11/31 Stagecoach Rd RoadStowe, VT 05672MLS Number 4660643

  • Price: $650,000
  • 365 Days on Market
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Federal 30-year interest rate: 4.65% last updated on Sep 20, 2018
* 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.
  • 3.2Acreage
  • 1803Year Built
  • 5232Square Feet

8 unit (1 and 2 BR) apartment building in outstanding location, both for proximity to Stowe, ski area and Morrisville, as well as pastoral setting with large private rear lawn facing Mt Mansfield across the Little River. Tenant list very stable and in high demand. Cap rate at current rental rates (below market) 8%. Projected cap rate at market-adjusted rental rates = 9%!

Listed by George Nelson of Pall Spera Company Realtors-Stowe

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More Info

Parking

  • Parking Spaces

Building

  • Year Built1803
  • Units8
  • FoundationFieldstone, Slab - Concrete
  • Square Feet5232
  • Available Sqft4032
  • BasementBulkhead, Concrete Floor, Full

Exterior

  • ExteriorBrick, Clapboard
  • RoofShingle - Fiberglass

Basic Information

  • StatusACT
  • Date Listed2017-09-23T00:00:00
  • Modification Date09/19/2018
  • TypeBusiness, Investment
  • List Price$650,000
  • Agent NameNelson
  • Broker NamePall Spera Company Realtors-Stowe
  • Listing Agent NameGeorge Nelson
  • Lister Office NamePall Spera Company Realtors-Stowe
  • MLS Number4660643

Photos

  • Number of Photos4

Other

  • bloggingYes
  • Book60
  • Page521
  • Delayed ShowingsNo
  • View Count40

Location

  • Building Number11/31
  • StreetStagecoach Rd
  • TownStowe
  • StateVT
  • Zip05672
  • CountyLamoille
  • Map23001

Property

  • Acreage3.2
  • Property TypeCommercial Sale
  • Lot Sqft139392
  • SignageAdequate

Utilities

  • FuelElectric, Gas - LP/Bottle, Oil
  • Heating CoolingBaseboard, Electric, Hot Water
Coldwell Banker Carlson Real Estate
Coldwell Banker Carlson Real Estate
Office: 802-253-7358
91 Main Street
Stowe, VT 05672
Broker Reciprocity

Copyright 2018 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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