Vermont and New Hampshire Real Estate

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12 East Terrace

South Burlington, VT 05403

$275,000

MLS# 4482309

Ashley St. Gelais

Listed by Preferred Properties

About this property

This home has HUGE potential to be a great family home or an investment property with such easy access to UVM and the UVM Medical Center. Over the last 2 years this has been a home for medical students at $2,750/month and has a management company in place. In fact, this home is so attractive to renters that it always goes quickly. And will sell quickly with a 9+% CAP rate.This spacious, well maintained home is located on a huge, private lot. You'll love the eat in kitchen that is flooded with natural light. The open floor plan is perfect for entertaining and spending time with family and friends. The detached 1 car garage and additional storage shed is plenty of space for summer recreation toys and lawn items. The heating and electrical systems are all in good working condition and the property meets all rental rules and guidelines.

 

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