123 Thomas Lane Stowe, VT 05672
$650,000
0.0 Baths | 3,996 Sq Ft
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Area
Info
Walk Score
47
Price: $650,000
Est. payment:
Type: Multi-Family
Style: Contemporary
Square Feet: 3996 sqft
Lot Size: 3.60 acres
Year Built: 1972
Taxes Paid: $8,867
Area: Stowe
County: Lamoille
School District: Lamoille South
MLS: 4652924
Status: Active
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Great Investment Opportunity for a Landlord with ability to expand. This 6 unit Multi-family built in 1972 was gutted & redone in the 1980's so many issues that might have surfaced have been replaced such as plumbing & wiring. The 6 units undergo continued maintenance upon vacancies. There is a coin operated washer & dryer on premises while Unit 3, the owners unit has its own washer & dryer. Each unit pays its electricity and propane for their gas stoves & gas water heaters. Owner pays for the oil to operate the boiler for the heat throughout the building. Building is conveniently located with frontage on Cliff St if one wants to walk to lower village or driveway off Thomas Lane for an easy walk to the post office, village or ice rink. Extensive financial information available after signing a Confidentially Agreement. The building also includes the laundry room of about 165 sq.ft., the Furnace Room of about 106 sq. ft., Two attached sheds, one 12 x 20 & the other is 10 x 16. There is also a closed storage unit of 12 x 16 ft. with an overhead door and concrete floor. The carport for 4 vehicles is 26"x 40"with an open front side. Building is served by a drilled well which yields about 179 gallons a minute and is treated for iron. The roofs have been replaced pat in 2010 & part in 2016. In addition to the six units existing the zoning would permit an additional 4 units to be constructed and seller had design such a plan a few yars ago but did not seek permits.

Lot & Building Features

Basement Description: Finished, Full
Construction: Wood Frame
Cooling: None
Exterior: Clapboard, Wood Siding
Features Exterior: Deck, Private Dock, Outbuilding, Fence - Partial
Foundation: Block
Garage: Yes
Lot Description: Corner, Walking Trails, Landscaped
Parking Description: Driveway, ON-SITE, Parking Spaces 6+, Unassigned
Roof: Shingle - Asphalt
Sewer: Public
Tax Year: 2016
Taxes Paid: $8,867
Water: Drilled Well
Water Heater: Gas - LP/Bottle, Separate

Price History

Date Name Price Difference
08/11/2017 Listing Price $650,000.00 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Community and School Information

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123 Thomas Lane (MLS #4652924) is a contemporary multi-family listing located in Stowe, VT. This multi-family listing is 3,996 sqft and on a lot of 156,816 sqft (or 3.60 acres) and is 45 years old. This property was listed on 08/11/2017 and has been priced for sale at $650,000.

Nearby zip codes are 05602, 05661, 05676 and 05677. This property neighbors other cities such as Middlesex, Morristown and Waterbury.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Ken Libby - Stowe Area Realty LLC

Copyright 2017 Northern New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. 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. Subject to errors, omissions, prior sale, change or withdrawal without notice. Berkshire Hathaway HomeServices Verani Realty will be pleased to represent you the buyer on this or any other property.

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©2017 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. Maine Real Estate Information System, Inc. All Rights Reserved. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.

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