Listed by Addison County Real Estate
Selling for $100,000 below town assessment, this classic building contains three very spacious apartments. Numerous updates include rewiring and bringing the building up to Vermont's stringent fire code, new trim and paint, new windows, newer siding, and some new appliances and bathroom fixtures. Separate meters for each apartment; tenants in apartment 3 pay for their own heat. Property includes a barn and two single car garages, not to mention three acres of park-like grounds and close proximity to the Shoreham Inn, Platt Library, school, and more. Bonus: Town water and sewer. Vermont's rental market is strong, and it would not be hard to be cashflow positive from Day One with this investment. News: Apartment three has just been redecorated--new floor, paint, and washer and dryer.