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Courtesy of Leigh Horton of Your Journey Real Estate.

101 Lincoln Avenue

St. Albans City, VT 05478
  • $330,000
  • STATUS: Pending
  • ON SITE: 15 Days
  • MLS #: 4895141
Pending
UPDATED: 229 min ago
$330,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,218
    SQFT
  • $149
    $/SQFT
Type:
Multi-Family
Built:
1890
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Looking for an investment / 1031 exchange, or owner occupy property? This 2-1-1 apartment house has it all covered! The capitalization rate is solid, positive tenant history, separate utilities, AND the Sellers have taken such good care of this property throughout the years. From the list: The majority of the windows and exterior doors have been replaced, a concrete retaining wall installed along the driveway, a new metal roof installed in 2019, front steps replaced, covered stoop built, and most recently a new sewer main was installed. Each unit has their own private entry and there's plenty of parking, with a shared driveway off Upper Welden St. for two of the units (Apt. 1 + 35 Upper Welden St.) and another driveway off of Lincoln for the third unit (Apt. 2). This is such a great opportunity to add to your investment portfolio or purchase your first one!

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2022-01-28T00:05:29.183.
www.livingvermont.com/homes/124694776
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101 Lincoln Avenue St. Albans City, VT 05478

  • Price: $330,000
  • Status: Pending
  • On Site: 15 Days
  • Updated: 229 min ago
  • MLS #: 4895141
4
Beds
3
Baths
0
½ Baths
0.12
Acres
2,218
SQFT
$149
$/SQFT
1890
Built
County:
Franklin
Area:
St. Albans City
Elementary School:
St Albans City School
Middle School:
St. Albans City School
High School:
Bfast Albans
School District:
Maple Run Usd
Property Description
Looking for an investment / 1031 exchange, or owner occupy property? This 2-1-1 apartment house has it all covered! The capitalization rate is solid, positive tenant history, separate utilities, AND the Sellers have taken such good care of this property throughout the years. From the list: The majority of the windows and exterior doors have been replaced, a concrete retaining wall installed along the driveway, a new metal roof installed in 2019, front steps replaced, covered stoop built, and most recently a new sewer main was installed. Each unit has their own private entry and there's plenty of parking, with a shared driveway off Upper Welden St. for two of the units (Apt. 1 + 35 Upper Welden St.) and another driveway off of Lincoln for the third unit (Apt. 2). This is such a great opportunity to add to your investment portfolio or purchase your first one!
Exterior Features

Area Description Near ShoppingNeighborhoodNear Hospital Color White Construction Wood Frame Driveway Gravel Exterior Vinyl Has Garage No Lot Description City LotCorner Parking DrivewayOn-Site Road Frontage Yes Road Frontage Length 70 Roads PavedPublic Roof Metal Style FarmhouseMulti-Family

Interior Features

Basement Access Type Walkout Basement Description Concrete FloorWalkoutExterior Access Cooling None Foundation Stone Has Basement Yes Heating Baseboard Total Heated Units 3 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 3 Unit1 Approx Sq Ft 637 Unit1 Baths 1 Unit2 Approx Sq Ft 444 Unit2 Baths 1 Unit3 Approx Sq Ft 464 Unit3 Baths 1 Water Heater Tank

Property Features

Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Fuel Company Vermont Gas Gross Income 33000 Heat Fuel Gas - Natural Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 4849.76 Tax Year 2022 Taxes Tbd No Total Electric Meters 3 Total Gas Meters 3 Total Leases 3 Total1 Bed Units 2 Total2 Bed Units 1 Total3 Plus Bed Units 0 Unit1 Info Laundry HookupRange - ElectricRefrigerator Unit1 Rental Amount 1200 Unit1 Tenant Pays ElectricHeatInternet ServiceTv Service Unit2 Info Laundry HookupRange - ElectricRefrigerator Unit2 Rental Amount 775 Unit2 Tenant Pays ElectricHeatInternet ServiceTv Service Unit3 Info Range - ElectricRefrigerator Unit3 Rental Amount 775 Unit3 Tenant Pays ElectricHeatInternet ServiceTv Service Utilities Cable Water Public Zoning Res3Fam Hse

Courtesy of Leigh Horton of Your Journey Real Estate.


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2022-01-28T00:05:29.183.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446