66-68 South
Proctor, VT 05765
- – beds
- – baths
- 4,220 sqft
- ~1/2 acre lot
- $77 per sqft
- 1900 build
- – on site
More homes
Rarely available, high cash flow 4plex, in the charming artisan town of Proctor, listed at an “as is” 10%+ cap. This stately immense property, at over 6,000 square feet, was formerly a home owned by an executive of the famed Proctor Marble Corporation. It was converted into 4 unique apartments, which have enjoyed near perpetual 100% occupancy due to their desirability. You will be hard pressed to find larger apartments then this 4plex in the region. With an average square footage over 1,000 and multiple floors for two of them. Property would be ideal for owner occupancy or to rent for significant income The building has been professionally managed and renovated. With a Net Operating Income of over $41,000, this investment is projected to yield over a 13%-year 1 cash on cash return based on current numbers, and cash returns can go to 20%+ per year if rents are brought to market. This allows the new owner to realize significant returns from cash flow vs speculation. This property is located within proximity to such iconic sites such as the Vermont Marble Museum, Wilson Castle, Beaver Pond, Proctor Free Library, outdoor ice-skating and roller rink, Carriage Trails, as well as the Proctor Pool. This Property is available as a package with another Proctor 4plex - 50-52 Gorham Bridge Rd MLS#5013870. Listing Broker is a member of the LLC selling the property
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 10, 2024
•
MLS# 5013869 —
The Building
-
Year Built:1900
-
Pre-Construction:No
-
Construction Status:Existing
-
Construction Materials:Wood Frame, Vinyl Siding
-
Architectural Style:Multi-Family
-
Roof:Shingle - Asphalt
-
Foundation:Stone
-
Total Stories:3
-
Total Units:4
-
Approx SqFt Total:5660
-
Approx SqFt Total Finished:4,220 Sqft
-
Approx SqFt Finished Above Grade:4,220 Sqft
-
Approx SqFt Finished Below Grade:0 Sqft
-
Approx SqFt Unfinished Below Grade:1440
-
Approx SqFt Unfinished Building Source:Appraiser
-
Approx SqFt Finished Above Grade Source:Appraiser
-
Road Frontage Type:Paved, Public
Interior
-
Basement:Yes
-
Basement Description:Full
-
Basement Access Type:Walkout
Location
-
Latitude:43.656203000001000
-
Longitude:-73.030901000000000
The Property
-
Property Class:Multi-Family
-
Seasonal:Unknown
-
Lot SqFt:16,988 Sqft
-
Lot Acres:0 Sqft
-
Zoning:res
-
Driveway:Gravel
-
Road Frontage:Yes
-
Road Frontage Length:100 Sqft
-
Lot Features:Sidewalks
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Year:2023
-
Taxes TBD:No
-
Tax - Gross Amount:$5,135.63
Beds
-
Total 2 Bedroom Units:1
Baths
-
Unit 1 Baths:1
-
Unit 2 Baths:1
The Listing
-
Price Per SqFt:77.49
-
Foreclosed/Bank-Owned/REO:No
Heating & Cooling
-
Heating:Oil, Baseboard, Forced Air
Utilities
-
Utilities:Cable
-
Sewer:Public
-
Electric:Circuit Breaker(s)
-
Water Source:Public
The Community
-
Covenants:No
Extra Units
-
Unit 1 Bedrooms:1
-
Unit 2 Bedrooms:2
-
Total 3+ BR Units:2
-
Unit 3 Bedrooms:4
-
Unit 3 Baths:1
-
Unit 4 Bedrooms:3
-
Unit 4 Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/6/24
Dec 6, 2024
|
Sold | PRIME_MLS | $327,000 | -17.2% |
|
10/2/24
Oct 2, 2024
|
Sold Subject To Contingencies | PRIME_MLS | $395,000 | |
|
9/11/24
Sep 11, 2024
|
Listed / Active | PRIME_MLS | $395,000 | 89.0% (39.6% / YR) |
