802-635-7766
BLUE SPRUCE REALTY INC
Listing courtesy of Ruby Klarich from BHHS Vermont Realty Group/Montpelier. ()
Offered at nearly half of what the owner paid for the property and there have been many improvements. Looking for a quick sale. This fully rented (four with leases), five-unit investment property is situated in the heart of Plainfield Village. The lister card has the property as having 2,992 sq ft +/- and the apartments are spacious. One apartment is Section 8. There is no owned parking on site, but there is public parking nearby. Yearly income projected to be $68,700. when fully rented. This years's property taxes are reasonable at only $4365.76. Seller also disclosed these current expenses: Property Insurance $2318, Flood Insurance $3345, Water $3030, Sewer $4040, Propane $3000. Conveniently located near local amenities, the property offers investors the potential to expand their portfolio and make future improvements. The property is located within a flood zone. Property is best suited for a cash buyer. Buyers are encouraged to conduct their own due diligence. No Seller's Property Information Disclosure (SPIR) will be provided. Property being sold "AS IS".
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