Price Change! reduced by $26,000 on November 15th 2024 $299,000 | $133 per sq.ft. | MLS# 5016365
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4
Unit Multi Family Home, 989-1009 Middle Pownal Road Pownal VT
With 3 - One Bedroom Units | 1 - Two Bedroom Units
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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.
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Annual Expenses
Taxes: $0 |
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Income
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UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0Level: 2Tenant Pays : Electric,Internet ServiceRent : 1100.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 1Rent : 1200.00 MonthlyStatus : Vacant
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UNIT 3 INFORMATION
Beds: 1Baths: 1Level: 1Rent : 1200.00 MonthlyStatus : Vacant
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UNIT 4 INFORMATION
Beds: 1Baths: 1Rent : 490.00 MonthlyStatus : Month to Month
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Price Per SQ.FT. 133.01 | Year Built: 1970 |
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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
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Lot size: 0.43 acres Zoned: RR1 (rural residential 1) Surveyed: Unk Flood Zone: Unknown Seasonal: No Roads: Paved | Public Driveway: Gravel |
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ADDITIONAL INFORMATION
Taxes $0 | Assesed Value $0 in |
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SCHOOLS
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Unit A Deck
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed.
The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 November 21st, 2024
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VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
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http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf
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