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Courtesy of Cecile Provost of Kw Vermont.

1035 Us Route 5

Derby, VT 05829
  • $995,000
  • STATUS: Active
  • ON SITE: 186 Days
  • MLS #: 4856919
UPDATED: 55 min ago
$995,000
  • 11
    BEDS
  • 16.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,750
    SQFT
  • $147
    $/SQFT
Type:
Multi-Family
Built:
1783
County:
Area:

School Information

Elementary School:
Middle School:

Description

This investment property is the opportunity people dream of! A historic barn with excellent property income that includes 7 residential apartments on 16.36 acres. The house and barn were built in late 1700's which could qualify them for historic preservation grants and tax credits. The house was completely renovated in 2013 with new plumbing, septic, electricity, well, individual furnaces' while paying attention to working with the integrity of the original structure. The original workshop was also gutted and renovated into two one bedroom apartments. The seven apartments range from 600 to 1200 sq ft and have their own electric and heating systems which opens the door to possibly create condo units with an association for all maintenance. The existing acres are commercially zoned, currently being used as agriculture land while renting some of the barn for storage. Having both Residential 2 and commercial zoning with this property offers many possibilities for the 8 acres of open land and barn. Provost Farms offers a country way of life that allows for privacy and community interaction. The tenants enjoy access through open fields to a brook or petting the sheep grazing on the hillside, and access to your own vegetable garden. Meandering through the extensive perennial flower gardens and sitting around the campfire are often the preferred way to end the evenings. A place to relax, chat and enjoy mother nature. One of the sellers is the selling agent.

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© Copyright 2021 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 2021-10-26T07:05:39.007.
www.livingvermont.com/homes/116355225
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1035 Us Route 5 Derby, VT 05829

  • Price: $995,000
  • Status: Active
  • Updated: 55 min ago
  • MLS #: 4856919
11
Beds
0
Baths
0
½ Baths
16.36
Acres
6,750
SQFT
$147
$/SQFT
1783
Built
County:
Orleans
Area:
Derby
Elementary School:
Derby Elementary
Middle School:
North Country Junior High
High School:
North Country Union High Sch
School District:
North Country Supervisory Union
Property Description
This investment property is the opportunity people dream of! A historic barn with excellent property income that includes 7 residential apartments on 16.36 acres. The house and barn were built in late 1700's which could qualify them for historic preservation grants and tax credits. The house was completely renovated in 2013 with new plumbing, septic, electricity, well, individual furnaces' while paying attention to working with the integrity of the original structure. The original workshop was also gutted and renovated into two one bedroom apartments. The seven apartments range from 600 to 1200 sq ft and have their own electric and heating systems which opens the door to possibly create condo units with an association for all maintenance. The existing acres are commercially zoned, currently being used as agriculture land while renting some of the barn for storage. Having both Residential 2 and commercial zoning with this property offers many possibilities for the 8 acres of open land and barn. Provost Farms offers a country way of life that allows for privacy and community interaction. The tenants enjoy access through open fields to a brook or petting the sheep grazing on the hillside, and access to your own vegetable garden. Meandering through the extensive perennial flower gardens and sitting around the campfire are often the preferred way to end the evenings. A place to relax, chat and enjoy mother nature. One of the sellers is the selling agent.
Exterior Features

Color White Construction Wood Frame Driveway CircularGravelPaved Exterior AluminumMetalVinyl SidingWood Exterior Features BalconyBarnFence - PartialGarden SpaceHandicap ModifiedShedStorage Garage Description AssignedAuto OpenOther Garage Type2 Carport Has Garage Yes Lot Description Country SettingFarmField/PastureHillyLandscapedMajor Road FrontageOpenStream Parking AssignedOff StreetOn-SiteParking Spaces 6+PavedVisitorCovered Road Frontage Yes Road Frontage Length 300 Roads PavedPublic Roof Metal Style FarmhouseMulti-FamilyMulti-Level

Interior Features

Basement Access Type Walkout Basement Description BulkheadConcreteCrawl SpaceDirt FloorNo Tenant AccessUnfinished Cooling None Flooring CombinationHardwoodLaminateVinylWood Foundation FieldstonePoured ConcreteStone Has Basement Yes Heating BaseboardEnergy Star SystemForced AirHot WaterIndividualMonitor Type Total Heated Units 7 Total Ranges 7 Total Refrigerators 7 Unit1 Approx Sq Ft 1200 Unit1 Baths 2 Unit2 Approx Sq Ft 1275 Unit2 Baths 2 Unit3 Approx Sq Ft 600 Unit3 Baths 1 Unit4 Approx Sq Ft 1200 Unit4 Baths 2 Unit5 Approx Sq Ft 1200 Unit5 Baths 2 Unit6 Approx Sq Ft 625 Unit6 Baths 1 Unit7 Approx Sq Ft 625 Unit7 Baths 1 Water Heater On DemandOwned

Property Features

Auction No Construction Status Existing Easements No Electric Circuit Breaker(S) Electric Company Vt Elect Coop Flood Zone No Fuel Company Freds Energy Gross Income 95052 Heat Fuel Gas - Lp/BottleOil Items Excluded All items/furniture in Apt 3BarnGarden Shed And Carport Are Not included. The Barn is Sold As is. Possession At ClosingTenant Rights Pre Construction No Seasonal No Separate Utilities Yes Sewer 1500+ GallonLeach Field - On-SiteSepticSeptic Design Available Tax Gross Amount 9863.14 Tax Year 2020 Taxes Tbd Yes Total Electric Meters 8 Total Gas Meters 7 Total Leases 7 Total1 Bed Units 3 Total2 Bed Units 4 Total3 Plus Bed Units 0 Trash RecycleTenant Unit1 Rental Amount 1200 Unit1 Tenant Pays ElectricHeatInternet ServiceTrash Unit2 Rental Amount 1095 Unit2 Tenant Pays ElectricHeatInternet ServiceTrash Unit3 Rental Amount 1595 Unit4 Rental Amount 1200 Unit4 Tenant Pays ElectricHeatInternet ServiceTrash Unit5 Rental Amount 1200 Unit5 Tenant Pays ElectricHeatInternet ServiceTrash Unit6 Rental Amount 975 Unit6 Tenant Pays ElectricHeatInternet ServiceTrash Unit7 Rental Amount 975 Unit7 Tenant Pays ElectricHeatInternet ServiceTrash Utilities Internet - Cable Water Drilled Well Zoning Commercial And R2

Courtesy of Cecile Provost of Kw Vermont.


© Copyright 2021 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 2021-10-26T07:05:39.007.
 
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