A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms with a history of being rented for $1,100 per bedroom and coin operated washers and dryers bringing in a gross income of over $213,000 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $162,000 or a 8.10% CAP rate, above the market average. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.
0.39 Private Acres Losgröße
investition
Integriert 1899
MLS/Listing-ID 5095783
4 Einheiten
Laminat
Vinyl
Naturholz
Brick Mortar
Stone
Heating - Natural Gas
Heating - Baseboard
Heating - Other
Heating - Radiator
Lot - Sidewalks
Lot - Street Lights
Parken – Auffahrt
Parking - Garage
Parking - Off Street
Erdgas-Wassererhitzer
Style - Multi Family
Geschlossene Veranda
Teppich
Slate
Shingle
GESAMTKOSTEN PRO MONAT
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