123 Thomas LaneStowe, VT 05672MLS Number 4652924

  • Price: $650,000
  • Est. Mortgage of $/month
  • 70 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 4.03% last updated on Jul 13, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3.6Acreage
  • 7Bathroom
  • 1972Year Built
  • 3996Square Feet

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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

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More Info

Location Information

  • Elementary SchoolStowe Elementary School
  • High SchoolStowe Middle/High School
  • Junior HighStowe Middle/High School

Property

  • ZoningRR1
  • Road Frontage150
  • Acreage3.6
  • APX Fin AG Sqft2544
  • FoundationBlock
  • Heat FuelOil
  • Property TypeMulti-Family
  • RoadsPaved, Public
  • Square Feet3996

Exterior

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

Amenities

  • Exterior AmenitiesDeck, Fence - Partial, Outbuilding, Private Dock
  • Parking Spaces4

Other

  • Broker NameStowe Area Realty LLC
  • Agent NameLibby
  • bloggingYes
  • Page258
  • Book325
  • Delayed ShowingsNo
  • Number of Photos13
  • View Count16

Basic Information

  • # of 1 Bedrooms5
  • # of 2 Bedrooms1
  • StatusACT
  • Units6

Location

  • StreetThomas Lane
  • Building Number123
  • TownStowe
  • Zip05672
  • CountyLamoille
  • Map07-151.010
  • Flood Zone Y/NNo
  • Lot DescriptionCorner, Landscaped, Walking Trails
  • StateVT

Interior

  • APX Fin Below Grade1452

Utilities

  • ElectricCircuit Breaker(s), Underground
  • WaterDrilled Well
  • Heat SystemBaseboard, Hot Water
  • SewerPublic

Basic Information

  • Date Listed08/11/2017
  • List Price$650,000
  • MLS Number4652924
  • Seasonal Y/NNo

Building

  • Bathroom7
  • Total Baths7
  • Year Built1972
  • Water HeaterGas - LP/Bottle, Separate
  • BasementFinished, Full
  • FloorsCarpet, Vinyl
  • StyleContemporary
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor LocationBasement
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Total Rooms3
  • Unit 3 Bath2
  • Unit 3 Bedrooms2
  • Unit 3 Total Rooms4
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
Coldwell Banker Carlson Real Estate
Office: 802-253-7358
91 Main Street
Stowe, VT 05672
Broker Reciprocity

Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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