VT > Troy
Troy, VT 05859,365 Vermont Route 243
Troy, VT 05859,365 Vermont Route 243
Troy, VT 05859,365 Vermont Route 243
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Jonathan Bombaci

Jonathan Bombaci

+1(978) 710-5616
Listed by Dexter Degre • Jim Campbell Real Estate
$275,000
Est. payment /mo
6 Beds
2 Baths
2,700 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $101

MLS Listing ID 5047387

Bedrooms 6

Full Baths 2

Construction Status Existing

Year Built 1930

Lot Size 0.570 Acres

Acres 0.57

Property Description

DUPLEX FOR SALE! 12 minutes from Jay Peak Resort. Perfect for owner occupied, investor, AirBnb / VRBO, or anyone looking to build equity. Pro-forma cap rate of ~7% (w/professional management) or ~8.3% (self-managed) - figures are projected only. In excellent shape and move-in-ready. Perched atop a hill with excellent curb appeal, this commanding 2-story duplex has side-by-side units with separate utilities, 2 generators, and a full basement. You won't find a more solid duplex in the area - built as a Custom's Building in the 1930's by the Federal Government and designed to survive harsh winters. Each unit is nearly identical in terms of footprint, style/finishes, and layout. Interior pics are from Unit 2. Each unit totals 2025 SF, featuring 1350 SF finished, and an unfinished 675 SF basement. On the main level is the kitchen, formal dining room, and large living room with wood fireplace. The 2nd floors each have 3 large bedrooms, a stylish full bathroom, and a big linen closet in the hallway. Floors are all hardwood with the exception of the kitchens, bathrooms, and basement. Basements are large and spacious with high ceilings - great for storage! Each unit has a covered deck. Most appliances are included in the sale (see "Items Excluded"). Tenant has lived in Unit 1 for 20 years and is currently on a friendly MTM lease to provide a buyer with flexibility. Tenant is open to signing a market-rate lease with the new owner. Wood fireplaces need unknown repairs to be functional.

Location

State VT

County Vt-orleans

Area Vt-Orleans

Zoning Village District (Troy)

Rooms

Basement Entrance Interior

Basement Bulkhead, Concrete, Concrete Floor, Daylight, Full, Interior Stairs, Storage Space, Unfinished, Interior Access, Exterior Access, Basement Stairs

Interior

Cooling None

Flooring Combination, Hardwood, Laminate, Tile

Exterior

Utilities Available Other, Phone

Roof Type Asphalt Shingle,Other

Building

Story 2

Sewer Public

Architectural Style Colonial, Georgian

Construction Status Existing

Schools

Elementary Schools Troy School

Middle Schools North Country Junior High

High Schools North Country Union High Sch

School District Orleans Essex North

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