Description
A turnkey investment opportunity in one of Chittenden County's most desirable rental markets. Built in 2013 by Huntington Homes, this solid, well-constructed duplex offers two identical 2-bedroom, 2-bath townhouse units with 884 square feet each, clean, efficient, and easy to manage. Each unit comes fully equipped with all appliances included washer, dryer, dishwasher, stove and refrigerator making them attractive to tenants and simple to lease. Both units feature a private deck and a secured storage building, along with separate utilities (electric, gas, and water meters) so tenants cover their own usage. Natural gas heat, public water and sewer, and a paved driveway with ample parking round out the practical features that keep operating costs predictable. Despite the convenient Shelburne location, minutes from shopping, public transportation, and everyday amenities, this property feels tucked into nature, with a stream running through the level, 0.78-acre lot and regular visits from local wildlife. It's the kind of setting that's hard to find this close to town. Currently generating $49,800 in gross annual income with one unit leased and one vacant for immediate occupancy or owner-use. This property may qualify for additional units, buyers are encouraged to do all due diligence. The identical sister property at 158-160 Northside Drive is also available, offering an investor the chance to acquire both for a combined four-unit portfolio in the same well-run, low-maintenance community. Solid construction, strong rental demand, and a peaceful natural setting, this is multi-family investing made simple. Open House Sunday 6/28 12-2 pm
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4BEDS
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0.78ACRES
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2BATHS
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01/2 BATHS
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2,380SQFT
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$273$/SQFT
School Information
Description
A turnkey investment opportunity in one of Chittenden County's most desirable rental markets. Built in 2013 by Huntington Homes, this solid, well-constructed duplex offers two identical 2-bedroom, 2-bath townhouse units with 884 square feet each, clean, efficient, and easy to manage. Each unit comes fully equipped with all appliances included washer, dryer, dishwasher, stove and refrigerator making them attractive to tenants and simple to lease. Both units feature a private deck and a secured storage building, along with separate utilities (electric, gas, and water meters) so tenants cover their own usage. Natural gas heat, public water and sewer, and a paved driveway with ample parking round out the practical features that keep operating costs predictable. Despite the convenient Shelburne location, minutes from shopping, public transportation, and everyday amenities, this property feels tucked into nature, with a stream running through the level, 0.78-acre lot and regular visits from local wildlife. It's the kind of setting that's hard to find this close to town. Currently generating $49,800 in gross annual income with one unit leased and one vacant for immediate occupancy or owner-use. This property may qualify for additional units, buyers are encouraged to do all due diligence. The identical sister property at 158-160 Northside Drive is also available, offering an investor the chance to acquire both for a combined four-unit portfolio in the same well-run, low-maintenance community. Solid construction, strong rental demand, and a peaceful natural setting, this is multi-family investing made simple. Open House Sunday 6/28 12-2 pm
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Courtesy of Cole Elwood of KW Vermont: Phone: 802-782-3490.