30 Summer Street Northfield VT Multi Family For Sale $209000

List Price: $209,000 | $161 per sq.ft. Multi Family
Price Change! Reduced by $15,000 down 7% on October 23rd 2024
A 2 Unit Multi Family Home
With 2 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Sep 25, 2024 | MLS# 5015849

1st Floor Bedroom with large closet

1st Floor Full Bath

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603-643-3942

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Address: 30 Summer Street Northfield VT
Listed by JC Earle EXP Realty Cell: 802-485-9900
Description:
Great duplex in a nice Northfield village location. Low maintenance, turn key rental or owner occupy one unit and rent out the other. Granite counter tops in both kitchens! New kitchen in 1st floor apartment. New (2019) triple pain windows throughout (including proper egress), 2 new Rinnai heaters (2020), 2 new water heaters. Seller updated electrical, fixed plumbing and insulated basement. Previous ownerr jacked up building and poured new foundation, rebuilt floor system and installed standing seam roof. Quiet neighborhood with short walk to downtown Northfield. Town owned land on 3 of 4 sides. Lease out long term or furnish them and rent them out to visiting nurses at the walkable Mayo clinic. Most recent rental figures (7/24) were $1,175 per month 2nd floor unit and $1,070 1st floor unit (longer term tenant). Current projected long term market rent would be $1,250 or more including heat and electricity. Projected Furnished Finder would be $1,500 per unit per month including everything. The seller is the listing agent, a licensed real estate agent in VT. The property is in the Flood Zone. A recent quote obtained for potential buyers info was for $3,000 annual flood insurance yielding $250,000 worth of property coverage and $25,000 worth of lost rental income. Create steady income or get a leg onto the real estate ladder. Affordable utilities: Annual Water/Sewer = $1,157.37, Heat = $959.93 Electricity = $1,154.18. Utilities are easily separateds. Operating Expenses : Heat,Insurance,Sewer,Trash,Utilities,Water,Water/Sewer

Annual Expenses

Taxes: $3,241

Income
Gross Income | $300,000
NetIncome | $26,038

Appliances : Water Heater � Electric | Water Heater � Heat Pump

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 648
Level: 1
Signed Lease : No
Status : Vacant

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 4
Sq.Ft.: 648
Level: 2
Signed Lease : No
Status : Vacant

Exterior Features:
Balcony | Porch | Porch - Covered | Windows - Energy Star | Windows - Triple Pane
Exterior Color: Brown
Roof: Metal
Seasonal: No

Heating: Wall Furnace | Wall Units
Cooling: None
HeatFuel: Gas - LP/Bottle
Electric: 200 Amp
Trash: Private
Utilities: Cable | Gas - LP/Bottle | Multi Phone Lines | Satellite | Telephone Available | Phone
Electric Meters: 3
Gas_Meters: 2
Water: Public
Sewer: Public

Additional Information
Easement - Unknown
Taxes $3,241
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

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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