1035 Us Route 5Derby, VT 05829MLS Number 4856919

  • Price: $995,000
  • Est. Mortgage of $/month
  • 23 Days on Market
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Federal 30-year interest rate: 2.94% last updated on May 13, 2021
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  • 16.36Acreage
  • 1783Year Built
  • 6,750Square Feet
  • ActiveMLS Status

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Listed by Cecile Provost of KW Vermont
This investment property is the opportunity people dream of! A historic barn with excellent property income that includes 7 residential apartments on 16.36 acres. The house and barn were built in late 1700's which could qualify them for historic preservation grants and tax credits. The house was completely renovated in 2013 with new plumbing, septic, electricity, well, individual furnaces' while paying attention to working with the integrity of the original structure. The original workshop was also gutted and renovated into two one bedroom apartments. The seven apartments range from 600 to 1200 sq ft and have their own electric and heating systems which opens the door to possibly create condo units with an association for all maintenance. The existing acres are commercially zoned, currently being used as agriculture land while renting some of the barn for storage. Having both Residential 2 and commercial zoning with this property offers many possibilities for the 8 acres of open land and barn. Provost Farms offers a country way of life that allows for privacy and community interaction. The tenants enjoy access through open fields to a brook or petting the sheep grazing on the hillside, and access to your own vegetable garden. Meandering through the extensive perennial flower gardens and sitting around the campfire are often the preferred way to end the evenings. A place to relax, chat and enjoy mother nature. One of the sellers is the selling agent.

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$995,000
  • MLS Number4856919
  • MLS StatusActive

Property

  • Acreage16.36
  • GarageAssigned, Auto Open, Other
  • Parking Spaces8
  • Square Feet6,750
  • APX Fin AG Sqft6,750
  • Road Frontage300
  • RoadsPaved, Public
  • Lot Description
    • Country Setting
    • Farm
    • Field/Pasture
    • Hilly
    • Landscaped
    • Major Road Frontage
    • Open
    • Stream

Amenities

  • Exterior Amenities
    • Balcony
    • Barn
    • Fence - Partial
    • Garden Space
    • Handicap Modified
    • Shed
    • Storage

Other

  • Taxes$9,863
  • Seasonal Y/NNo
  • TrashRecycle, Tenant
  • Unit 1 Deposit$1,200
  • Unit 2 Rent Amount$1,095
  • Unit 3 Rent Amount$1,595
  • Unit 4 Rent amount$1,200
  • Unit 5 Rent amount$1,200
  • Unit 7 Rent amount$975
  • View Count6

Location

  • TownDerby
  • StateVT
  • Zip05829
  • CountyOrleans
  • ZoningCommercial and R2
  • Elementary SchoolDerby Elementary
  • Junior HighNorth Country Junior High
  • High SchoolNorth Country Union High Sch
  • Flood Zone Y/NNo

Interior

  • FloorsCombination, Hardwood, Laminate, Vinyl, Wood

Exterior

  • ExteriorAluminum, Metal, Vinyl Siding, Wood
  • RoofMetal
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - LP/Bottle, Oil
  • Heat SystemBaseboard, Energy Star System, Forced Air, Hot Water, Individual, Monitor Type
  • UtilitiesInternet - Cable
  • WaterDrilled Well
  • Water HeaterOn Demand, Owned
  • ElectricCircuit Breaker(s)
  • Sewer1500+ Gallon, Leach Field - On-Site, Septic, Septic Design Available

Building

  • Year Built1783
  • Building ConstructionWood Frame
  • StyleFarmhouse, Multi-Family, Multi-Level
  • Units7
  • Unit 1 Bath2
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms6
  • Unit 2 Bath2
  • Unit 2 Bedrooms2
  • Unit 2 Stylesplit level / stairs
  • Unit 2 Total Rooms6
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Stylesingle level on 1st floor
  • Unit 3 Total Rooms3
  • Unit 4 Bath2
  • Unit 4 StyleSingle level on ground
  • Unit 4 Total Rooms6
  • Unit 5 Baths2
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms3
  • Unit 7 Bedrooms1
  • # of 2 Bedrooms4
  • Basement
    • Bulkhead
    • Concrete
    • Crawl Space
    • Dirt Floor
    • No Tenant Access
    • Unfinished
  • FoundationFieldstone, Poured Concrete, Stone
StoneCrest Properties
StoneCrest Properties
Office: 802-626-4790
101 Depot Street
Lyndonville, VT 05851
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Copyright 2021 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 NEREN. 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. Data last updated May 14, 2021.

 

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