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    161 Central Street

    Northfield, VT 05663
    • $345,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 4871298
    Price Reduced
    UPDATED: 86 min ago
    $345,000
    • 9
      BEDS
    • 0.13
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 4,532
      SQFT
    • $76
      $/SQFT
    Type:
    Multi-Family
    Built:
    1850
    County:
    Area:

    School Information

    Courtesy of Ray Mikus of Green Light Real Estate.

    Description

    Picture perfect three unit building on iconic Central Street is ready for its new owner. Each unit is three bedrooms, townhouse style, and the tenants pay their own utilities. Thats right--tenants pay heat, electricity, hot water, and even their water/sewer. Makes it really easy to keep track of the finances! The front two units have hardwood floors, and an easy layout. Each has its own basement for storage. One unit has the laundry in its basement, the other has it in a first floor mudroom. The back unit was added after the original construction, and has a different, more modern feel. Unit B(the back unit is Unit B) has three bedrooms, and a nice open upstairs featuring a large living room with a double facing brick fireplace, and an eat-in kitchen. This back unit also has a large, private back deck, great basement storage, and a carport. Overall, the building is in very good condition, including vinyl siding, brand new roof, and systems that are in good condition. At present, since the owner doesnt pay utilities, the net operating income is more than $22,000, and there could easily be room to improve those numbers. This solid investment or owner-occupant property is conveniently located on desirable Central Street, between Norwich University and the Common, and near schools and recreation. Easy access to Montpelier and 89. These units are always in HIGH demand.

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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 2021-07-26T00:05:30.833.
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    161 Central Street Northfield, VT 05663

    • Price: $345,000
    • Status: Active
    • Updated: 86 min ago
    • MLS #: 4871298
    9
    Beds
    3
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,532
    SQFT
    $76
    $/SQFT
    1850
    Built
    County:
    Washington
    Area:
    Northfield
    Elementary School:
    Northfield Elementary School
    Middle School:
    Northfield Middle High School
    High School:
    Northfield High School
    School District:
    Northfield School District
    Property Description
    Picture perfect three unit building on iconic Central Street is ready for its new owner. Each unit is three bedrooms, townhouse style, and the tenants pay their own utilities. Thats right--tenants pay heat, electricity, hot water, and even their water/sewer. Makes it really easy to keep track of the finances! The front two units have hardwood floors, and an easy layout. Each has its own basement for storage. One unit has the laundry in its basement, the other has it in a first floor mudroom. The back unit was added after the original construction, and has a different, more modern feel. Unit B(the back unit is Unit B) has three bedrooms, and a nice open upstairs featuring a large living room with a double facing brick fireplace, and an eat-in kitchen. This back unit also has a large, private back deck, great basement storage, and a carport. Overall, the building is in very good condition, including vinyl siding, brand new roof, and systems that are in good condition. At present, since the owner doesnt pay utilities, the net operating income is more than $22,000, and there could easily be room to improve those numbers. This solid investment or owner-occupant property is conveniently located on desirable Central Street, between Norwich University and the Common, and near schools and recreation. Easy access to Montpelier and 89. These units are always in HIGH demand.
    Exterior Features

    Color White Construction Wood Frame Driveway Paved Exterior Vinyl Exterior Features Deck Garage Type2 Attached Has Garage Yes Lot Description City LotLandscapedLevelSidewalks Road Frontage Yes Road Frontage Length 150 Roads PavedPublic Roof Shingle - Architectural Style Apartment Building

    Interior Features

    Basement Access Type Interior Basement Description ConcreteFullStairs - ExteriorUnfinished Cooling None Foundation ConcreteStone Has Basement Yes Heating Hot AirHot Water Unit1 Baths 1 Unit2 Baths 2 Unit3 Baths 1 Water Heater ElectricOff BoilerOil

    Property Features

    Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Gross Income 34200 Heat Fuel Oil Possession At ClosingTenant Rights Pre Construction No Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 7915.8 Tax Year 2020 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 0 Total3 Plus Bed Units 3 Unit1 Rental Amount 850 Unit1 Tenant Pays ElectricHeatHot WaterSewerWater Unit2 Rental Amount 1150 Unit2 Tenant Pays ElectricHeatHot WaterSewerWater Unit3 Rental Amount 850 Unit3 Tenant Pays ElectricHeatHot WaterSewerWater Utilities Cable - AvailableHigh Speed Intrnt -Avail Water Public Zoning Village Center District

    Courtesy of Ray Mikus of Green Light Real Estate.


    © 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 2021-07-26T00:05:30.833.
     
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    RE/MAX North Professionals
    553 Roosevelt highway suite 200
    Colchester VT, 05446
    Courtesy of Ray Mikus of Green Light Real Estate.