- 1970Year Built
- 3744Square Feet
9 Unit apartment building with a 2 car garage on 10 acres. This property was once a motel and was converted to weekly rentals by the current owner. With no vacancies it has the potential to gross over $86,000 in it's current configuration. It currently has nine 1 br efficiency apartments and a 2 car garage. The rents are $200 a week and include all utilities. This property has the potential to make great money for an active investor who keeps these units full. This property has a well and septic so your not paying thousands a year in water sewer bills to a municipality. 4 of the units were completely rebuilt / remodeled in the early 2000's. The 2 car garage offers an opportunity for additional income or a workshop for you to use. It's rural location is a plus for those tenants looking to get out of the city. These large properties don't come on the market often so don't miss this opportunity.
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- Modification Date07/24/2017
- List Price$299,000
- Date Listed2016-12-01T00:00:00
- MLS Number4610848
- BasementApartments, Concrete, Concrete Floor, Crawl Space, Dirt Floor, Unfinished
- Sale IncludesGarage, Land/Building, Building
- Building Number325
- StreetNorth River
- FuelGas - LP/Bottle, Kerosene
- Heating CoolingAlternative Heat Stove, Floor Furnace, Forced Air, Hot Air, Individual, Multi Zone
- Square Feet3744
- Year Built1970
- Property TypeCommercial Sale
- Road Frontage410
- Zoningcommercial or res
- Lot Sqft435600
- Broker NameKW Vermont/St. Albans
- Agent NameCheney
- Delayed ShowingsNo
- Number of Photos39
- View Count43
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"Geri and her team were awesome throughout my home buying experience. They gave me wonderful direction and handled all aspects of my home search purchase flawlessly. I highly recommend them and would use their services again should the need arise."
- Lee, Essex Junction 2017
We cannot thank you enough in selling the apartment so quickly. You were great in handling the process. Again, thank you - you are the best!
Pauline & Reg
"In the past we've used other realtors and were unsuccessful. This time we heard from our friend about Geri Reilly and couldn't have been more pleased. Our condo had 4 showings and an offer was made. She's down to business, passionate to all, the team she has working underneath her is fantastic! I will say now that we [...]
-Kelly & Paul, Colchester
We very much appreciate all you did for us during this whole process; from that first meeting we had at your office, to the house hunting fun, all the way to the closings. You have a great organization, so please thank everyone for us that played a role.
Brad & Anne, South Burlington
Thank you so much for helping us find our house and for making our dream a reality... We love the house and are working hard at making it home!!! Thanks also to the whole team for making this possible, keep up the good work, we think of you often and hope we can get together at some point if you want to see what we have done so [...]
Dan, Julie, Stephanie and Emilie, VT
You gave Bobbi and I marvelous counsel over the years; should we ever again look for a property in Vermont, you'll be our agent - you're the best!!
What a GREAT experience...Love Love Love Geri and her team. you talk about professionalism and experience, Geri and her team are the real deal. A special shout out to: her closing coordinator (Kim), she got the job done in a timely matter and was extremely friendly. Thank you Kim...
Geri you are the best. Thank you for all the extra attention you paid to mom and her family. You did exactly what you said you would and went up and beyond getting that house sold.
Carole, South Burlington 2014
"Geri was professional, and got us a significantly higher price than any other real estate agent even thought possible. Other agents wanted to list at $250K, Geri said to list at $265K, it sold with multiple offers in one day at $272K. I'd highly recommend her."
- Sean & Jennifer, South Burlington 2016
“Great job. The house was under contract very quickly. Geri’s expertise helped us to focus on the priority items that needed to be done in preparing the house for sale. Thank you!”