Grand Isle Tri-Plex
48 Hyde Road
3 Units 1 BR, 2BR, & 3BR Options 7.94+/- Acres Great Investment Opportunity!
Great Investment Opportunity with Tons of Storage Space on an Expansive Lot Barb Trousdale | The Barb Trousdale Team | 802.233.5590 2004 Williston Road, South Burlington, VT 05403 |
[email protected] Additional Property Information 48 Hyde Rd, Grand Isle, VT 05458 Taxes:
Town of Grand Isle—$3,800 (2016 Non-homestead rate). Property is currently a part of a larger parcel and is taxed as a whole. Taxes have been estimated using town assessment data, including the 2016 tax rate.
Power:
Vermont Electric Co-op (Tenants pay electric)
Propane: Rowley Fuels (Tenants pay propane) Septic:
Private septic system with 2000 gallon concrete tank and leach field. Pumped and inspected in May 2015. Receipt attached or available upon request.
Water:
Municipal water services all units. Seller indicates a flat fee of $600 per quarter for entire property.
Services: Comcast offers cable TV, high speed cable internet, and phone. Heating:
Unit #1 & Unit #3 are serviced by direct vent Rinnai propane wall heaters. Unit #2 is heated by an oil hot air furnace which is located in the basement accessed from the bulkhead. All three units each have their own propane hot water heaters.
Zoning:
Property is within the Rural Residential/Agricultural zoning district of the Grand Isle Zoning Regulations. Please see attached for partial zoning regulations. Please consult Grand Isle Zoning Official with any specific inquires. http://www.grandislevt.org/departments/planning-zoning/
Boundaries: Property does not seem to be formally marked. The boundaries appear to be easily identified by aerial map and
road frontage. Road:
Hyde Rd is a year-round, town maintained and plowed road.
Lawn Care & Plowing: Paid by owner. Average of $400 per month over the year. Weather dependent. Trash:
Currently, the property owner pays for trash service.. Serviced by Casella with approximately 3 trash cans and 3 recycling cans. Seller indicates a fee of $86 per month.
Insurance: Seller pays $807 per year for property and liability insurance. Outbuildings: The surrounding home site includes several old barns, a concrete pad, and a silo - once used for milking cows,
housing chickens, etc. Currently they are used as storage. Roof:
The owner indicates the original home’s roof was replaced approximately 4 years ago. The northern portion of the building has a metal roof.
EMP:
The lead Essential Maintenance Practice is being scheduled.
Fire Insp: Fire Marshall inspection is being scheduled.
Information provided by Owner; Purchasers should not rely on this information, and should verify for themselves.
Additional Property Information 48 Hyde Rd, Grand Isle, VT 05458 Rental & Financial Information: Note: Current owner/landlord includes trash, water service, and septic service within the monthly rent payment. All major appliances are provided by the owner. All figures are provided by the seller. Unit 1 (2 bedroom) rent: $825/month—this is a month-to-month lease. Unit 2 (3 bedroom) rent: $950/month—this is a month-to-month lease Unit 3 (1 Bedroom) rent: $800/month—this is a month-to-month lease Monthly Income: Apartment 1 Rent (2 Bedroom) Apartment 2 Rent (3 Bedroom) Apartment 3 Rent (1 Bedroom) Total
$
$
825.00 950.00 800.00 2,575.00
Monthly Expenses Insurance Maintenance Water Trash Snow Removal/Lawn Maintenance Total
$
67.00 200.00 200.00 86.00 400.00 953.00
Net Monthly Income:
$
1,621.75
Information provided by Owner; Purchasers should not rely on this information, and should verify for themselves.
48 Hyde Rd - Grand Isle
DISCLAIMER: This map is for general reference only and was created from other sources that may or may not contain errors or otherwise be reliable. This map and data should not be used for navigation and may not reflect recent construction, logging or other commercial activity on the property. Measurements, distances and areas may not be accurate. Preferred Properties encourages all buyers and agents to perform their own due diligence and to not rely on this information. We will not be responsible for decisions and offers made from this information. SOURCE: AGENCY OF NATURAL RESOURCES
48 Hyde Rd - Grand Isle
DISCLAIMER: This map is for general reference only and was created from other sources that may or may not contain errors or otherwise be reliable. This map and data should not be used for navigation and may not reflect recent construction, logging or other commercial activity on the property. Measurements, distances and areas may not be accurate. Preferred Properties encourages all buyers and agents to perform their own due diligence and to not rely on this information. We will not be responsible for decisions and offers made from this information. SOURCE: TOWN OF GRAND ISLE