734 Elmore Road

Closed 7/16/21
Closed 7/16/21
Gallery Image 1
Sold
Last Sold Price
$230,000
5 beds2,336 sqft$98/sqft
734 Elmore Rd, Morristown, VT 05661
Multi FamilyProperty Type
0.3 acresLot Size
1900Year Built
$98/sq ftPrice per sq ft
1 carParking Spaces

Description

Fully leased three unit building in wonderful Morrisville neighborhood! Building consists of two 2 bedroom units and one 1 bedroom unit. All three units currently occupied with excellent tenants who are respectful and pay their rent on time each month. There is a detached one car garage that is currently not being used and could be used by the new owner or rented out for additional income. Keep all three units rented for maximum income, move into one of the units to live for free, or convert the...Fully leased three unit building in wonderful Morrisville neighborhood! Building consists of two 2 bedroom units and one 1 bedroom unit. All three units currently occupied with excellent tenants who are respectful and pay their rent on time each month. There is a detached one car garage that is currently not being used and could be used by the new owner or rented out for additional income. Keep all three units rented for maximum income, move into one of the units to live for free, or convert the building back to a single family home. Plenty of options to consider! The building will be sold on a .3 acre lot and taxes are TBD but should be similar to their current amount. Subdivision is in progress and there will be a new single family home constructed behind this building in May with a fall completion date. Broker Owned.

    Sold By Coldwell Banker Carlson Real Estate

    • Listed by: Graham Mink • Mink Realty
    Listing closed: 07/16/2021 12:00 AM • Source: New England Real Estate Network, MLS#: 4849586
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    $1,507 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,189

    Property Taxes

    $318

    HOA Dues

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    Property Information for 734 Elmore Road

    Property Details
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1900
    • Lot Size: 0.30 AC / 13,068 SF
    Summary
    Location and General Information
    • City: Morristown
    • County: VT-Lamoille
    • Directions: From center of Morrisville Village take VT RT12 South towards Elmore. Stay right at the Rt15- Rt12 intersection and drive .7 miles to driveway on the right. White building with red trim.
    • Latitude: 44.558672223225244
    • Longitude: -72.585325236770629
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip: 05661
    Taxes and HOA Information
    • SPAN Number: 414-129-11365
    • Taxes TBD: Yes
    School Information
    • School - High: Peoples Academy
    • School - District: Lamoille South
    • School - Elementary: Morristown Elementary School
    • School - Middle/Jr: Peoples Academy Middle Level
    Parking
    • Garage: Yes
    • Garage Capacity: 1.00
    • Driveway: Gravel
    Property
    Lot Information
    • Lot - Sqft: 13068.0
    • Lot Size Acres: 0.3
    • Road Frontage Length: 132.0
    • Square Feet Apx Finished Above Grade: 2336.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Measured
    • Square Feet Apx Total: 5372.0
    • Square Feet Apx Total Finished: 2336.0
    • Square Feet Apx Unfinished Above Grade: 2336.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 700.0
    • Square Feet Apx Unfinished BG Source: Other
    Property and Assessments
    • Current Use: No
    • Property Class: Multi-Family
    • Easements: Yes
    • Flood Zone: No
    • Foundation: Block, Concrete, Fieldstone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1900
    Utilities
    • Electric: 100 Amp, Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Cable - Available, DSL - Available, Gas - LP/Bottle, High Speed Intrnt -Avail
    • Total Electric Meters: 3
    • Separate Utilities: Yes
    Interior and Exterior Features
    Exterior Features
    • Color: White
    • Roads: Public
    • Roof: Membrane
    • Total Ranges: 3
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walk-up
    • Basement Description: Concrete, Concrete Floor, Unfinished, Exterior Access
    • Total Full Baths: 3
    • Heat Fuel: Gas - LP/Bottle, Oil
    • Heating: Direct Vent, Forced Air
    • Cooling: None
    • Total Refrigerators: 3
    • Total Stories: 2
    • Total Water Heaters: 3
    Multi Family
    Income & Expenses Information
    • Gross Income: $31,020.00
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 1
    • Total 2 BR Units: 2
    • Total 3+ BR Units: 0
    • Total Heat Units: 3
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 2
    • Unit 1 Rental Agremnt: Yes
    • Unit 1 Lease Term: Annual
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Leased
    • Unit 1 Rental Amount: $950.00
    • Unit 1 Tenant Pays: Electric
    Unit 2
    • Unit 2 Lease Term: Annual
    • Unit 2 Baths: 1
    • Unit 2 Rental Agremnt: Yes
    • Unit 2 Status: Leased
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 2
    • Unit 2 Rental Amount: $885.00
    • Unit 2 Tenant Pays: Electric
    Unit 3
    • Unit 3 Lease Term: Annual
    • Unit 3 Baths: 1
    • Unit 3 Rental Agremnt: Yes
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Status: Leased
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $750.00
    • Unit 3 Tenant Pays: Electric
    Rental
    Rent Information
    • Total Leases: 3

    Property History for 734 Elmore Road

    DateEvent & SourcePriceAppreciation
    Jul 16, 2021

    Sold (Public Record)

    Public Record #1466888367

    		$230,000

    +7.1% / yr

    Jul 16, 2021

    Sold

    New England Real Estate Network #4849586

    		$230,000—
    Mar 4, 2021

    Price Change

    New England Real Estate Network #4849586

    		$259,000—
    DateEvent & SourcePrice
    07/16/2021

    Sold (Public Record)

    Public Record #1466888367

    $230,000

    +7.1% / yr

    07/16/2021

    Sold

    New England Real Estate Network #4849586

    $230,000
    03/04/2021

    Price Change

    New England Real Estate Network #4849586

    $259,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 734 Elmore Road

    Taxable ValueLand$57,300Additions$243,500Total$300,800
    Tax Record2025$3,814 ($318 / month)
    Home Facts
    Baths3Total Finished SqFt2,288 SqFtAbove Grade Finished SqFt2,288 SqFtUnfinished Basement SqFt680 SqFtStories2Lot Size12,632 SqFtStyleTriplexYear Built1870Year Renovated1870CountyLAMOILLEAPN(129) 24044

    Schools near 734 Elmore Road

    This home is within Lamoille South Unified Union School District #90.
    Rating
    School
    Type
    Grades
    Distance
    Morristown Elementary School
    		Public - PK to 4
    Stowe Middle/High School
    		Public - 6 to 12
    Peoples Academy
    		Public - 9 to 12
    Peoples Academy Middle School
    		Public - 5 to 8
    Rating
    School
    Distance
    Morristown Elementary School
    PublicPK to 4

    Stowe Middle/High School
    Public6 to 12

    Peoples Academy
    Public9 to 12

    Peoples Academy Middle School
    Public5 to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Mink Realty

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