
  • MLS Number4868139
  • MLS StatusActive

Property

  • Acreage1
  • Parking Spaces
  • Square Feet8,500
  • APX Fin AG Sqft8,500
  • Road Frontage134
  • RoadsPaved, Public
  • Lot Description
    • City Lot
    • Commercial Zoning
    • Corner Business District
    • In Town
    • Near Public Transportatn
    • Near Railroad
    • Near Shopping
    • Neighborhood
    • Village

Amenities

  • Exterior AmenitiesBalcony, Porch, Shed

Other

  • Taxes$15,920
  • Seasonal Y/NNo
  • Occupant Restrictions# of Occupants, Other, Pets - Cats Allowed, References
  • TrashCans, Private
  • Unit 1 Deposit$1,250
  • Unit 2 Rent Amount$1,150
  • Unit 3 Rent Amount$1,050

Location

  • TownRoyalton
  • StateVT
  • Zip05068
  • CountyWindsor
  • Zoningn/a
  • Flood Zone Y/NNo

Interior

  • FloorsLaminate, Softwood, Vinyl

Exterior

  • ExteriorClapboard, Metal, Wood
  • RoofMetal
  • Exterior ColorYellow

Utilities

  • Heat FuelGas - LP/Bottle, Pellet
  • Heat SystemBaseboard, Direct Vent, Hot Water, Individual, Programmable Thermostat, Wood Boiler
  • UtilitiesCable, Gas - LP/Bottle, Internet - Fiber Optic, Phone
  • WaterMetered, Public Water - On-Site
  • Water HeaterGas - LP/Bottle, On Demand
  • ElectricCircuit Breaker(s)
  • Sewer500 Gallon,1250 Gallon, Public Sewer On-Site

Building

  • Year Built1950
  • Building ConstructionModular Prefab, Wood Frame
  • StyleApartment Building, Multi-Family
  • Units16
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • # of 1 Bedrooms15
  • # of 2 Bedrooms1
  • Bathroom16
  • Total Baths16
  • BasementBulkhead, Concrete, Crawl Space, Dirt
  • FoundationConcrete, Fieldstone

Your Local Office

John Wetmore

John Wetmore

5 Central Street,
Woodstock, VT 05091

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Copyright 2021 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. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 27, 2021.

 

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