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 Privata hektar Partistorlek
investering
Inbyggt 1899
MLS/Listnings-ID 5095783
4 Enheter
Stone
Carpet
Laminat
Vinyl
Naturligt trä
Inbyggd veranda
Style - Multi Family
Shingle
Lot - Street Lights
Lot - Sidewalks
Heating - Radiator
Vattenvärmare för naturgas
Brick Mortar
Heating - Other
Heating - Natural Gas
Heating - Baseboard
Parking - Off Street
Parking - Garage
Parkering - Uppfart
Slate
TOTAL MÅNADSKOSTNAD
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