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Courtesy of Ernest Begin of Begin Realty Associates: [IDXCONTACTINFORMATION].

4992 Memorial Drive

Lyndon, VT 05851
  • $349,000
  • STATUS: Active
  • ON SITE: 321 Days
  • MLS #: 4907714
UPDATED: 47 min ago
$349,000
  • 0
    BEDS
  • 2.2
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
  • 11,639
    SQFT
  • $30
    $/SQFT
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Former Motel converted to multi-family units. Most units are now one room efficiency units, one unit has been converted to a 2 room unit. The attached former restaurant has had some fire damage mostly confined to the basement area. All restaurant equipment is included. 8 units are currently rented. Units are in fair condition. Owner currently pays heat, lights and internet service. Town of Lyndon has approved the site for 8 apartment type units.

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© Copyright 2023 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 2023-03-20T15:06:03.267.
www.livingvermont.com/homes/128270677
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4992 Memorial Drive Lyndon, VT 05851

  • Price: $349,000
  • Status: Active
  • On Site: 321 Days
  • Updated: 47 min ago
  • MLS #: 4907714
0
Beds
22
Baths
0
½ Baths
2.2
Acres
11,639
SQFT
$30
$/SQFT
1970
Built
County:
Caledonia
Area:
Lyndon
Elementary School:
Lyndon Town Elementary School
Middle School:
Lyndon Town Elementary School
High School:
Choice
School District:
Caledonia North
Property Description
Former Motel converted to multi-family units. Most units are now one room efficiency units, one unit has been converted to a 2 room unit. The attached former restaurant has had some fire damage mostly confined to the basement area. All restaurant equipment is included. 8 units are currently rented. Units are in fair condition. Owner currently pays heat, lights and internet service. Town of Lyndon has approved the site for 8 apartment type units.
Exterior Features

Area Description Near Country ClubNear SkiingNear Hospital Color Beige Construction Wood Frame Driveway GravelPaved Exterior Wood Siding Has Garage No Lot Description LevelMajor Road Frontage Parking On-SiteParking Spaces 21+ Road Frontage Yes Road Frontage Length 638 Roads PavedPublic Roof Shingle - Architectural Style ConversionFreestandingMulti-FamilyRehab Needed

Interior Features

Basement Access Type Interior Basement Description PartialStairs - Basement Cooling None Flooring CarpetVinyl Foundation Concrete Has Basement Yes Heating BaseboardMulti ZoneOther Total Heated Units 2 Total Water Heaters 2 Water Heater Free StandingOff Boiler

Property Features

Assessment Year 2021 Auction No Cable Company Spectrum Construction Status Existing Easements Unknown Electric Circuit Breaker(S) Electric Company Lyndonville Electric Flood Zone No Foreclosed / Bank Owned / REO No Heat Fuel Oil Phone Company Consolidated Comm Possession At Closing Pre Construction No Seasonal No Separate Utilities No Sewer 1000 GallonConcreteOn-Site Septic Exists Tax Gross Amount 13671.02 Tax Year 2021 Taxes Tbd No Total Electric Meters 2 Total Leases 0 Total1 Bed Units 8 Total2 Bed Units 0 Total3 Plus Bed Units 0 Utilities Cable - At SiteHigh Speed Intrnt -AtsiteTelephone At Site Water Drilled Well Zoning Commercial

Courtesy of Ernest Begin of Begin Realty Associates: [IDXCONTACTINFORMATION].


© Copyright 2023 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 2023-03-20T15:06:03.267.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446