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67 Main, Enosburg, VT 05450

4 Bed, 3 Bath Multi-Family Home For Sale

67 Main, Enosburg, VT 05450 House For Sale - MLS #4635812
Off the Market
$166,000
4
3
Multi-Family
3 Family
This listing is courtesy of Ashley St. Gelais from Preferred Properties

Property Description for 67 Main, Enosburg, VT 05450

All units are leased in this completely renovated historic 1800's brick building and extremely profitable 3 unit apartment building is THE next piece to your investing puzzle���regardless if you are planning to owner occupy or own as an investment property. These numbers are out of this world, when fully leased out it can earn over $1,000/month. This is a 24% cash on cash return on your investment! Cap rate is over 12%! Try finding these types of returns on any other investment. As an owner-occupied income property, with the right low down payment mortgage program, you could live for free - and save so much cash. This property has amazing historical performance and current owner has indicated they have had little problem finding renters. No detail has been overlooked as this property has been renovated to make ownership headache free for future owner. Renovations of each unit are now complete and ALL UNITS ARE NOW LEASED! Ease of ownership throughout with convenient updated vinyl windows, hand hewn timber framing, new carpet, updated appliances and countertops, the spacious, coveted 2 BR apartment. This unit also features washer/dryer hook ups and a jetted tub. It���s the crown jewel of this property and is currently rented at $1,150/month. 2&3 each rent for $775, a total of $2,700/month. This apartment building has been converted to efficient natural gas heat. Each unit has good storage and tenant pays for electricity, trash and cable/internet.

Interior Details

2,640 sq. ft.
$62.88/sq. ft.
14
Public Sewer On-Site
Public Water - On-Site

Exterior Details

0.16 acres
6,970 sq. ft.
2
Off Street; On-Site
Masonry
Stone

Other Details

4635812
1829
$2,700

Units Description

Unit #1
Rooms: 6      Living Area: 1,320 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $1,150     
Interior Features : Appliances Included; Ceiling Fan; Co Detector; Dishwasher; Heat - Natural Gas; Heat Included; Hot Water; Laundry Hookup; Microwave; Range - Gas; Refrigerator; Smoke Detector

Unit #2
Rooms: 4      Living Area: 660 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $775     
Interior Features : Appliances Included; Co Detector; Heat - Natural Gas; Heat Included; Hot Water; Range - Gas; Refrigerator

Unit #3
Rooms: 4      Living Area: 660 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $775     
Interior Features : Appliances Included; Co Detector; Heat - Natural Gas; Heat Included; Hot Water; Range - Electric; Refrigerator

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