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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8BEDS
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0.97ACRES
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0BATHS
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01/2 BATHS
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3,548SQFT
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$92$/SQFT
School Information
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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Courtesy of Smith Macdonald Group of Coldwell Banker Carlson Real Estate.