235 River RoadEssex, VT 05452MLS Number 4865482

  • Price: $449,900
  • Est. Mortgage of $/month
  • 132 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
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235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452235 River Road Essex VT 05452
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  • 2.2Acreage
  • 4Bathrooms
  • 1900Year Built
  • 2,700Square Feet

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Listed by Flex Realty Group of Flex Realty
Great opportunity exists with this 4 unit multifamily property located in Essex on a corner lot with over 2 acres of land! "The barn" as its referred to is approximately 5400 square feet (30 x 90 feet) all with a "country rustic" feel. There are 4 apartments in the building on the upper level all with private entrances. The first level of the barn is currently used for owners storage with space to hold 4-6 vehicles. All units are one bedroom with an additional room for use as office space, etc. Apartments 2 and 3 are in the back and have private decks. Each unit also has washer and dryer hook-ups. Each unit is heated by a natural gas direct vent heater. There is a large yard and woods that allows each unit to have some outdoor space, gardening spot, etc as well as a huge parking lot that provides plenty of easy parking for tenants as well as visitors. The property is also directly on the bus line making it very convenient for tenants. The gross monthly income for all units is nearly $3500 and the rents are considered below market rate with room to increase. All units currently rented with month to month leases.

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$449,900
  • Date Price Change08/04/2021
  • MLS Number4865482
  • MLS StatusActive

Property

  • Acreage2.2
  • Parking Spaces4
  • Square Feet2,700
  • APX Fin AG Sqft2,700
  • Road Frontage222
  • RoadsPaved, Public
  • Lot DescriptionCity Lot, Corner, Sloping

Other

  • Seasonal Y/NNo
  • Date Showings Begin2021-06-11
  • Unit 1 Deposit$850
  • Unit 2 Rent Amount$850
  • Unit 3 Rent Amount$850
  • Unit 4 Rent amount$850
  • View Count3

Location

  • TownEssex
  • StateVT
  • Zip05452
  • CountyChittenden
  • ZoningResidential
  • Elementary SchoolEssex Elementary School
  • Junior HighEssex Middle School
  • High SchoolEssex High
  • Flood Zone Y/NNo

Exterior

  • ExteriorWood
  • RoofMetal

Utilities

  • Heat FuelGas - Natural
  • Heat SystemGas Heater - Vented
  • UtilitiesOther
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location2
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • Unit 4 Total Rooms3
  • # of 1 Bedrooms4
  • Bathroom4
  • Total Baths4
  • FoundationConcrete
Larkin Realty
Office: 802-864-7444
410 Shelburne Road
Burlington, VT 05401
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 17, 2021.

 
Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 17, 2021.

 

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