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123 Thomas, Stowe, VT 05672

5 Bed, 5 Bath Multi-Family Home For Sale

123 Thomas, Stowe, VT 05672 House For Sale - MLS #4652924
$650,000
5
5
Multi-Family
5+ Family
6
This listing is courtesy of Ken Libby from Stowe Area Realty LLC

Property Description for 123 Thomas, Stowe, VT 05672

Great Investment Opportunity for a Landlord with ability to expand. This 6 unit Multi-family built in 1972 was gutted & redone in the 1980's so many issues that might have surfaced have been replaced such as plumbing & wiring. The 6 units undergo continued maintenance upon vacancies. There is a coin operated washer & dryer on premises while Unit 3, the owners unit has its own washer & dryer. Each unit pays its electricity and propane for their gas stoves & gas water heaters. Owner pays for the oil to operate the boiler for the heat throughout the building. Building is conveniently located with frontage on Cliff St if one wants to walk to lower village or driveway off Thomas Lane for an easy walk to the post office, village or ice rink. Extensive financial information available after signing a Confidentially Agreement. The building also includes the laundry room of about 165 sq.ft., the Furnace Room of about 106 sq. ft., Two attached sheds, one 12 x 20 & the other is 10 x 16. There is also a closed storage unit of 12 x 16 ft. with an overhead door and concrete floor. The carport for 4 vehicles is 26"x 40"with an open front side. Building is served by a drilled well which yields about 179 gallons a minute and is treated for iron. The roofs have been replaced pat in 2010 & part in 2016. In addition to the six units existing the zoning would permit an additional 4 units to be constructed and seller had design such a plan a few yars ago but did not seek permits.

Interior Details

3,996 sq. ft.
$162.66/sq. ft.
13
Public
Drilled Well

Exterior Details

3.60 acres
156,816 sq. ft.
3
Auto Open; Direct Entry
4 Garage Spaces
Driveway; On-Site; Parking Spaces 6+; Unassigned
Wood Frame
Block

Other Details

4652924
1972
$2,455

Units Description

Unit #1
Rooms: 3      Living Area: 737 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $845     

Unit #2
Rooms: 3      Living Area: 528 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $785     

Unit #3
Rooms: 4      Living Area: 1,008 sq. ft.      Bedrooms: 2      Full / Half Baths: 2     

Unit #4
Rooms: 3      Living Area: 528 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $825     

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