Our mobile site is optimized for smaller screens.

TRY IT NO THANKS
 

123 Thomas LaneStowe, VT 05672MLS Number 4652924

  • Price: $650,000The price has recently decreased
  • Est. Mortgage of $/month
  • 315 Days on Market
PrintSave Favorite
Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.57% last updated on 2018-06-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 7Bathroom
  • 3.6Acreage
  • 3996Square Feet
  • 1972Year Built

Great Investment Opportunity for a Landlord with ability to expand. This 6 unit Multi-family built in 1972 was gutted & redone in the 1980's so many issues that might have surfaced have been replaced such as plumbing & wiring. The 6 units undergo continued maintenance upon vacancies. There is a coin operated washer & dryer on premises while Unit 3, the owners unit has its own washer & dryer. Each unit pays its electricity and propane for their gas stoves & gas water heaters. Owner pays for the oil to operate the boiler for the heat throughout the building. Building is conveniently located with frontage on Cliff St if one wants to walk to lower village or driveway off Thomas Lane for an easy walk to the post office, village or ice rink. Extensive financial information available after signing a Confidentially Agreement. The building also includes the laundry room of about 165 sq.ft., the Furnace Room of about 106 sq. ft., Two attached sheds, one 12 x 20 & the other is 10 x 16. There is also a closed storage unit of 12 x 16 ft. with an overhead door and concrete floor. The carport for 4 vehicles is 26"x 40"with an open front side. Building is served by a drilled well which yields about 179 gallons a minute and is treated for iron. The roofs have been replaced pat in 2010 & part in 2016. In addition to the six units existing the zoning would permit an additional 4 units to be constructed and seller had design such a plan a few yars ago but did not seek permits.

Listed by Ken Libby of Stowe Area Realty LLC

Driving Directions

Meg Kauffman

Your Local Office

Meg Kauffman
25 Main Street
Stowe VT, 05672

Office: 802-318-6034

Ask A Question

Do not fill in this field:

More Info

Parking

  • GarageAuto Open, Direct Entry
  • Parking Spaces4

Building

  • Year Built1972
  • Building ConstructionWood Frame
  • StyleContemporary
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor LocationBasement
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor LocationBasement
  • Unit 2 Total Rooms3
  • Unit 3 Bath2
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • # of 1 Bedrooms5
  • # of 2 Bedrooms1
  • Bathroom7
  • Total Baths7
  • BasementFinished, Full
  • FoundationBlock

Basic Information

  • Virtual TourClick Here
  • Date Listed08/11/2017
  • StatusPEN
  • Property TypeMulti-Family
  • List Price$650,000
  • Agent NameLibby
  • Broker NameStowe Area Realty LLC
  • MLS Number4652924

Property

  • Acreage3.6
  • Square Feet3996
  • APX Fin AG Sqft2544
  • Road Frontage150
  • RoadsPaved, Public
  • Lot DescriptionCorner, Landscaped, Walking Trails

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • WaterDrilled Well
  • Water HeaterGas - LP/Bottle, Separate
  • ElectricCircuit Breaker(s), Underground
  • SewerPublic

Other

  • Seasonal Y/NNo
  • bloggingYes
  • Page258
  • Book325
  • Delayed ShowingsNo
  • Number of Photos13
  • View Count3

Location

  • Building Number123
  • StreetThomas
  • TownStowe
  • StateVT
  • Zip05672
  • CountyLamoille
  • Map07-151.010
  • Elementary SchoolStowe Elementary School
  • Junior HighStowe Middle/High School
  • High SchoolStowe Middle/High School
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade1452
  • FloorsCarpet, Vinyl

Exterior

  • ExteriorClapboard, Wood Siding
  • RoofShingle - Asphalt
  • Exterior ColorBrown

Amenities

  • Exterior AmenitiesDeck, Fence - Partial, Outbuilding, Private Dock

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: