Morristown, VT | 25 Lily Lane

$325,000
MLS#: 4787568
5
# of Units
3,548
Total Sq. Feet
0.97
Acres
$5,766
Taxes
1 of 17

General Property Information

Price:
$325,000
County:
VT-Lamoille
Acres:
0.97
Property Type:
Multi-Family
Property Status:
Active
# of Units:
5
Agency/Brokerage:
Smith Macdonald Group
Coldwell Banker Carlson Real Estate

Highly sought after multi-family, in an ideal location. This well cared for, income producing property, is the perfect option for those looking to add to their portfolio. The property features long term tenants and market rate rentals. A strong cap rate adds to the appeal of this five unit building. There are low carrying costs and potential for additional incomes streams via on-site laundry and storage. Morrisville offers a strong economic hub of Lamoille County, therefore creating the need for good rental properties. Take advantage of this prime location, high cap rate and stable leases.

Features

Property Type:
Multi-Family
# of Units:5
Subdivision Name:
Year Built:
1847
Parking:
Road Frontage:
0
Acres:0.97
Gross Income:
51,420
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
3548
Sq Ft (Below Ground):
0
Total Sq Ft:
3548
Land Description:Level
Elementary School:
Morristown Elementary School
Middle School:
Peoples Academy Middle Level
High School:
Peoples Academy
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
1
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
#Bedrooms:
3
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 4

#Rooms:
#Bedrooms:
2
#Baths:
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 5

#Rooms:
#Bedrooms:
1
#Baths:
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
0.00

Other Information

List Date:
2019-12-09
Last Updated:

Stowe Office

Judy Foregger

(P) 802.253.9771
(F) 802.253.9993
email

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