Description
Rarely available investment opportunity with assumable low cost debt (~5% coupon) well priced below market at a 10% cap. The building consists of 5 turnkey 2br/1bath renovated units with long term qualified tenants. Each unit comes with an oversized garage. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and underwent several hundred thousand dollars of recent renovations. This building can be combined with 111- 113 Mountain Street from the same seller.
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10BEDS
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0.63ACRES
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5BATHS
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01/2 BATHS
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3,593SQFT
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$181$/SQFT
School Information
Description
Rarely available investment opportunity with assumable low cost debt (~5% coupon) well priced below market at a 10% cap. The building consists of 5 turnkey 2br/1bath renovated units with long term qualified tenants. Each unit comes with an oversized garage. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and underwent several hundred thousand dollars of recent renovations. This building can be combined with 111- 113 Mountain Street from the same seller.
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Courtesy of David Parsons of Re/Max North Professionals - Burlington: .