Listing courtesy of Lucas deSousa, Vermont Real Estate Company 802-540-8300
275 Wall Street, Northfield, VT, 05663
17 rooms
6 beds
1900
Apartment Building, Colonial, Multi-Family
2,820 sqft
Ideally situated just minutes from Northfield Village and Norwich University, this well-cared-for multi-unit property features two generously sized three-bedroom apartments, making it an excellent opportunity for both investors and owner-occupants. Each unit offers comfortable living space and a proven rental history, with dependable long-term tenants producing approximately $35,000 in gross annual income. The property has benefited from thoughtful improvements over the years, including a new roof installed in June 2019 and exterior painting completed in May 2022, adding to both durability and curb appeal. Its location provides easy access to local schools, the recreation field, nearby parks, and walking paths. Outdoor enthusiasts will enjoy being close to hiking and mountain biking trails, with backcountry skiing opportunities right in the area. In the winter months, the renowned downhill skiing of the Mad River Valley is only a 35-minute drive away. With a convenient commute to Montpelier and quick access to Interstate 89, this property strikes a rare balance between strong income potential and an outstanding Central Vermont lifestyle.
Status:
Pending
Type:
Multi-family
Units:
2
Zoning:
High Density Residential
Heating:
Propane, Direct Vent, Wall Units
Cooling:
None
Basement:
Dirt, Dirt Floor, Gravel, Interior Stairs, Unfinished
Acreage:
0.25
Est. Taxes:
$5,414
Lot Description:
Level,Sidewalks,Street Lights,In Town,Neighborhood,Near School(s)
Elementary School:
Northfield Elementary School
Middle School:
Northfield Middle High School
High School:
Northfield High School
School District:
Paine Mountain School District
MLS #:
5076099