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    25 Lily Lane

    Morristown, VT 05661
    • $325,000
    • STATUS: Active
    • ON SITE: 319 days
    • MLS #: 4787568
    UPDATED: 117 min ago
    $325,000
    • 8
      BEDS
    • 0.97
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,548
      SQFT
    • $92
      $/SQFT
    Type:
    Multi-Family
    Built:
    1847
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:
    Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate.

    Description

    Highly sought after multi-family, in an ideal location. This well cared for, income producing property, is the perfect option for those looking to add to their portfolio. The property features long term tenants and market rate rentals. A strong cap rate adds to the appeal of this five unit building. There are low carrying costs and potential for additional incomes streams via on-site laundry and storage. Morrisville offers a strong economic hub of Lamoille County, therefore creating the need for good rental properties. Take advantage of this prime location, high cap rate and stable leases.

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    © Copyright 2020 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 2020-10-24T00:05:46.333.
    www.livingvermont.com/homes/101608039
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    25 Lily Lane Morristown, VT 05661

    • Price: $325,000
    • Status: Active
    • Updated: 117 min ago
    • MLS #: 4787568
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.97
    Acres
    3,548
    SQFT
    $92
    $/SQFT
    1847
    Built
    County:
    Lamoille
    Area:
    Morristown
    Elementary School:
    Morristown Elementary School
    Middle School:
    Peoples Academy Middle Level
    High School:
    Peoples Academy
    School District:
    Morristown School District
    Property Description
    Highly sought after multi-family, in an ideal location. This well cared for, income producing property, is the perfect option for those looking to add to their portfolio. The property features long term tenants and market rate rentals. A strong cap rate adds to the appeal of this five unit building. There are low carrying costs and potential for additional incomes streams via on-site laundry and storage. Morrisville offers a strong economic hub of Lamoille County, therefore creating the need for good rental properties. Take advantage of this prime location, high cap rate and stable leases.
    Exterior Features

    Construction Wood Frame Driveway Gravel Exterior Wood Siding Has Garage No Lot Description Level Road Frontage Tbd Roads Private Roof Shingle - Asphalt Style Multi-Family

    Interior Features

    Basement Description Crawl Space Cooling None Foundation Stone Has Basement No Heating BaseboardForced Air Water Heater OilTank

    Property Features

    Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Gross Income 51420 Heat Fuel Gas - Lp/BottleOil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 5766 Tax Year 2020 Taxes Tbd No Total1 Bed Units 3 Total2 Bed Units 1 Total3 Plus Bed Units 1 Utilities None Water Public Zoning Multi-Family

    Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate.


    © Copyright 2020 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 2020-10-24T00:05:46.333.
     
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    RE/MAX North Professionals
    875 Roosevelt Highway
    Colchester VT, 05446
    Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate.