96 Chester Rd 5 Unit Apartment Building $324,000 ($64,800/Unit) 12.12% Cap Rate Springfield, VT 05156



EXECUTIVE SUMMARY
ATTENTION INVESTORS -- 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR UNIT and 1- 1BR UNIT. ACTUAL CAP RATE 11.55%, PROFORMACAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS. PRICE IS NEGOTIABLE FOR CASH OFFERS AND QUICK CLOSING!
PROPERTY FACTS
Price | $324,000 |
Price Per Unit | $64,800 |
Sale Type | Investment |
Cap Rate | 12.12% |
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid-Rise |
Building Class | B |
Lot Size | 0.30 AC |
Building Size | 4,650 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1945 |
Opportunity Zone |
Yes |
Zoning | COMM/RES - Commercial residential |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Range
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 5 | - | - |
1 of 1
PROPERTY TAXES
Parcel Number | 606-190-13759 | Improvements Assessment | $131,400 |
Land Assessment | $23,700 | Total Assessment | $155,100 |