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


$299,000

Price Change! reduced by $26,000 on November 15th 2024
MLS# 5016365
2248 sq.ft. Bedroom | 0 Bathroom
Multi Family
989-1009 Middle Pownal Road Pownal VT
 
Price Change! reduced by $26,000 on November 15th 2024
$299,000 | $133 per sq.ft. | MLS# 5016365 A 4  Unit Multi Family Home, 989-1009 Middle Pownal Road Pownal VT With 3 - One Bedroom Units | 1 - Two Bedroom Units

Description:
Welcome to 989-1009 Middle Pownal Road--a true gem with fantastic income potential in a gorgeous setting! This rare 4-unit multifamily property includes a charming stand-alone 1-bedroom, 1-bathroom cottage, occupied by a long-term tenant, and a well-maintained 3-unit building. The spacious 2-bedroom, 1-bathroom top-floor unit is under an annual lease, while the two fully furnished 1-bedroom, 1-bathroom units on the lower level have been a hit with traveling nurses. These furnished units are currently vacant to make the sale process smooth and stress-free! The main building has had some major upgrades, including a new roof and windows in the last 5-7 years, a new septic tank (2021), a water heater (2022), and a brand-new furnace. The deck has been beautifully rebuilt, and the well was drilled 250 ft deeper with a new pump and filtration system. One of the stoves and refrigerators in the furnished units has also been replaced--talk about move-in ready! While the cottage could use a little TLC, the main building is in top-notch condition and ready to keep earning! Sited in the scenic town of Pownal, you're just minutes from outdoor fun and cultural hotspots like Bennington and Williamstown. This is a rare opportunity to snag a solid investment in a desirable area.

Annual Expenses
Taxes: $0
    Income

UNIT 1 INFORMATION


Beds: 2
Baths: 1
Rooms: 0
Level: 2
Tenant Pays : Electric,Internet Service
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Level: 1
Rent : 1200.00 Monthly
Status : Vacant

UNIT 3 INFORMATION


Beds: 1
Baths: 1
Level: 1
Rent : 1200.00 Monthly
Status : Vacant

UNIT 4 INFORMATION


Beds: 1
Baths: 1
Rent : 490.00 Monthly
Status : Month to Month

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Price Per SQ.FT. 133.01 | Year Built: 1970
LAND DESCRIPTION: LOT DESCRIPTION: Mountain View | Open | View
Livable Space: 2248
Above Grade Sq.Ft.: 2248
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Propane | Oil | Baseboard | Gas Heater - Vented
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Shingle
Water: Drilled Well
Sewer: On-Site Septic Exists
Lot size: 0.43 acres
Zoned: RR1 (rural residential 1)
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Roads: Paved | Public
Driveway: Gravel

ADDITIONAL INFORMATION
Taxes $0  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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