Rarely available investment opportunity with assumable low cost debt (~5% coupon) well priced below market at a 10% cap. The building consists of 6 turnkey renovated units with long term qualified tenants -and two 2 bedroom 1 bathroom units in a duplex building with garages and four 3 bedroom 1 bathroom units in the fourplex. Two separate buildings with many interior updates. Excellent numbers and a great Bristol location close to the village. Properties are professionally managed and underwent several hundred thousand dollars of recent renovations. This building can be combined with 40 Adirondack from the same seller.

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Tax Information

Tax Year2023

Building

Year Built1964
Building ConstructionWood Frame
StyleApartment Building
Units6
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 1 Floor Location111A
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 2 Floor Location111B
Unit 3 Bath1
Unit 3 Bedrooms3
Unit 3 Floor Location111C
Unit 4 Bath1
Unit 4 Floor Location111D
Unit 5 Baths2
Unit 5 Bedrooms2
Unit 6 Baths2
Unit 6 Bedrooms2
# of 2 Bedrooms2
# of 3+ Bedrooms3
Bathroom6
Total Baths6
BasementOther
FoundationConcrete

Basic Information

StatusACT
List Price$750,000
Date Price Change11/11/2023
MLS Number4977524
MLS StatusActive

Property

Acreage0.96
Parking Spaces
Lot DescriptionCountry Setting, Other
Square Feet1,964
APX Fin AG Sqft1,964
RoadsPublic
AreaIn Town, Near Shopping

Amenities

PricePerSqFt381.87

Other

Taxes$13,329
Seasonal Y/NNo
Date Listed11/11/2023
Unit 1 Deposit$1,350
Unit 2 Rent Amount$1,350
Unit 3 Rent Amount$1,350
Unit 4 Rent amount$1,900
Unit 5 Rent amount$1,775
View Count8

Location

TownBristol
StateVT
Zip05443
CountyAddison
ZoningRES
Elementary SchoolBristol Elementary School
Junior HighMount Abraham Union Mid/High
High SchoolMount Abraham UHSD 28
Flood Zone Y/NUnknown

Exterior

ExteriorVinyl
RoofMetal, Standing Seam
Exterior ColorGreen

Utilities

Heat FuelOil
Heat SystemBaseboard
WaterPrivate
Water HeaterOther
ElectricCircuit Breaker(s)
SewerPrivate, Septic
UtilitiesOther

Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 December 3, 2023 3:08 PM EST

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