Bank Owned Vermont Properties

Browse the newest listings of bank owned properties in Chittenden County. All of these properties are located in Northwestern Vermont and are updated daily! If you have questions or would like to schedule a showing, contact Geri today.

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25 Lily, Morristown, VT 05661

Price$275,000

Est. Mortgage: $/month

MLS Number 4514432

  • Multifamily Multi-Family
  • Units 5
  • Bathroom 4
  • Acreage 0.97
  • Square Feet 3548

Major value add potential to increase revenue! This 5 unit complex can be made into a 7 unit complex, per zoning. Three of the 5 units have been renovated. Strong rental income and the lowest per door asking price in Morrisville - this is foreclosure pricing. Numerous capital improvements have been made over the last couple years including new sub-metered heaters, new sewer line and windows. Great potential to renovate, refi and pull your capital back out once all improvements are made and revenue is increased.

Listed by Nicholas Lizotte of KW Vermont

Geri Reilly Real Estate
340 Dorset Street
Suite 4
South Burlington VT, 05403
Office: 802.862.6677

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Federal 30-year interest rate: 4.21% last updated on Mar 9, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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