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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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2137 Route 30 N , Castleton, VT 05735
$1,190,000
Est. Payment: $2,644.44/mo
0 Bed
0 Bath
12090 Sqft
Status: Pending | Days on site: 255
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5612 - 21929
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House Description

This property is part of 28 units package, could be purchased all or two 14 unit packages, please see MLS # 5067282, total price for all 28 units is $2,450.000 Great investment opportunity, Well maintained property in Castleton (Bomoseen) this property consists of two buildings, Front building with 10units consists of five 2 bedrooms , Three 1 bedrooms , One 3 bedrooms and an Efficiency unit, Back building is 4 units (town home styles)2 stories each unit all four are 2 bedroom units. Total of 14 units , Sits on a large parcel over 6.8_+Acres near lake bomoseen and conveniently on route 30 but buildings are far enough from the road, Plenty of parking , Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $213,156 A year With expenses just around $67,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above12% , 11 units are occupied currently the other 3 are in transition .3 Heating boilers service the front building and two boiler Services the back building.

Highlights

Listed by Mohammad Kalil , 802-773-3500 Watson Realty & Associates , 802-773-3500.

Property Type

Multi-Family

Lot/Acreage
6.84

Year Built

1925

County

Rutland

Listing ID

5067288

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:12090
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:Residential
Roof:Metal,Slate
Sewer:Plastic
Principal Interest
$2,644
Taxes
$1,415

Home Price

$1,190,000

Loan Details

30 yrs
%

Down Payment

20%
$238,000
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Monthly Price:
$2,644.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,644.44 $1,415.25 $0.00 $4,059.69
Yearly $31,733.33 $16,983.00 $0.00 $48,716.33
Total $952,000.00 $509,490.00 $0.00 $1,461,490.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Castleton, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.