Description
Looking to start your investment portfolio? This property is a great place to start. In a quiet Sharon cul-de-sac, this property has two 2-bedroom units, one on each floor. Newer roof, newer shared septic, poured concrete foundation. The lot includes 10.5 acres of land, majority of which abuts land owned by the Vermont Department of Fish & Wildlife, which connects to the White River. Usability/buildability of the land to be confirmed by purchaser. PRE-INSPECTION AVAILABLE UPON REQUEST - Owner corrected a lot of the issues that were discovered at the inspection, leaving mostly cosmetic fixes for the new owners. One unit is rented month-to-month, and one has a 12-month lease. Purchaser could potentially buy out the lease, or request the building vacant at closing. Owner would consider granting a right of first refusal on the neighboring doublewide (two unit), which shares the septic system. This does not transfer with the property but could give a future owner the opportunity to acquire the adjacent units if they ever become available, and potentially control the entire septic system. So much potential for an investor to build sweat equity in this property. Video tours of each unit available upon request. 48-hour notice required for showings as both units are occupied.
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4BEDS
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10.5ACRES
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2BATHS
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01/2 BATHS
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1,992SQFT
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$148$/SQFT
School Ratings & Info
Description
Looking to start your investment portfolio? This property is a great place to start. In a quiet Sharon cul-de-sac, this property has two 2-bedroom units, one on each floor. Newer roof, newer shared septic, poured concrete foundation. The lot includes 10.5 acres of land, majority of which abuts land owned by the Vermont Department of Fish & Wildlife, which connects to the White River. Usability/buildability of the land to be confirmed by purchaser. PRE-INSPECTION AVAILABLE UPON REQUEST - Owner corrected a lot of the issues that were discovered at the inspection, leaving mostly cosmetic fixes for the new owners. One unit is rented month-to-month, and one has a 12-month lease. Purchaser could potentially buy out the lease, or request the building vacant at closing. Owner would consider granting a right of first refusal on the neighboring doublewide (two unit), which shares the septic system. This does not transfer with the property but could give a future owner the opportunity to acquire the adjacent units if they ever become available, and potentially control the entire septic system. So much potential for an investor to build sweat equity in this property. Video tours of each unit available upon request. 48-hour notice required for showings as both units are occupied.
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Courtesy of Devin Josler of Black House Real Estate: .