List Price: $320,000 | $130 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Friday Sep 13, 2024 | MLS# 5014190



Address: 304 Union Street Northfield VT
Listed by Kate Root Green Light Real Estate - Barre
Description:
Investors, take note! This duplex property offers a 10% cap rate with steady rental history. The main 5-bedroom home was built in 1840, with great bones, large eat-in kitchen, two bathrooms, new appliances, wood floors, wraparound porch, and a detached garage for extra parking and storage. The 2001 addition is super cute with solid flooring, an eat-in kitchen, first floor bedroom and laundry, and expansive loft space upstairs. There is even a rooftop deck to enjoy all four Vermont seasons! The current owners are downsizing their portfolio, which poses an excellent opportunity for you! Purchase the building as an investment and gross almost $40,000 annually, or owner-occupy one unit and rent the other for supplemental income. The choice is yours at this unique property!
Location : Neighborhood
Operating Expenses : Maintenance,Sewer,Snow Removal,Trash,Water
Annual Expenses

Taxes: $6,037
Income
Gross Income | $38,400

UNIT 2 INFORMATION

Beds: 5
Baths: 2
Rooms: 0
Tenant Pays : All Utilities
Rent : 2000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

Construction: Wood Frame | Clapboard Exterior | Vinyl Siding
Year Built: 1840
Style: Cape | Duplex | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3542
Above Grade Sq.Ft.: 2470
Basement: Dirt
Foundation: Concrete | Fieldstone | Granite
Exterior Features:
Deck | Porch | Porch - Covered
Roof: Metal | Shingle
Seasonal: No
Heating: Baseboard | Hot Water | Monitor Type
Cooling: None
HeatFuel: Gas - LP/Bottle | Oil
Electric: 200 Amp
Trash: Owner | Private
Utilities: Gas - LP/Bottle
Electric Meters:
Water: Public
Sewer: Public
Land Information
Country Setting | Sloping
Lot size: 0.5 acres
Zoned: Northfield)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 100
Driveway: Other
Additional Information
Taxes $6,037
Assesed Value Not Reported
Schools
School District: Northfield School District
Elementary School: Northfield Elementary School
Middle School: Northfield Middle High School
High School: Northfield High School

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