Bought with Mike Kalil • Watson Realty & Associates
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11 Mountain Commons RD Mendon, VT 05701
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,900 sqft
Price per Sqft $43
MLS Listing ID 4859043
Sold Date 09/30/21
Style Multi-Family
Bedrooms 3
Full Baths 1
Construction Status Existing
Year Built 1930
Annual Tax Amount $11,662
Tax Year 2021
Lot Size 2.700 Acres
Acres 2.7
Property Description
10 Units on 2.7 Acres, Great income generator investment property, only 2 miles from Pico & Killington Ski areas, minutes to Rutland and shopping also, potential commercial store fronts, condominium resale, seasonal rentals or apartments, Perfect for someone to live in the ranch house and collect rents on the other 9 units as an income, Rents for UNTES 9 ( Ranch) is $1300 & unit 10 rent is $950 . NOI is $ 63,929 which includes professional management fee, 11.6 Cap rate Previous owner had delegated 4 units to Killington employees which can generate potentially more income.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Residential & Commercial
Rooms
Basement Entrance Interior
Basement Concrete Floor
Interior
Heating Gas - LP/Bottle
Cooling None
Exterior
Exterior Feature Vinyl, Wood
Garage Detached
Garage Spaces 1.0
Utilities Available DSL, Phone
Roof Type Shingle - Asphalt
Building
Lot Description Country Setting, Major Road Frontage, Mountain View, Rental Complex, Ski Area, Trail/Near Trail, View, Wooded
Story 2
Foundation Concrete
Sewer Public, Septic
Water Dug Well
Construction Status Existing
Schools
Elementary Schools Barstow Memorial School
Middle Schools Barstow Memorial School
High Schools Choice
School District Barstow Joint School District
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