184 VT 5A, Burke, VT, 05871 | $79,000

Welcome to a property steeped in history! Nestled in the charming countryside, this unique offering was originally built in the 1850s as a schoolhouse evolving into a blacksmith shop, then a grange hall, and eventually serving as a feed and hardware store. This property, rich with character, is an ideal canvas for those with a passion for restoration. The main structure, with its original architectural elements, provides a blank slate for creative minds to breathe new life into its historic bones. The location offers a perfect blend of seclusion and accessibility, with Burke Mountain a mere 10 minutes away and the picturesque Lake Willoughby just a short 20-minute drive. While this property promises a rewarding restoration project, it's important to note that it is a fixer-upper. There is no on-site water or septic system, providing a unique opportunity for the new owner to tailor these features to their preferences and needs. Seize the opportunity to transform this piece of property into something that reflects your vision

Features

  • Property Type: Business,Other
  • Construction: Wood Frame,Asbestos Exterior,Clapboard Exterior,Shingle Siding
  • Heating: Hot Air
  • Cooling: None
  • Zoning: res
  • Year Built: 1850
  • Acreage: 0.09
  • Est. Taxes: $1,396
  • MLS#: 4978150
  • Website: https://www.raveis.com
    /prop/4978150/184vt5a_burke_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/17/2024
Listing courtesy of Flex Realty   Phone: 802-399-2860
Listing Agent: Flex Realty Group

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

184 VT 5A, Burke, VT, 05871

$79,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $63,200 $63,200 $63,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.286%
Monthly Tax Payment $116 $116 $116
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $431 $420 $533
Total Monthly Payment $622 $611 $724

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.