List Price: $375,000 | $202 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Apr 4, 2025 | MLS# 5034883



Address: 185 North Windsor Street Royalton VT
Listed by Lisa Baldwin Coldwell Banker LIFESTYLES - Hanover Cell: 802-356-7200
Description:
Located across the street from Vermont Law School (VLS), this property has been completely renovated into a 3 unit apartment building with a wrap around porch and 15' x 14' a deck. Situated on just over a half an acre, the lot is level and a stone throw from the village green. This property is currently 100% occupied and has a very strong rental history given its condition and its proximity to VLS. While 2 of the 3 units are currently rented for the upcoming school year, the owners are delaying renting the two bedroom unit for a few weeks for those who may be looking for housing and want an income producing property while attending VLS. The available unit is the only 2 bedroom unit being offered furnished in the building. Since owning the property, the current owners have made many upgrades including windows, siding, heating system in addition to the three units themselves all which offer 3/4 baths, kitchens with oak cabinets, refrigerators, electric ranges, dishwashers and microwaves. Each unit is unique in what they offer - studio, 2 bedroom and 1 bedroom with French doors to the deck. In the lower level, there is a coin operated washer and dryer. For those looking for more storage, there is a detached barn with concrete floor and a second floor. While it could be used as a one car garage, there is plenty of off street parking. Extremely well cared for and close to everything that the Upper Valley has to offer. Delayed showings begin 4/9/25 Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $7,739
Income
Gross Income | $49,200
NetIncome | $30,549
Appliances : Water Heater – Off Boiler

UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Sq.Ft.: 700
Level: 1
Info : Appliances Included,Ceiling Fan,Deck,Dishwasher,Heat Included,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1250.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 700
Level: 2
Style : 2 bedroom / 1 bath
Info : Appliances Included,Ceiling Fan,Dishwasher,Furnished,Heat Included,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1630.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rooms: 1
Sq.Ft.: 450
Level: 3
Style : 1 bedroom / 1 bath studio
Info : Appliances Included,Ceiling Fan,Dishwasher,Heat Included,Microwave,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1050.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

Construction: Vinyl Siding
Year Built: 1850
Style: Farmhouse
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 2560
Above Grade Sq.Ft.: 1856
Basement: Concrete Floor | Full | Stairs - Interior | Sump Pump | Unfinished
Foundation: Concrete | Stone
Exterior Features:
Deck | Garden Space | Outbuilding | Porch - Covered
Exterior Color: Yellow
Roof: Slate
Garage And Parking: Storage Above | Barn | Detached
Seasonal: No
Heating: Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Trash: Private
Utilities: Cable - Available | Gas - LP/Bottle
Electric Meters: 4
Gas_Meters: 1
Water: Public
Sewer: Public
Land Information
Level | In Town | Near Railroad | Near School(s)
Lot size: 0.66 acres
Zoned: None)
Surveyed: Unk
Flood Zone: No
Road Frontage: 140
Driveway: Crushed Stone
Additional Information
Docs Available : Deed | Property Disclosure | Tax Map
Taxes $7,739
Assesed Value Not Reported
Schools
School District: Windsor
Elementary School: South Royalton School
Middle School: South Royalton School
High School: South Royalton High School

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