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Listing Provided By Brian Armstrong with KW Vermont
$638,000
467 Vt Route 12, Northfield, VT 05664
11 Beds
8 Baths
6,198 sqft

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Listing Provided By Brian Armstrong with KW Vermont
A license to print MONEY? Here it is! A 7 unit multi-family property with excellent rental history, this gorgeous Victorian has been well maintained by the same family owners for 56 years. Next door to the local landmark, Rustic Restaurant and Bar, (Please see MLS # 4868731), the owners intent is to sell both properties together. The listed price is for both properties conveying as a package. Priced to sell, this is an outstanding opportunity to pick up TWO operating; income-producing properties with great exposure right on busy Route 12 just two miles from Norwich University, 10 miles from the state capital and 15 miles to the only known floating bridge in North American. Deals like this do not come around often. Profit in the pocket!
  • Price:
  • $638,000
  • Bedrooms:
  • 11
  • Full Baths:
  • 8
  • Square Footage:
  • 6,198
  • Acreage:
  • 2.00
  • Year Built:
  • 1882
  • Listing ID #:
  • 4868703
  • Street Address:
  • 467 Vt Route 12
  • City:
  • Northfield
  • State:
  • Vermont
  • Postal Code:
  • 05664
  • County:
  • Washington
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
  • Basement Access:
  • Interior
  • Building Color:
  • Tan
  • Construction Description:
  • Wood Frame
  • Construction Status:
  • Existing
  • Finished Above Ground Square Footage:
  • 6198
  • Finished Square Feet:
  • 6198
  • Flooring:
  • Carpet, Hardwood, Vinyl
  • Foundation:
  • Stone
  • Has Basement:
  • Yes
  • Number Of Units:
  • 7
  • Siding:
  • Clapboard
  • Stories:
  • 3
  • Style:
  • Victorian
  • Total Building Square Footage:
  • 8744
  • Type Of Roof:
  • Membrane
  • Unfinished Basement Square Footage:
  • 2546
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 2
  • Unit1 Total Rooms:
  • 4
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 2
  • Unit2 Total Rooms:
  • 4
  • Unit3 Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 1
  • Unit3 Total Rooms:
  • 3
  • Unit4 Bathrooms:
  • 2
  • Unit4 Bedrooms:
  • 3
  • Unit4 Total Rooms:
  • 5
  • Unit5 Bathrooms:
  • 1
  • Unit5 Bedrooms:
  • 1
  • Unit5 Total Rooms:
  • 4
  • Unit6 Bathrooms:
  • 1
  • Unit6 Bedrooms:
  • 1
  • Unit6 Total Rooms:
  • 1
  • Unit7 Bathrooms:
  • 1
  • Unit7 Bedrooms:
  • 1
  • Unit7 Total Rooms:
  • 3
  • Year Built:
  • 1882
  • Gross Income:
  • 42296
  • Net Operating Income:
  • 19963.93
  • Operating Expense:
  • 22332
  • Conforms To Zoning:
  • Mixed - Use
  • Lot Description:
  • Level
  • Lot Square Footage:
  • 87120
  • Road Frontage:
  • 330
  • Road Type:
  • Public
  • Days On Market:
  • 115
  • Price Per Square Foot:
  • 102.94
  • Property Taxes:
  • $8,255
  • Tax Year:
  • 2019
  • Driveway:
  • Gravel
  • Parking Description:
  • Parking Spaces 6+
  • Electricity:
  • 60 Amp
  • Existing Water:
  • Public
  • Heating:
  • Hot Water
  • Heating Fuel:
  • Gas - Lp/Bottle
  • Sewage Type:
  • Leach Field - Existing, Septic
  • Water Heater:
  • Gas - Lp/Bottle
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Brian Armstrong with KW Vermont
  • VMONT